SMG, Raine join hands to build entertainment group
2013-01-25 14:40:18
Shanghai Media Group has lined up a powerful financial partner to support its bid to build an international entertainment empire.
Alibaba plans logistics network
2013-01-25 11:23:08
Alibaba Group Holding Ltd, China's largest e-commerce company, plans to join hands with partners to build a logistics network across China that can support 10 trillion yuan ($1.6 trillion) worth of transactions a year within the next decade.
Kweichow Moutai forecasts profit increase
2013-01-25 11:10:07
Kweichow Moutai, China's leading liquor maker, said Friday that its net profits are expected to rise by 50 percent year on year in 2012.
Foxconn shifts from contractor to branded televisions
2013-01-25 10:42:02
CyberMart, the retail business unit of Taipei-based Hon Hai Precision Industry Co Ltd, the parent company of the electronics maker Foxconn Technology Group, began offering its branded television sets on the mainland on Thursday.
Blackstone buys sizeable land parcel
2013-01-25 10:28:09
Blackstone Group LP has made another major investment in commercial real estate in China, this time a sizeable parcel of land in Nantong, Jiangsu province.
Alstom China to provide generators to Vietnam
2013-01-25 10:25:58
Alstom China and its partner Huangdong Engineering Corporation will provide generators to a Vietnamese hydropower station in a deal worth 20 million euros.
Apple's sales in China jump 67% last quarter
2013-01-25 10:05:46
Apple Inc's sales in China surged 67 percent year-on-year during the quarter ending Dec 29, but analysts warned more intensified competition in the smartphone market.
SDIC's 2012 profits up 18%
2013-01-24 15:52:51
State Development and Investment Corp reported that its profits jumped 18 percent year on year to 11.2 billion yuan ($1.78 billion) in 2012.
Coach had 40% sales growth in China
2013-01-24 15:52:12
Coach Inc, the United States-based fashion brand, achieved very strong results in China for its second fiscal quarter ended Dec 29 with total sales growing 40 percent year-on-year.
Glencore set to win China approval for Xstrata bid
2013-01-24 14:07:23
Glencore International Plc is expected to win approval from the Ministry of Commerce for its $36 billion takeover of coal producer Xstrata Plc.
Minmetals Development reports losses in 2012 net profit
2013-01-24 13:50:58
Minmetals Development said it did not overcome headwinds brought by shrinking demand, forecasting net profit losses in 2012.
Sinopec's 2012 oil, gas output slightly up
2013-01-24 11:07:03
Sinopec Corp, China's largest oil refiner, saw its oil and gas output rise 4.83 percent year on year in 2012 to 427.62 million barrels of oil equivalent.