Baotou Steel's rare earths profit to drop 50%

2013-01-30 15:27:22

Baotou Steel Rare-Earths (Group) Hi-Tech Co's net profit in 2012 is expected to decline about 50 to 60 percent.

Indian airline to launch Guangzhou-New Denlhi flight

2013-01-30 15:26:24

SpiceJet, an Indian low-cost airline, said on Tuesday it will launch flights between Guangzhou, capital of Guangdong province, and New Delhi, on Feb 9.

Nokia plans to focus on China

2013-01-30 10:44:32

Nokia Oyj plans to invest $250 million in a fund that will invest in mobile communications companies worldwide, with an increased focus on China.

Chinese firms need to be seen as more 'trustworthy'

2013-01-30 09:47:01

An international survey has found that Chinese companies are less trusted than companies headquartered in other nations.

Air China launches Beijing-Geneva nonstop service

2013-01-30 09:43:22

Air China has announced it will offer nonstop flights between Beijing and Geneva four times a week from May 7 this year.

DHgate enters Vietnam's B2B market

2013-01-30 09:38:32

DHgate.com, the business-to-business e-commerce website, has linked up with a Vietnamese partner to help local companies from there export overseas.

Gome issues profit warning, forecasting 2012 net loss

2013-01-29 17:37:49

Hong Kong-traded Gome Electrical Appliances Holding Ltd, China's leading electronics chain retailer by revenue, issued a profit warning on Monday.

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.