Outsourcing companies merge

2012-11-13 14:19:29

Two Chinese outsourcing companies listed in the United States announced they were joining forces.

COMAC to secure 50 orders at aviation exhibition

2012-11-13 14:00:05

Fifty orders of China's first home-grown large passenger aircraft C919 are expected to be signed.

Airbus delivers more planes to China

2012-11-13 13:45:22

The number of new aircraft Airbus delivers to Chinese airlines is expected to top 120 this year, sources with Airbus China said.

Shanghai developer schedules HK IPO

2012-11-13 10:44:42

CIFI Holdings (Group) Co Ltd, a Shanghai-based home builder that is preparing to go public in Hong Kong, targets fundamental demand in tier-1 and tier-2 mainland cities.

PICC to test water for $3b HK IPO

2012-11-13 10:40:48

People's Insurance Company (Group) of China plans to start meeting investors on Nov 15 to gauge demand for an initial public offering that may raise more than $3 billion in Hong Kong.

Beingmate sells baby appliance business

2012-11-12 17:21:18

Zhejiang-based infant food provider Beingmate Group Co Ltd said it plans to sell its infant and baby appliances’ business in a bid to boost its focus on baby food division.

ICBC OK to buy stake in Argentina bank

2012-11-12 16:42:15

The Industrial and Commercial Bank of China Ltd was given the go-ahead by Argentina's central bank to conduct its biggest takeover in nearly four years in the South American country.

Listed companies disclose 2012 forecasts

2012-11-12 16:19:05

A total of 928 companies listed in the Shanghai and Shenzhen stock exchanges had disclosed their 2012 performance forecasts by Sunday, with 49 percent expecting increases in net profit.

Alibaba pockets $3b on "Singles' Day"

2012-11-12 14:47:17

China's e-commerce giant Alibaba pocketed 19.1 billion yuan ($3.04 billion) during its "Singles' Day" shopping promotion on November 11, it announced on Monday.

Moutai launches new marketing channel

2012-11-12 14:05:27

Kweichow Moutai Group, China's leading high-end liquor maker, has started promoting sales via prepaid cards.

COSCO, China Cargo sell stakes in Shanghai Eastern Logistics

2012-11-12 13:52:10

China Ocean Shipping (Group) Co and China Cargo Airlines Ltd plan to sell a combined 30.7 percent of stock rights in Shanghai Eastern Logistics Co Ltd.

UK probes HSBC Jersey accounts

2012-11-12 11:14:56

UK authorities are investigating a list of more than 4,000 British residents who have bank accounts with HSBC Holdings Plc, the country's largest lender.