Profits surge expected for Huaneng Power2013-01-29
Huaneng Power International Inc, the publicly trade d unit of China's largest electricity producer, expects a surge of more than 340 percent in annual net profits in 2012 from the 1.27 billion yuan ($202.2 million) in 2011.
Li Ning shares dive 14% on fund-raising plan2013-01-26
Li Ning warns of loss over plan to buy inventory Li Ning shares fall amid$175m stake reshuffle Olympic gymnast Li Ning sells 25% stake for$175m Li Ning closes only Hong Kong store Li Ning lets CEO go as prospects appear dim.
Goldman Sachs seeks to sell $1b ICBC stake2013-01-29
Gold man Sachs Group Inc is seeking to sell a$1 billion stake in Industrial&Commercial Bank of China Ltd after the share prices of the world's biggest lender by market value rebounded almost 50 percent from last year's low.
Huayi Brothers reports record growth in 20122013-01-25
Huayi Brothers Media Group, one of China's leading film production companies, has forecasted annual net profits for 2012 of between 243.47 million yuan($39.15 million)and 273.91 million yuan, a rise of 20-35 percent year-on-year.
Moutai's 2012 net profit lower than expected2013-01-25
Kweichow Moutai Co Ltd, China's high-end liquor producer, has reported net profit for the 2012 fiscal year increased by around 50 percent year-on-year, lower than expectations.
China issuers dominate in sales of dollar debt2013-01-25
Cosco Pacific Ltd, Future Land Development Holdings Ltd and Mingfa Group International Co are marketing dollar-denominated debt as Chinese firms dominate regional issuance in the US currency.
Li Ning halts share trade2013-01-25
Chinese sportswear maker Li Ning Co suspended trading of its Hong Kong-listed shares yesterday pending an announcement regarding the company, according to a filing to the Hong Kong Stock Exchange.
Sinopec posts slowing growth in 20122013-01-24
China Petroleum&Chemical Corp, Asia's largest refiner, processed 1.81 percent more crude oil last year, slowing from the 3 percent growth in.