Gome posts net loss of 687m yuan in first nine months

2012-11-20 17:03:45

Chinese home appliance retailer Gome Electrical Appliances Holding Ltd recorded a net loss of 687 million yuan ($110 million) for the first nine months of the year, compared with a net profit of 1.79 billion yuan in the same period last year, the company said on Monday.

Biotechnology organization sees IP rights essential

2012-11-20 16:56:41

"A patent often brings far greater value than one could ever imagine," said Dr Terence L.T. Lau, chief operating officer and general manager of Hong Kong Biotechnology Organization (HKBIO), which innovates the patented biotech product - H5 series of avian flu.

Shipper seeks to re-list in Hong Kong

2012-11-20 16:40:33

The world's largest producer of shipping containers will attend a public hearing in Hong Kong on Thursday on moving its listing to the H-share market.

UK seeks to boost Chinese visitors

2012-11-20 14:11:39

VisitBritain, a national tourism agency in the UK, is launching a tourism promotion project in Shanghai, a key part of its 125 million pound global "Great" campaign.

CBN 'to act as fourth telecom carrier'

2012-11-20 14:07:07

China Broadcasting Networks Co, the business to be set up by the State Administration of Radio Film and Television (SARFT), is likely to get the government's approval to run fixed line businesses, according to a report by Economic Information Daily.

Sinopec buys stake in Nigeria oilfield

2012-11-20 11:26:33

China Petrochemical Corp, known as Sinopec group, has reached an agreement to purchase a Nigerian oil field with France's Total ADR.

Troubled Sinovel Wind to put workers on leave

2012-11-20 11:24:15

Sinovel Wind Group Co, a wind power equipment maker, plans to put 350 workers on leave starting on Monday. The decision comes in response to a sales slump.

PetroChina to issue 20b yuan bonds Thursday

2012-11-20 10:58:13

PetroChina Co, China's biggest oil and gas producer, said on Tuesday that it will sell 20 billion yuan ($3.17 billion) worth of bonds on Thursday.

Sino Iron begins ore production

2012-11-20 10:30:51

CITIC Pacific Limited said the load commissioning of the first production line and the common facilities of its Sino Iron project in Western Australia had been achieved.

Gome posts 185m yuan Q3 net loss

2012-11-20 10:27:24

Gome Electrical Appliances Holdings Ltd, China's No 2 home appliance retail chain operator, swung to a loss in the third quarter from a profit a year earlier.

Shandong Weigao dips after poor profit

2012-11-20 10:15:32

Shandong Weigao Group Medical Polymer Co fell the most in four years in Hong Kong trading after reporting third-quarter earnings that missed analysts' estimates.

Tingyi sees profit growth as economy stabilizes

2012-11-20 10:14:57

Tingyi (Cayman Islands) Holding Corp, the largest instant noodle producer in China, returned to profit growth in the third quarter, as demand for consumer staples climbed.