- News AM August 4
SMEs' H1 Electricity Use Down 50%; COSCO Shipping H1 Net Profit Down 90%; Bribes Involved in Chemical Leak; ICBC Asia Raises Stake in Taiping Insurance
- CNPC Pumping up Middle East Ambitions
Analysts warn that Chinese oil companies eyeing deals in the oil-rich Middle East must carefully consider security risks as well as regional politics.
- News PM August 3
China Shipping Container Lines Sees H1 Loss; China H1 Wind Power Capacity Up 101%; Private Equity Fund Rules Due by Year-End
- SDB Denies Plans for Interim Dividend
Shenzhen Development Bank said it was false that the bank would pay an interim dividend. The rumor pushed up the shares of the Shenzhen-based lender by 10 percent on July 30.
- News AM August 3
Gome Founder Huang Buys 816 Mln Shares; No Full-Year Loan Target at ABC; CIC May Hire Morgan Stanley, Blackstone; Another 319 Detained over Xinjiang Riot
- News PM July 31
CISA Reiterates Tough Line on Iron Ore Contract Talks; Everbright to Raise Stake in JV; Charities Receive Influx of Private Donations
- Sichuan Expressway Transfers 50 Mln State Shares to SSF
Sichuan Expressway is the first listed company to comply with a new policy that took effect June 19, under which all state-owned companies that listed after China's reforms of state shareholdings in 2005 must transfer shares worth 10 percent of their IPO to the state pension fund.
- Brace for Possible Asset Bubble Implosions
If asset bubbles continue to build up under China's loose monetary policy, it would be wise to allow private enterprises to enter state-monopolized sectors.