Tianjin Good Hand Railway Holding (TGHRH) (000594.SZ) said it signed an agreement Monday to sell its Shenzhen branch to Senbang Pharmaceuticals for US$12.54 million (RMB85.9 million), the Shanghai Securities News reported. It tried to sell the branch to Shaanxi Zhongtou Assets Management Co in July, but the deal was rejected by a snap board meeting on August...

China Railway Construction Corp (CRCC) (601186.SH, 1186 HK) said Tuesday its first-half net profit was up 22% year-on-year to US$222.69 million (RMB1.525 billion) on US$12.01 billion (RMB82.236 billion) in revenue, up 12% year-on-year, the Shanghai Securities News reported. Revenues from domestic business grew 7.57% to US$11.17 billion (RMB76.501 billion) ov...

The Wall Street Journal, the Financial Times and the South China Morning Post all led their online China business coverage with the release of April inflation numbers by the National Statistics Bureau. The WSJ relies on an AP feed, while the FT gets its wire news via Reuters. China's consumer price index rose by a near decade-high 8.5% year-on-year in Ap...