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.

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.

Zhejiang county targets the Indonesian market

2013-04-01 16:40:14

Wenqiao county in Zhejiang province, a long-standing manufacturing hub for measuring and cutting tools, has chosen Indonesia as its next destination.

$32m cultural relic to be demolished

2013-04-01 11:31:51

The Epang Palace scenic spot, which cost more than 200 million yuan ($32 million) and open for just 13 years, will be demolished.

Food for thought in the retail business

2013-04-01 02:41:41

Following the application of the economic brake, the Chinese retail industry stumbled through the year.

Vera Wang cancels fitting fees following criticism

2013-03-28 14:41:16

Vera Wang called off the fitting fee policy at her Shanghai flagship store on Wednesday, less than two months after it was established at the newly opened store.

Beijing aviation expo expects latest aircrafts

2013-03-27 18:42:54

The Fifteenth Aviation Expo China is set to start on Sept 25 at the China National Convention Center in Beijing.

Profits hit as shipbuilders enter choppy waters

2013-03-27 16:49:40

Profits of two of China's major shipbuilders plunged last year amid an industry downturn.

Guangdong's exports to Africa rise to $2.3b

2013-03-27 15:33:55

Exports from Guangdong province to Africa rose 23.1 percent year-on-year to $2.3 billion and imports from the continent to Guangdong doubled to $5.17 billion in the first two months of the year.

Wumart opened 51 own stores in 2012

2013-03-27 15:31:43

Wumart Stores Inc, the country's leading retail chain store operator by profits, opened 51 directly owned stores in 2012, according to its annual financial results.

Chinese lenders' growth of total assets fell in Feb

2013-03-27 15:29:12

Newly released official figures showed that the growth of total assets among Chinese lenders continued to fall in February, while banks reported the weakest increase in profits.