HNA Group buys 48% stake in French airline
2012-10-24 09:16:30
HNA Group completed its acquisition of a 48 percent stake in Aigle Azur, a Paris-based private airline, as HNA expands its international flight network.
ICBC extends 90b yuan in loans to cultural industry
2012-10-23 16:43:58
The Industrial and Commercial Bank of China has increased financial support for the cultural industry, latest data indicated.
Gome Jan-Sept loss may hit $96m to $112m
2012-10-23 16:32:00
GOME Electrical Appliances Holding Limited warned on Monday it expected to post a net loss of between 600 million yuan ($96 million) and 700 million yuan for the first nine months of 2012.
HP aims to lead China's ultrabook market
2012-10-23 15:12:37
Hewlett-Packard Corp said on Monday that it wants to be the largest ultrabook maker in the Chinese market.
Sany Heavy export sales strong, domestic flat
2012-10-23 14:56:21
Chinese excavator maker Sany Heavy Industry Co Ltd's export sales surged 50 percent between January and September versus a year ago, while domestic sales were flat in the same period.
Dongfeng, Getrag to form transmission JV
2012-10-23 10:36:04
Dongfeng Motor Group on Monday signed an agreement with Germany's Getrag Group to form a joint venture to develop advanced dual-clutch transmissions.
Garment maker eyes economic zone in Cambodia
2012-10-23 10:21:05
The private company HOdo Group Co Ltd, a textile and garment company in Wuxi, Jiangsu province, is looking to expand its presence in Sihanoukville, a province in southern Cambodia.
Lloyd's sets up Shanghai hub
2012-10-23 09:46:58
Lloyd's of London has set up a hub in Shanghai, where some of its private syndicates working in small booths can figure out specialty insurance services.
China Mobile Q3 net beats estimates
2012-10-23 09:44:00
China Mobile Ltd posted a 1.3 percent gain in third-quarter net profit, beating estimates slightly after luring new users with cheap handsets and cutting phone call rates.
Switzerland's ABB to boost China presence
2012-10-23 09:36:58
The cooling economic expansion and rising labor costs in China have driven a number of foreign manufacturers out of the country, but Swiss engineering group ABB Ltd said it will stay and plans to attract more Chinese talent.
Bosideng seeks to boost overseas presence
2012-10-22 16:57:53
China's largest down-clothing brand is increasing its international presence, and if its flagship store in the UK is a success plans to open in other European countries.
Baotou Steel Rare Earth net profit falls 90% in Q3
2012-10-22 16:12:56
China's largest rare earths producer achieved a net profit of 120 million yuan ($19 million) in the third quarter.