Bright Food Group Co plans to join Unilever NV in selling yuan-denominated bonds. That will cap a record 12 months of sales by food companies, as poisoning scandals and rising wealth accelerate expansion by larger companies in China.
China's Ministry of Finance said on Wednesday that it will auction 30 billion yuan ($4.6 billion) in three-year government bonds next Wednesday.
China's economic growth is facing increasing pressure from credit and asset bubbles, with inflation in the country projected to hit 5 percent this year, the International Monetary Fund (IMF) said in its latest report.
The Chinese Ministry of Commerce (MOC) on Tuesday published its long-awaited guidelines for e-commerce third-party payment service providers in a bid to regulate a rapidly developing business-to-consumer (B2C) industry.
China Everbright Bank's H-share IPO plan has gained regulatory support, but the bank has not considered strategic investment, Lin Li, the bank's vice president, said Tuesday.
China's Ministry of Finance said Tuesday that it would launch three batches of electronic savings bonds worth up to 50 billion yuan ($7.64 billion) starting this week.
China Shipbuilding Industry Co Ltd plans to raise up to 12.5 billion yuan ($1.9 billion) by selling new shares to a select group of investors, the company said on Tuesday.
The trial of China's new Qualified Foreign Limited Partnerships (QFLP) policy is proving to be a hit with overseas private equity (PE) companies, who are showing interest in the direct-investment channel.
China granted qualified foreign institutional investors (QFII) status to three foreign fund management companies in the first quarter of the year, official data showed.
China granted qualified foreign institutional investors (QFII) status to three foreign fund management companies in the first quarter of the year, official data showed.
China Everbright Bank Co said on Monday that its net profit jumped 67.4 percent to 12.79 billion yuan ($1.96 billion) for the 12-month period ended on Dec 31 last year, boosted by higher interest margins and commissions.
Asian currencies strengthened for a third week, the longest run of gains since October, as overseas investors added to holdings of regional assets to benefit from the world's fastest economic growth.