Brief

For any briefs, most often the Daily Briefs

Minsheng may delay HK listing, cites BoCom

Minsheng Banking Corp Ltd may delay listing its H-shares in Hong Kong after shareholders cited the Ban

McDonald's pulls "insulting" TV ad

Fast-food giant McDonald's has pulled a television ad in China that some viewers considered offensive,

US Home Depot seeks Orient stake

Home Depot, the leading US do-it-yourself chain, is in talks with its mainland counterpart, Orient Gro

Insurance premiums up 15%

Insurance premiums rose by 15.39% in the first five months of the year to 219.5bn RMB (US$26.5bn), the

Haier bids US$1.28bn for Maytag

Haier Group, China's top appliance producer has bid US$1.28bn to buy Maytag, the third-biggest home ap

Likely Unocal bid by CNOOC - US$20bn

The Chinese oil and gas producer CNOOC is likely to trump the Chevron offer and bid around US$20 billi

"Bad" debt sale delayed by ICBC bungle

The central bank abruptly canceled an auction of 400bn RMB (US$48.38bn) in non-performing bank loans a

UBS in talks to buy BoC stake

UBS is negotiating to buy a stake in Bank of China, the country's third-largest lender, the Financial

China to limit more textile exports

In a move aimed at easing trade tensions with the US and smoothing the way for talks, China has issued

Shares rally on news of share sale reform

China shares rebounded on Monday as investors were encouraged by the government's increased efforts to

COSCO shipping in HK IPO

China's biggest shipping firm, COSCO Holdings Co Ltd, will raise up to US$1.6bn in a Hong Kong IPO, st

China to cut refining costs

China will invest US$3bn on new refinery units able to process cheaper, lower-quality Middle East crud

Plans to reshuffle asset firms

After bad loan-clearing tasks are completed late next year, China's four state-owned asset management

Beijing Olympic rail link delayed

Initial construction on a 5bn RMB (US$604m) rail link between Beijing and its airport has been delayed

BoCom IPO shares US$0.32 each

Bank of Communications has priced 5.86bn shares at US$0.32 each in its Hong Kong IPO, state media repo

US$200bn government shares for sale

China, seeking to retain state control in key sectors, has limited plans to sell more than US$200bn in

Troubling signs for Macau economy

Macau is experiencing an economic slowdown, the South China Morning Post reported, quoting statistics

Alstom plans major China JVs

The French power and transport equipment giant Alstom is in talks with Chinese officials to establish

'World's Factory' a dubious distinction

China faces an environmental crisis unless it tempers its industrial growth with an environmental agen

Textile exports to EU rebound

Many mainland textile firms report improved business since China and the EU resolved their textile dis

Growing income gap

Income gap in the Mainland widened in the first quarter of the year, with 10% of the nation's richest

More cos to sell state shares

China's securities regulator has approved 42 more companies to sell state-owned shares, accelerating i

BofA buys stake in CCB

Bank of America will pay about US$2.5bn for a 9% stake in China Construction Bank and will buy another

BoCom's US$1.9bn HK IPO lures investors

China's Bank of Communications has drawn flocks of investors to its US$1.9bn IPO on the Hong Kong Stoc

China mulls building aircraft carriers

A senior official in China's shipbuilding industry said Beijing is considering whether to build an air

Tsang officially CE of HK

Donald Tsang, the choice of China's Communist Party leadership and the leading candidate, officially w

CNOOC verdict on Unocal next week

China National Offshore Oil Corp, seeking to take over its US rival Unocal, will learn next week wheth

Airbus sells big to Chinese airlines

Airbus SAS is in talks to sell an undisclosed number of its biggest aircraft, A380s, to three Chinese

Caution urged in pricing renewable energy

Energy industry experts and government officials are cautioning that proposed laws on renewable energy

Benz to produce sedans in PRC

German-US automaker Daimler Chrysler will begin producing Mercedes-Benz sedans for the Chinese market

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