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Shenzhen Development Bank profit up 88%
Shenzhen Development Bank (SDB) on Thursday said its 2007 net profit soared 88 percent from a year earlier on greater loan earnings and fee income.
Posted on 22 Mar 2008
Hong Kong, Macau and Guangdong in deal to build bridge
Hong Kong, Macau and the southern Chinese province of Guangdong have reached agreement on the partial funding of a bridge linking the three, a project that will cost a total 42.2 billion yuan (2.9 billion pounds), media reported.
Posted on 16 Mar 2008
Shenzhen planning exchange for start-up companies
Shenzhen is ready to start a Nasdaq-style second exchange for start-up shares as soon as the Chinese government gives it the go-ahead, the mayor of the southern Chinese city said Sunday.
Posted on 16 Mar 2008
Guangdong plans large joint-stock oil refinery
A joint-stock oil refinery involving a total investment of $5 billion will be built in the southern Chinese province of Guangdong, a local official said in Beijing on Monday.
Posted on 14 Mar 2008
Last call for Guangdong shoemakers
HONG KONG - Guangdong's thousands of shoemakers, many of whom saw the start of the province's transformation into China's engine of modernization, are packing their lasts and moving elsewhere as the Pearl Delta Region undergoes another economic metamorphosis.
Posted on 09 Feb 2008
Shenzhen to launch market for start-ups Nasdaq-style bourse to debut in first half
The mainland plans to launch the long-awaited Nasdaq-style market in the first half, a move to widen access to capital at a time of monetary tightening, according to China Securities Regulatory Commission chairman Shang Fulin.
Posted on 22 Jan 2008
China National Petroleum unit, Xinao Gas in gas tieup in Dongguan, Guangdong
BEIJING (XFN-ASIA) - China Huayou Group, a unit of China National Petroleum Corp(CNPC), has signed a framework agreement with Xinao Gas Holdings Ltd on gas projects in Dongguan city, in southern China's Guangdong province, CNPC said in a statement.
Posted on 21 Jan 2008
HK-listed Guangdong Investment unit, partners to build 600 MW generation units
HONG KONG (XFN-ASIA) - Guangdong Investment Ltd said its 51 pct-owned unit, Guangdong Power (Intl) Ltd (GPIL), has agreed with its partners to build two 600-megawatt power generation units for a total cost of 4.7 bln yuan in Shaoguan in the southern province of Guangdong.
Posted on 20 Jan 2008
China's Shenzhen Intl Trust considering IPO in 2009 - report
BEIJING (XFN-ASIA) - Shenzhen International Trust & Investment Co Ltd (SZITIC) is disposing of non-financial assets, paving the way for a possible initial public offering in 2009, the official China Securities Journal reported, citing a source close to the matter.
Posted on 20 Jan 2008
CNOOC venture to build second LNG terminal in Guangdong
China National Offshore Oil Corp, the nation's third-biggest oil producer, and a partner have set up a venture to build a 10 billion yuan (HK$10.75 billion) liquefied natural gas receiving terminal in southern China.
Posted on 18 Jan 2008

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