CAO starts operation of storage investment in S Korea
2013-04-02 10:09:34
China Aviation Oil (Singapore) Corporation Ltd said its new oil storage terminal facility in Yeosu of South Korea has started commercial operations.
Chinese liquor maker's net profit jumps 61%
2013-04-02 10:02:58
Wuliangye Yibin Co Ltd, one of China's top liquor brands, announced Monday that its 2012 net profit surged 61.35 percent year-on-year to 9.94 billion yuan ($1.6 billion).
CEB Bank net profit up 30.61%
2013-04-02 09:45:52
China Everbright Bank Co Ltd announced on Monday that its 2012 net profit rose 30.61 percent to 23.62 billion yuan due to improved net interest margin and higher intermediary income.
Companies pull out before strict IPO audit deadline
2013-04-01 17:12:11
A record number of Chinese companies lining up for initial public offerings terminated their applications in the latest round of IPO investigations.
GD Midea Holding hits limit after trading resumes
2013-04-01 17:06:35
Electrical appliance manufacturer GD Midea Holding reached its trading limit immediately after it resumed trading on Monday.
Apple CEO apologizes over China warranties
2013-04-02 10:33:42
Apple Inc CEO Tim Cook bowed to pressure from Chinese consumers, saying the company is sorry for any "concern or misunderstanding" in the country.
Largest rare earth producer sees sharp profit drop
2013-04-01 17:05:29
Baotou Steel Rare-Earth (Group) Hi-Tech announced in its financial results that it saw a sharp drop in its net profit and revenue in 2012 due to withering demand and a slowing economy.
Baosteel leads steel industry with 41% profit surge
2013-04-01 17:04:59
Baoshan Iron and Steel Co Ltd, known as Baosteel, has shown its resilience amid the economic slowdown after posting a 10.39 billion yuan net profit in the 2012 fiscal year.
Companies report bad debts due to Suntech bankruptcy
2013-04-01 16:06:43
Five listed companies in China have reported bad debts amounting to 426 million yuan ($68.7 million) due to the bankruptcy of Suntech Power Holdings Co Ltd.
CP Lotus to open more stores in Beijing in 2013
2013-04-01 15:54:34
Hong Kong-listed chain store operator CP Lotus Corp opened a new store in Beijing's Wangjing area on March 31 and said it will open more stores in the capital in 2013.
Agricultural sector suffers losses
2013-04-01 15:53:51
Listed agricultural companies have reported declining profits and a rise in receivables, as a total of 26 listed agricultural companies had released their annual reports for 2012.
Chinese consumers demand Apple's apology
2013-03-31 07:27:16
The China Consumer's Association has asked Apple Inc. to "sincerely apologize to Chinese consumers" and "thoroughly correct its problems," after the US firm took little action to address waves of criticism. 