Poly (HK) sets higher 2011 home sales target
2010-12-30 14:31:29
Poly (Hong Kong) Investments Ltd has set a higher sales target for next year as the mid-sized Chinese developer focuses on second- and third-tier cities, which are less vulnerable to government tightening measures, Reuters reported Thursday.
Bright Food to buy stakes of liquor maker for $7m
2010-12-30 13:06:22
Sichuan Swellfun Co said it has agreed to sell a 40 percent stake in the company that produces Quanxing Daqu liquor to Bright Food Group Co for 47.2 million yuan ($7 million).
Guangdong Nuclear plans to construct two reactors in Lufeng
2010-12-30 11:15:01
China Guangdong Nuclear Power Group Co, the nation's second-biggest atomic-plant builder, is planning two reactors in Lufeng city to help meet rising demand in Guangdong province, Bloomberg News reported Thursday.
China's shipping company taps into Turkish market
2010-12-30 10:56:30
China Ocean Shipping (Group) Company (COSCO), China's largest shipping group, has been strengthening its foothold in Turkey since entering the market in 1996.
PetroChina's new refinery plans 80% operation next yr
2010-12-29 16:53:05
PetroChina Co Ltd plans to operate its newly started 200,000-barrel-per-day Qinzhou refinery in southern China at an average of 80 percent capacity next year, Reuters reported Wednesday, citing an anonymous source at the company.
BYD to miss 2010 sales target
2010-12-29 13:31:41
BYD Co, the Chinese automaker backed by Warren Buffett, will likely miss its 600,000 unit target for auto sales in 2010, Bloomberg News reported Wednesday, citing the company's spokesman.
ChemChina buys control of Israeli agri-chemicals maker
2010-12-29 10:36:17
China National Chemical Corp offered to buy a controlling stake in Makhteshim-Agan Industries Ltd, the largest maker of generic agricultural chemicals, in a deal valuing the Israeli company at $2.4 billion, the Bloomberg News reported Wednesday.
CNPC's pipeline network links up with Russian crude oil line
2010-12-29 09:03:56
China National Petroleum Corp's (CNPC) northeastern pipeline network has linked up with a Russian oil line, Bloomberg News reported Wednesday, citing the company's newsletter.
Gold miner apologizes for fatal dam breach
2010-12-28 15:33:51
China's largest gold miner Zijin Mining has expressed "deep sorrow and regret" and decided to donate 50 million yuan ($7.5 million) regarding the casualties and loss of property following a dam overflow in September when a typhoon hit southern Guangdong province.
Agria and New Hope look to pastures new
2010-12-25 11:00:20
PGG Wrightson Ltd shares rose the most in 14 months after a Chinese company bid to take partial control of New Zealand's largest agricultural services company.
Yinfu Gold to sell shares in Hong Kong
2010-12-25 10:47:18
Yinfu Gold Corp, a Chinese gold exploration and mining company, plans to sell shares in Hong Kong to fund acquisitions and investments on the Chinese mainland and in Southeast Asia.
Wuxi Weifu plans more expansion
2010-12-25 10:04:18
Wuxi Weifu High-Technology Group Co Ltd, China's leading provider of diesel-injection systems with a 50 percent market share, plans an aggressive expansion through financing from a private placement of new shares to its two major shareholders.