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China s ZTE says contract sales rose by half in 2003

Chinese vendor reported sales of US$3.04bn. Telecommunications gear maker ZTE Corp, China s second-largest networking company, posted a rise in contracted sales of 49.96 percent to 25.193 billion yuan ($3.04 billion) in 2003, the firm said on Thursday. Of that, overseas contracts ...

E-business Role in China

With Chinese network stocks being weak on the NASDAQ market, the newly-born network industry in China is becoming stagnant. Just like the expansion of the network, the decline of Chinese network economy has become the focus of media attention. It is reported from Proquest (www...

ZTE in 2.37b yuan deal with China Mobile parent for 3G trial

ZTE Corp (0763), the mainland's second-largest maker of phone network equipment, has signed a 2.37 billion yuan (HK$2.42 billion) contract with the parent of China Mobile (0941) to construct a trial mobile network based on the homegrown TD-SCDMA standard. Ninety percent of the ...

ZTE Unveils New Unified Open Environment Platform

ZTE, one of the largest telecommunications manufacturers in China has unveiled the Unified Open Environment (UOE) platform to support telecom operators in developing and offering new mobile services to keep up with competitors in the market. The new UOE platform enables telecom ...

ZTE to invest CNY316.5m in two venture capital funds

By Aaron Back, Dow Jones Newswires Monday 27 September 2010 70% of one of vendor's funds to make investments in technology, media, and telecoms. Chinese telecommunications equipment maker ZTE Corp. said Monday it will invest a total of CNY316.5 million ($47.2 million) in two new ...

ZTE says 2010 net profit up 32 pct on better sales

ZTE 2010 net profit 3.25 bln yuan vs 3.1 bln yuan f'cast * After extraordinary items, net profit down to 2.8 bln yuan (Adds details, background, analyst quote) HONG KONG Jan 27 (Reuters) - ZTE Corp (0763.HK)(000063.SZ), China's No. 2 telecoms equipment maker, reported a better...

Strong earnings growth Record net profit and total assets

Ping An Insurance (Group) Company of China, Ltd. 2006 Interim Results Announcement Strong earnings growth Record net profit and total assets Results Highlights (Figures compared to first half 2005, unless otherwise stated) l Operating profit up 76.5% to RMB4,718 million (RMB2,673 ...

Ping An Insurance Becomes Constituent Stock of Hang Seng Index

May 11, 2007 As announced by the Hong Kong Hang Seng Index Services Company this afternoon, Ping An Insurance (Group) Company of China, Ltd. ( Ping An or the Group , HKEx: 2318; SSE: 601318) will become a constituent stock of the Hang Seng Index (HSI) effective June 4, 2007. Ping ...

Ping An Securities Introduces Its Research Institute and Award Winning Analysts

Hong Kong 31 July 2007 ----- Ping An Securities Company Ltd. (Ping An Securities), a subsidiary of Ping An Insurance (Group) Co. of China (Stock code: HKEx 2318; SSE 601318) today introduced the Research Institute of Ping An Securities Company Ltd. (PASC Research Institute), and ...

Ping An Announces Results for the First Nine Months of 2009

Ping An Announces Results for the First Nine Months of 2009 Sustained Growth Momentum Across Core Businesses Shanghai, Hong Kong, October 27,2009 Ping An Insurance (Group) Company of China, Ltd. ( Ping An or the Group , HKEX: 2318; SSE: 601318) today announced its unaudited ...

Ping An Announces 2009 Annual Results-Net Profit up 786%, Synergies from Integrated Financial Model Increasingly Visible

Hong Kong, Shanghai, April 16, 2010 - Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or "the Group", HKEX: 2318 SSE 601318) announced its 2009 annual results today. In 2009, though suffering from the impact of the global financial crisis and facing complexities at ...

Ping An Announces 2010 Interim Results

Insurance, Banking and Investment Businesses See Strong and Balanced Growth Reports Net Profit of RMB9,866 Million; Achieves Breakthrough in SDB Investment Hong Kong, Shanghai, August 24, 2010 - Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", "the Company" ...

Baosteel Co., Ltd. Held General Meeting of Shareholders 2006

On the morning of April 26th, the General Meeting of Shareholders 2006 of Bao Shan Iron & Steel Co., Ltd. was held in Shen Zhen, Guangdong Province. A part of directors, supervisors and senior managerial staff attended the meeting. Shareholders and authorized representatives ...

Bank of China Brings Forward Five Measures to Intensify Internal Control

On November 30, BOC spokesmen Wang Zhaowen disclosed to the public that BOC had brought forward five mighty measures to intensify the internal control. He said, the improvement of internal control had been regarded as one of the fundamental tasks or basis for the healthy ...

New Actions for Wealth Management of Bank of China: Link Domestic Investment with Overseas Stocks

On January 11, spokesman of Bank of China (BOC) Wang Zhaowen briefed the press that following the products of overseas wealth management, wealth investment management and the uniform service in Asia Pacific areas of BOC Wealth Management launched in December 2005 by BOC, again, ...

Bank of China to Offer at Least 500 Billion Yuan of New Loans

March 6 (Bloomberg) -- Bank of China Ltd., the nation s third-largest by value, will offer at least 500 billion yuan ($73 billion) in new loans in 2009, boosting credit along with other banks after the government directed them to support the economy. Chinese Premier Wen Jiabao ...

Chairman Xiao Gang Accepted the Exclusive Interview of People's Daily

Recently, Xiao Gang, Chairman of Bank of China, accepted the exclusive interview of People's Daily.This exclusive report was published in People's Daily on February 28th. The full text is as follows: What's the economic trend for the next period? How to carry out prudent monetary ...

Xiao Gang: If it ain't broke, don't fix it

The merger of NYSE Euronext and Deutsche Boerse, a defining event of the accelerated financial globalization in 2011, creates the world's largest stock exchange. It starts a new round of competition in the exchange industry among the international financial centers. Hong Kong, as ...

Chinese Shares Slightly Up Amid Worries in Shrinking Corporate Profits

Chinese share prices closed 1.65 percent higher on Monday amid worries in shrinking corporate profits. The Shanghai Composite Index gained 1.65 percent to 1,986. The Shenzhen Component Index climbed 0.94 percent to 6,982. Combined turnover reduced to 120.45 billion yuan (17.2 ...

New York Gold Futures Rise As Stocks Plunge

The New York gold market behaved impressively on Tuesday. Gold futures for April delivery rose 21.40 U.S. dollars, or 2.4 percent, to 914.20 dollars an ounce on the New York Mercantile Exchange. The disappointment off the Treasury Secretary Timothy Geithner's presentation ...
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