AVIC Heavy Machinery Co (SHA: 6000765) has planned to spend ¥6.5 billion ($1 = ¥6.7) building a 627,000m2 aviation industrial park in Shaanxi provincial capital Xi'an.
GD Power Development Co (SHA: 600795) is planning to buy out Qinghai Wanli Hydropower Co for ¥341 million.
Western Mining Co (SHA: 601168), which focuses on zinc, lead, copper and aluminum, has paid ¥2.2 billion for an 80% stake in Sichuan Huidong Lead & Zinc Co which holds approximately 11.6 million tons of reserves.
GF Securities Co (SHE: 000776) has said it had decided to sell a 60% stake in its Huafu Securities for ¥2.5 billion. GF purchased the stake for ¥332 million in 2003.
Evergrande Real Estate Group posted ¥41.2 billion in revenue for the 10 months through October 2010. Its annual target is ¥40 billion.
Geely Automobile Holdings (HKG: 0175) signed a deal with Volvo for cooperation in research and development. Geely's parent acquired Volvo earlier this year.
China Construction Bank Corp (SHA: 601939, HKG: 0939), the nation's largest mortgage lender, said it would step up extending loans to the western part of the country in the next 5 years. Growth of loans to the region will be 3 to 5 percentage points faster than national average.
Shenzhen Airport Co (SHE: 000089) handled over 2.3 million passengers and 69,700 tons of cargo in October 2010, up 5.9% and 33.9% year on year. For the 10 months through October, the figures were 22.3 million and 661,500 tons respectively, up 10.8% and 35.5% year on year.