Minsheng Bank H1 profit surges 36.9%
2012-08-24 10:13:27
China Minsheng Banking Corp Ltd announced Thursday that its net profit surged 36.9 percent to 19 billion yuan ($3 billion) in the first half of this year.
Bank of China H1 profit up 6.8%
2012-08-24 10:06:48
Bank of China announced that its net profits rose 6.8 percent year-on-year to 75 billion yuan ($11.9 billion) in the first half of this year.
Tesco closes stores as expansion stutters
2012-08-24 10:05:55
British retail giant Tesco Plc confirmed it would close four stores in China, a move to concentrate on its key business regions.
PetroChina H1 profits down 6%
2012-08-24 10:01:25
PetroChina Co said Thursday that its net profits dropped 6 percent year-on-year to 62.02 billion yuan ($9.84 billion) in the first six months.
China Unicom H1 profits up 32%
2012-08-24 09:59:17
China Unicom said Thursday its net profits in the first half of the year rose 32 percent year-on-year to 1.16 billion yuan ($183 million).
PetroChina on 'buy' drive
2012-08-24 09:30:57
PetroChina Co Ltd is actively seeking acquisition opportunities in Central Asia, East Africa, Australia and Canada, the company said.
BOC sees slowest profit growth in 3 yrs
2012-08-24 09:26:44
Bank of China Ltd registered its slowest profit growth pace in three years as the economy slows down and the interest spread narrows.
Chinese contractors in Africa turn to investment
2012-08-24 02:54:54
Chinese contractors in Africa are now shifting to investment in areas such as infrastructure, agriculture, and mineral and energy products.
Realty firms' revenue, profit rise in H1
2012-08-23 15:49:29
Despite strict property market controls, China's listed real estate developers delivered a solid performance in the first half of the year.
Buddhist mount IPO encounters opposition
2012-08-23 07:47:57
The Buddhist Association of China is strongly opposed to a plan for a public offering by a tourism development company that provides services around a sacred Buddhist mountain in East China.
Manager accused of fraudulent labeling
2012-08-23 07:31:57
Police in East China have detained a sales manager at Mengniu Dairy Group on suspicion of tampering with the production dates on batches of milk and yogurt.
Sprite, Coca Cola popular in college
2012-08-23 13:53:21
A survey released by Staffers shows Sprite and Coca-Cola holding the first two spots among beverage brands favored by Chinese college students.