Brief

For any briefs, most often the Daily Briefs

Xinhua plans to sell shares

Xinhua Bookstore announced that it plans to sell up to 60% of its stock to domestic and overseas priva

Shake-up for securities law

China's company and securities laws are set for a major shake-up this week reducing government interve

Everbright launches bond issue

Everbright Securities has launched a RMB 760 million (US$91.57million) corporate bond issue, becoming

Foton Motor unveils share issue plan

Light truck king Beiqi Foton Motor said it planned to raise 1.1 billion yuan, (US$133 million) with a

Report: China might bid on Yukos oil unit

China could be one of the bidders for OAO Yukos Oil Co unit OAO Yuganskneftegaz, if it is sold off to

Migrant workers owed US$43 billion

China's migrant workers are owed RMB 360 billion (US$43 billion) by their employers, state media repor

China declared currency dispute winner

Columbia University economist and Nobel laureate Robert Mundell declared victory for China in its effo

PCCW in talks to sell a 50% stake to Netcom

PCCW, Hong Kong's main fixed-line telecom service company, said it was in talks to sell a stake to mai

MG denies reports of SAIC takeover

UK-based MG Rover group denied reports it is to be taken over by Shanghai Automotive Industry Corp (SA

Datang aiding power shortage

China will need to increase power output by 40,000 megawatts (MW) per year to maintain GDP growth rate

CRE to build railway in Western Australia

China Railway Engineering will build and finance a railway for a proposed US$1.34 billion iron ore min

ICBC says it's set for fund management

Industrial Commercial Bank of China said it was going into the fund management business.

More distressed assets go on the block

China Central Television reported that China Cinda Asset Management began to auction off RMB 15.7 bill

Yanzhou Coal wins higher price

Yanzhou Coal Mining got its maximum 8% allowable increase on its coal price in negotiations on one-yea

Ethylene plant nears approval

Sinopec Zhenhai Refining & Chemical's RMB 20 billion proposed 1 million-tonne-capacity ethylene pl

CSRC rules impacting firms

Shanghai BOE Technology Group was in talks to list its flat-panel display business on overseas markets

Jiangsu Expressway expanding

The Jiangsu Expressway is expected to lose 20% of its traffic this year due to a RMB 10.54 billion (US

D'Long chairman under house arrest

D'Long group chairman Tang Wanxin, recently returned after fleeing to Burma, was placed under house ar

Hu warns Taiwan on independence

The mainland has the means to crush Taiwan if it declares independence, Chinese President Hu Jintao to

Online games college

Radio China International reported that the Ministry of Information Industry and the Hong Kong Vocati

Vineyard may sell shares

Tianjin-based Dynasty Winery, which counts Remy Cointreau as a key investor, could soon become China's

Air China could be bundled in CNAC listing

China National Aviation Corp's plan for a separate Air China listing in Hong Kong may reportedly be sc

Protests over land seizures

Farmers gathered in their hundreds in Beijing demanding more compensation for what they said was illeg

Mobile growth actually slowed

China Mobile and China Unicom together added 4.61 million new subscribers last month, fewer than the a

FDI up in first seven months

China reported actual foreign direct investment (FDI) for the first seven months of 2004 rose by 15% t

Everbright Bank plans private placement

China Everbright Bank is planning a private placing to mainland and overseas companies later this year

Oil firms to report fat profits

China's largest oil companies are projected to release record-level profits for the first half of 2004

CNAC buys stake in Lufthansa's HK catering unit

Air China-linked H-Share China National Aviation Co Ltd (CNAC) said it agreed to acquire a 16% stake i

Disagreement on latest stealing tally

The Ministry of Commerce said 4,000 corrupt officials fled China in the last 20 years, absconding with

Alcatel nets DSL supply contract

China Telecom signed Alcatel Shanghai to deliver 1.3 Million digital subscriber lines (DSL) in 15 prov

Pages

Subscribe to RSS - Brief