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China Mobile announces formation of Internet subsidiary
China Mobile (CHL.NYSE; 00941.HK) announced the establishment of its new Internet subsidiary on Monday.
RMB277 mln subsidy earmarked for general aviation firms in 2016
China has allocated a total of 277 million yuan in subsidy for 102 general aviation enterprises in 2016.
Sinopec Group signs MoU with PetroKazakhstan
Sinopec Group Monday inked a memorandum of understanding with PetroKazakhstan Inc., said a release by Sinopec Group.
CNPC inks strategic cooperation deal with Mubadala Petroleum
CNPC Monday signed a non-binding strategic cooperation agreement with Mubadala Petroleum of the United Arab Emirates.
Jidong Equipment Engineering: controlling shareholder adds 1.48mln shares
Jidong Development Group Co. had bought 1.4844 million shares in the company via the secondary market from December 7 to December 11.
China Mobile to boost 4G users to over 500 mln by end-2016, report
China Mobile plans to boost users of its fourth-generation(4G) mobile telecommunications network to over 500 million by the end of 2016.
China Telecom launches new 4G business packages
China Telecom launched three new 4G business packages recently, which all waived the charges on long-distance calls and roaming calls.
China Grand Auto plans to buy 75pct stake in Baoxin Auto
China Grand Auto announced a plan to buy up to 75 percent equities of HK-listed auto dealer Baoxin Auto Group for no more than 9.5 billion yuan.
Minsheng Bank to issue preferred stocks to raise RMB20 bln
China Minsheng Banking Corporation Limited plans to issue a maximum of 200 million preferred stocks via private placement.
SAIC: private placement proposal passed by general meeting of shareholders
SAIC Motor Corporation Limited (600104.SH) announced last Friday that its general meeting of shareholders passed the private placement proposal.
GEM : capacity to be further released in 2016
GEM Co., Ltd.will see its capacity further released in 2016.
China approves shipping giants' restructuring
China's cabinet has approved the restructuring of the country's two biggest shipping conglomerates.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails