Minsheng Bank Chairman Dong Wenbiao says that, while the bank is considering a Hong Kong IPO, it is also preparing for the potential acquisition of other banking and finance assets in April or May to diversify its business.

Beijing Dabao Cosmetics Co is seeking investors to acquire 100% of its stakes, and market sources say Avon intends to be the buyer.  Avon stands to further expand in China, and the potential acquisition heralds a new phase of competition in the country's direct sales industry.

By reorganizing its asset structure and taking advantage of favorable market conditions, China Tungsten and High-tech Materials Co Ltd. is closer than every to establishing a solid platform for its tungsten resources and operations.

The completion of the acquisition of its parent and its possession of 3G technology has made Ningbo Bird Co Ltd a highlight in the capital market.

Wumart Stores Inc. acquired Xinhua Department Store in Beijing in order to enter the mid- to high-end department store arena; however, a lack of management expertise and branding difficulties are presenting stumbling blocks for the retail franchiser.

Wangfujing is making moves to build upon its foundation in Beijing to expand nationwide, and it has implemented changes in senior management, adjusted its planning and expansion model, and begun developing themed department stores in order to reach its goal.

COFCO’s subsidiary formally started share issuance in Hong Kong last week.  The money raised from the IPO will be but towards future acquisitions and expansion into China's energy sector.

China's long summers generally do not spur a surge in ice cream consumption.  However, the market's potential is luring many local and foreign giants to accelerate their efforts to penetrate various segments, driving out small and mid-size labels in the process.

Recent reports suggest that China's three state-owned airlines, Air China, China Southern Airlines, and China Eastern Airlines, may merge to form a holdings corporation that will replace their separate operations.  This could serve as the first move towards a reorganization of the civil aviation sector.  Is China ready for such a move?