PICC Group to launch Shanghai IPO 'at appropriate time'
2013-03-07 17:01:37
People's Insurance Company (Group) of China (PICC), one of the country's largest insurance groups, will float shares in Shanghai at an appropriate time, the company said in a statement on Thursday.
ICBC keen to be yuan clearing bank in London
2013-03-07 13:33:33
Industrial and Commercial Bank of China, the world's biggest bank by market value, aims to become the clearing bank for offshore yuan business in London.
Qoros debuts new sedan with more in the pipeline
2013-03-07 10:54:01
Qoros Auto Co Ltd made its public debut on Tuesday at the Geneva Motor Show by unveiling the first in a series of new models aimed at discerning young buyers in China and Europe.
Air conditioner maker Gree sets lofty sales goal
2013-03-07 10:53:29
Gree Group, China's largest maker of domestic air conditioners, has set an ambitious sales target for the years ahead, even amid the sluggish demand due to the global financial crisis.
ABB sees stable growth despite tough market
2013-03-07 10:12:07
ABB China, the Chinese unit of the Swiss-Swedish multinational engineering company ABB Ltd, registered stable annual sales growth in 2012, despite difficult local industrial conditions.
Suntech's fate dims amid conflict
2013-03-07 09:59:07
The fate of the world's leading maker of solar panels has become more in doubt, as its recently ousted chairman said the board has no plan for refinancing.
Nokia signals China ambitions
2013-03-07 09:38:11
This year could be a tipping point for Nokia Oyj with early indications the handsets have achieved a good start in major smartphone markets.
WISCO to merge assets into listed subsidiary
2013-03-06 17:25:51
Wuhan Iron and Steel (Group) Corp, China's fourth-largest steelmaker by output, is restructuring by merging its assets and resources into WISCO's listed subsidiary, Wuhan Iron and Steel Co Ltd.
Sportswear maker 361 net profit drops 37.6%
2013-03-06 17:25:32
Fujian-based sportswear maker 361 Degrees International Ltd said its net profit declined 37.6 percent to 715 million yuan ($113.73 million) in 2012.
Unilever to sell water purifiers in China
2013-03-06 16:53:15
Unilever, the global consumer goods giant, will start selling water purifiers in China, the National Business Daily quoted a senior executive at the company as saying on Wednesday.
Sohu.com denies report of going private
2013-03-06 16:51:59
Sohu.com Inc, the operator of one of the biggest Web portals in China, denied a report saying that it is talking to investment banks and private equity funds to go private.