Sinopec to complete refinery by January
2007-12-25 09:53:04
Sinopec Group will complete the construction of a 12.5 billion yuan ($1.71 billion) refinery in Qingdao in East China's Shandong Province by the end of January.
Baosteel ups stake in insurer
2007-12-25 09:53:04
Baosteel Group Corp will buy 90.1 million shares in New China Life Insurance Co, taking its stake in the insurer to 17.3 percent.
CNPC to build refineries in Shandong and Yunnan
2007-12-25 09:53:04
China National Petroleum Corp (CNPC), the nation's largest oil producer, plans to build two refineries in Shandong and Yunnan to boost its capacity.
SOEs smaller but stronger
2007-12-22 13:48:35
China's state-owned enterprises reported a year of prosperity in 2007, but many still have a long way to go to become internationally competitive.
Chinese stock market enters fast lane
2007-12-22 12:43:16
With Pacific Insurance raising 30 billion yuan in the stock market this week, the construction of a fleet of blue chips has just begin.
CCB to open overseas branches
2007-12-22 09:30:37
China Construction Bank plans to open branches in cities including London and Dubai. It has also applied to open a branch in Doha.
Market, experts hail Morgan Stanley deal
2007-12-21 07:07:40
The international market sees China Investment Corp's investment in Morgan Stanley as a big business move and experts hail it as a deal in the right direction.
Huaneng to sell 50m bonds
2007-12-21 09:54:25
Huaneng Power International said yesterday it's been approved for the mainland's biggest bond issue worth 5 billion yuan, after a rule change in June.
Sinoma surges 42% on Hong Kong debut
2007-12-20 15:53:10
Sinoma surged 42 percent above its IPO price on its first trading day in Hong Kong, highlighting continued confidence in the mainland's economic outlook.
Bank QDIIs approved to invest in UK stocks, funds
2007-12-19 10:29:52
China will allow its commercial banks to extend their QDII portfolios to the UK and US stock and fund markets.
Central bank reopens special deposit to curb liquidity
2007-12-19 10:29:52
The People's Bank of China says it will start taking special deposits again from December 27, Tuesday's Shanghai Securities News said.
New Sinopec plant under way
2007-12-19 10:29:52
The nation's largest oil refiner Sinopec yesterday began work on a 14.6-billion-yuan ethylene plant in Wuhan, capital of Hubei Province, to meet demand in the central region.