Wenwen Meng

91-120 (out of 556)

China PV firm sets IPO price at 50 times earnings

Chinese photovoltaic equipment maker Beijing Jingyuntong Technology has set an initial public offering price at 50 times its historic earnings, boosted by demand from the country's push for solar energy.

China eyes 3 GW rooftop solar capacity by 2015

China is targeting 3 gigawatts (GW) of roof-mounted solar power generating capacity by 2015 and 25 GW by 2020, the China Securities Journal reported on Monday, citing a government renewable energy development plan that is likely to be unveiled soon.

Air China gets green light on fuel hedging

Air China , the country's flag carrier, said on Monday that it had won regulatory approval to engage in fuel hedging, adding it will enter contracts when oil price volatility decreases.

China keeps world guessing on yuan plan

Figuring out what the People's Bank of China is doing can be as perplexing as parsing a statement from Alan Greenspan, the notoriously opaque former U.S. Federal Reserve chairman.

Storm heads for China after shutting down south Taiwan

Tropical storm Nanmadol headed for China on Monday, losing strength after drenching southern and eastern Taiwan, forcing evacuations, shutting businesses and disrupting transport, but causing no major damage or casualties.

China moves Tibet hardliner to heavily Catholic province

The hardline Chinese official removed last week as Communist Party chief of restive Tibet has been made head of the province in the center of contention over China's Catholics, giving him an influential role in another sensitive religious issue.

Bank of America may sell CCB shares by next week

The Bank of America (BAC.N) is completing plans to sell over half of its shares in the China Construction Bank (0939.HK), with a group of Asian and Middle Eastern sovereign wealth funds negotiating to buy, the New York Times reported on Saturday.

Fat camp shows China battling the bulge

On the grounds of the Bodyworks weight loss campus in Beijing, 30 tubby men and women sweat profusely, gasping for air as they pound the treadmills in an exercise room.

China denounces U.S. report, defends military upgrade

China denounced on Friday a Pentagon report that warned its military modernization could destabilize the region, saying the U.S. military's annual assessment of Beijing's armed forces indulged in exaggeration and groundless suspicion.

China's Shaanxi Coal plans $2.7 bln IPO

Shaanxi Coal Industry plans an initial public offering in Shanghai to raise as much as 17.3 billion yuan ($2.7 billion) in what could be mainland China's biggest IPO this year.

Joint U.S.-China operation busts child porn ring

A joint U.S.-China police operation has cracked a Chinese-language child pornography ring in New York, Chinese police said, an unusual public example of cooperation between the countries' law enforcement agencies.

China says ConocoPhillips to pay for Bohai oil spill

An oil spill by a subsidiary of ConocoPhillips has polluted 5,500 square kilometres of water in China's northern Bohai Bay, China's marine authorities and state media said on Friday, adding the company will have to pay for the spill.

China plans to mop up bank liquidity

China has ordered banks to include their margin deposits in required reserves at the central bank to mop up excessive liquidity, banking sources said on Friday, the latest move in Beijing's campaign to rein in worrisome inflation.

VW group to sell more than 2 mln cars in China in 2011

Volkswagen AG (VOWG_p.DE) plans to sell more than 2 million vehicles this year in China, its single biggest market, it said on Friday after celebrating the 20th anniversary of the founding of a joint venture with China's First Automotive Works (FAW).

China invests $199 billion for urban rail through 2015

China will invest about 1.27 trillion yuan ($199 billion) to build subways and light rail lines during the current five-year plan ending in 2015 to ease traffic congestion and spur urban development, the official China Securities Journal reported on Friday.

Lion to launch China's first oil & gas QDII fund

China's Lion Fund Management Co will launch next week the country's first mutual fund that invests in overseas oil and gas-related assets, as Chinese money managers step up innovation to woo investors haunted by inflation concerns.

China to publish new yuan investment rules soon

China will publish rules as early as next month to allow offshore yuan to be invested in the mainland's capital markets under a new scheme, the Shanghai Securities News reported on Friday, citing people close to the securities regulator.

Guinea, China in talks over bauxite mine, refinery

Guinea is in advanced talks with state-owned China Power Investment to develop a bauxite mine and build an alumina refinery, deep water port and a power plant in the West African state, Guinean government sources said.

Energy hunger lifts China Shenhua H1 profit

China Shenhua Energy Co Ltd , the country's largest coal producer, posted a 16.5 percent increase in first-half profit, buoyed by rising sales volume on the back of rising energy demand in the world's second-largest economy.