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Pacific Securities expects a loss of 1.4 billion yuan in 2018

Pacific Securities expects a loss of 1.4 billion yuan in 2018

2019-01-29 11:24

Pacific Securities (601099.SH) is expected to see a net profit loss of 1.2-1.4 billion yuan in 2018 full-year results.

Chinese automaker to export electric pickups to U.S. in 2019

Chinese automaker to export electric pickups to U.S. in 2019

2019-01-29 09:24

China's EV start-up Kaiyun Motors plans to export electric pickups to the U.S. market this year, local media reported on Monday.

Chinas Masterwork Group to become largest shareholder of Heidelberg

China's Masterwork Group to become largest shareholder of Heidelberg

2019-01-28 17:01

China's Masterwork Group intends to obtain an 8.46 percent stake of Heidelberger Druckmaschinen AG (Heidelberg) by way of cash subscription.

Another EV giant enters battery business

Another EV giant enters battery business

2019-01-28 16:38

The Wolfsburg-based company said it would invest 870 million euros (about $985 million) by 2020 to develop e-vehicle components.

Didi, BAIC set up new energy JV

Didi, BAIC set up new energy JV

2019-01-28 15:26

Chinese one-stop transportation platform Didi Chuxing has teamed up with new energy (NE) car maker BAIC to form a joint venture.

Chinese envoy says "no worries" over Siemens-Alstom merger

Chinese envoy says "no worries" over Siemens-Alstom merger

2019-01-28 13:49

The Chinese envoy to the European Union (EU) has said he has no worries over Siemens-Alstom merger.

Brazilian officials freeze another 1.325 bln USD in Vale assets

Brazilian officials freeze another 1.325 bln USD in Vale assets

2019-01-28 13:37

Brazilian judicial officials froze another 5bln reals ($1.325bln)in bank accounts belonging to Vale in the wake of Friday's tailings dam collapse.

China Everbright Group total assets rise in 2018

China Everbright Group total assets rise in 2018

2019-01-28 10:49

Total assets of China Everbright Group rose to 4.8 trillion yuan (around 710 billion U.S. dollars) at the end of last year.

CNOOC plans higher net production in 2019

CNOOC plans higher net production in 2019

2019-01-28 10:47

CNOOC expects its net production for 2019 is 480 million to 490 million barrels of oil equivalent (BOE).

China likely to set up national oil and gas pipeline network company in H1

China likely to set up national oil and gas pipeline network company in H1

2019-01-28 10:42

The large state-owned oil and gas giants including CNPC, Sinopec and CNOOC will spin off their pipeline assets into the new pipeline network company.

Chinese shares open higher Monday

Chinese shares open higher Monday

2019-01-28 09:59

Chinese stocks opened higher Monday, with the benchmark Shanghai Composite Index up 0.54 percent to open at 2,615.71 points.

Major steel producer forecasts drastic profit growth

Major steel producer forecasts drastic profit growth

2019-01-28 08:47

Inner Mongolia Baotou Steel Union Co., a major steel producer, forecast that its net profits will jump 45.46 percent year on year in 2018.

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