Moutai chairman warns of growth slowdown
2013-01-29 17:35:05
Kweichow Moutai, the well-known Chinese liquor manufacturer, expects to see a slowdown in its growth rate this year.
Wanda sets higher target for assets expansion
2013-01-29 17:34:22
Wang Jianlin, chairman of Wanda Group, said the company aims to expand its assets value to 350 billion yuan ($56 billion) in 2013.
CSR seeks funds after getting major contracts
2013-01-29 15:26:10
China South Locomotive & Rolling Stock Corp Ltd, the world's largest maker of electric locomotives, is raising funds after getting huge contracts.
Profits surge expected for Huaneng Power
2013-01-29 13:35:03
Huaneng Power International Inc, the publicly traded unit of China's largest electricity producer, expects a surge of more than 340 percent in annual net profits in 2012.
GAC Group forecasts huge decline in profits
2013-01-29 11:08:45
Guangzhou Automobile Group Co Ltd predicts a substantial net profit decline for 2012 in its preliminary fiscal performance review.
China COSCO eyes turnaround options, stock down sharply
2013-01-29 10:45:18
The world's largest bulk shipper, China COSCO Holdings Co Ltd, faces the risk of delisting for its Shanghai shares if it fails to turn around in 2013, after having warned of a second straight year of losses.
Huawei becomes world's 3rd-largest smartphone vendor
2013-01-29 10:23:32
Chinese telecom giant Huawei Technologies Co Ltd emerged as the world's third-largest smartphone vendor in the fourth quarter of 2012.
Sichuan Airlines to fly between Chengdu, Melbourne
2013-01-29 10:18:52
Sichuan Airlines will offer direct flights between the southwestern Chinese city of Chengdu and Melbourne of Australia starting from Feb 28.
CNOOC, Nexen extend closing date
2013-01-29 10:13:36
The deadline for the takeover of Nexen Inc by China's largest offshore oil producer has been extended by 30 days, it was announced on Monday.
Michelin opens $1.5b factory in Shenyang
2013-01-29 10:13:20
The French tire maker Michelin Group has invested nearly $1.5 billion, its largest single investment in China, to open its biggest factory in Shenyang.
Huaneng Power International expects profit surge in 2012
2013-01-28 16:52:16
Huaneng Power International Inc, the publicly traded unit of China's largest electricity producer, said on Jan 28 that it expects annual net profits in 2012 will increase by more than 340 percent from the 1.27 billion yuan ($202.2 million) in 2011 based on Chinese accounting standards.
Shanghai GM to lift 2013 sales target
2013-01-28 16:52:16
Shanghai General Motors Co Ltd is set to raise its 2013 sales target in the first quarter, China Business Times reported Sunday, citing internal sources.