ICBC, Construction Bank post impressive profits riding on a wave of recovery

China Telecom Corp. Ltd. (CHA) files 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]. The unaudited financial data of the Group for the first quarter of 2010: (excluding the amortisation of upfront connection fees) • Operating revenues were RMB52,712 million, representing an increase of 3.6% from the first quarter of last year • EBITDA (before CDMA network capacity lease fees) was RMB22,796 million, representing an increase of 2.7% from the first quarter of last year • Profit attributable to equity holders of the Company was RMB4,272 million, representing a decrease of 9.1% from the first quarter of last year

China Agritech Inc. (CAGC) files 424B5 - Prospectus [Rule 424(b)(5)]. This is a firm commitment public offering of 1,243,000 shares of our common stock. Shares of our common stock are currently traded on the NASDAQ Global Market under the symbol “CAGC.” On April 28, 2010, the closing sale price of our common stock was $17.12 per share. The information contained or incorporated in this prospectus supplement is accurate only as of its respective date, regardless of the time of delivery of this prospectus supplement or any sale of our securities. INVESTING IN OUR SECURITIES INVOLVES A HIGH DEGREE OF RISK. SEE “RISK FACTORS” ON PAGE S-12 OF THIS PROSPECTUS SUPPLEMENT.

Baidu, Inc. (BIDU) files 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]. BEIJING, China, April 28, 2010 — Baidu, Inc. (NASDAQ: BIDU), the leading Chinese language Internet search provider, today announced its unaudited financial results for the first quarter ended March 31, 20101. First Quarter 2010 Highlights • Total revenues in the first quarter of 2010 were RMB 1.294 billion ($189.6 million), a 59.6% increase from the corresponding period in 2009. • Operating profit in the first quarter of 2010 was RMB 530.8 million ($77.8 million), a 167.4% increase from the corresponding period in 2009. • Net income in the first quarter of 2010 was RMB 480.5 million ($70.4 million), a 165.3% increase from the corresponding period in 2009. Diluted earnings per share (“EPS”) for the first quarter of 2010 was RMB 13.77 ($2.02); diluted EPS excluding share-based compensation expenses (non-GAAP) for the first quarter of 2010 was RMB 14.33 ($2.10).

China Agritech Inc. (CAGC) files 8-K - Current report. On April 28, 2010, China Agritech, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Rodman & Renshaw, LLC (the "Underwriter") related to a public offering of 1,243,000 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), at a price of $16.10 per share, less a 6% underwriting commission. The total gross proceeds of the offering will be approximately $20,012,300 million, and net proceeds, after deducting underwriting discounts and commissions and estimated offering expenses, will be approximately $18.3 million. Pursuant to the terms of the Underwriting Agreement, the Company has granted the Underwriter an option, exercisable for 45 days, to purchase up to an aggregate of 15% additional shares of Common Stock to cover over-allotments, if any. The offering is being made pursuant to the Company’s effective registration statement on Form S-3, as amended (Registration Statement No. 333-164810), filed with the United States Securities and Exchange Commission and, a prospectus supplement, dated April 29, 2010 (the “Prospectus Supplement”) filed with the Securities and Exchange Commission. The public offering and sale contemplated by the Underwriting Agreement will be completed on or about May 4, 2010, subject to customary closing conditions. The Underwriting Agreement is filed as Exhibit 1.1 to this Current Report and the description of the material terms of the Underwriting Agreement is qualified in its entirety by reference to such exhibit.

China Life Insurance Co. Ltd. (LFC) files 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]. Net Premiums Earned: Net premiums earned increased by RMB 9,900 million, or 3.7%, to RMB 275,077 million in 2009 from RMB 265,177 million in 2008. This increase was primarily due to an increase in insurance business volume. Individual Life Insurance Business: Net premiums earned from the individual life insurance business increased by RMB 9,581 million, or 3.8%, to RMB 261,694 million in 2009 from RMB 252,113 million in 2008. This increase was primarily due to the adjustment of our business structure to focus more on sales of products with regular premiums, which resulted in a more steady increase of our first-year premiums and renewal premiums.

AsiaInfo to Upgrade Two China Mobile BI Systems to NG-BASS Phase-II. BEIJING and SANTA CLARA, Calif., April 29 /PRNewswire-Asia-FirstCall/ -- AsiaInfo Holdings, Inc. (Nasdaq: ASIA) ("AsiaInfo" or the "Company"), a leading provider of telecom software solutions and IT security products and services in China, today announced that it will upgrade China Mobile's Business Intelligence ("BI") systems to accommodate the operators' Next Generation Business Analysis Support System ("NG-BASS" or "the system") Phase-II rollout in Shandong and Sichuan province.

China Agritech Announces Pricing of $20 Million Public Offering of Common Stock. BEIJING, April 28 /PRNewswire-Asia-FirstCall/ -- China Agritech, Inc., (Nasdaq:CAGC - News) ("China Agritech" or the "Company"), a leading organic compound fertilizer manufacturer and distributor in China, today announced the pricing of a public offering of 1,243,000 shares of its common stock at a price of $16.10 per share. The Company has granted the underwriters a 45-day option to purchase up to an additional 186,450 shares to cover over-allotments, if any. The offering is expected to close on May 4, 2010, subject to customary closing conditions.

China Pharma Holdings, Inc. Retains CCG Investor Relations. HAIKOU CITY, China, April 29 /PRNewswire-Asia-FirstCall/ -- China Pharma Holdings, Inc. (NYSE Amex: CPHI) ("China Pharma" or the "Company"), a leading fully-integrated specialty pharmaceuticals company in China, today announced that it has retained CCG Investor Relations to design and execute its investor relations campaign.

China Security & Surveillance Technology Chairman and CEO Signs a Repurchase Agreement for Personal Loan Redemption. SHENZHEN, China, April 29 /PRNewswire-Asia/ -- China Security & Surveillance Technology, Inc. ("CSST" or the "Company") (NYSE: CSR; Nasdaq Dubai: CSR), a leading integrated security and surveillance solution provider in the P.R.C., today reported an update on the personal loan redemption of Mr. Guoshen Tu, Chairman and Chief Executive Officer of CSST.

New Energy Systems Group Appoints Leading Industry Executive as Independent Director. NEW YORK and SHENZHEN, China, April 29 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (OTC Bulletin Board: NEWN), a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems, today announced the appointment of Mr. Rongqi Dai as a new, independent member of the company's Board of Directors. Mr. Fushun Li, Chief Executive Officer, commented, "The Board and management are committed to building a talented and well-rounded leadership team that will support the next phase of our growth following our recent acquisitions and vertical integration. We are extremely pleased to welcome Rongqi who brings decades of hands-on experience growing successful companies. In particular, he has extensive experience in the portable electronics industry, including highly successful product launches for a variety of consumer electronics products. His experience will be extremely valuable as we grow our direct-to-consumer business and continue to position ourselves at the forefront of the lithium ion battery market."

Synutra International Resolves Product Liability Lawsuit. QINGDAO, China and ROCKVILLE, Md., April 29 /PRNewswire-Asia-FirstCall/ -- Synutra International, Inc. (Nasdaq: SYUT), a leading infant formula company in China and a producer, marketer and seller of nutritional products for infants, children and adults, today announced that the U.S. District Court for the District of Maryland granted Synutra's motion to dismiss a civil action complaint filed against the Company. The lawsuit was a product liability action related to the melamine crisis in China. The Court granted the Company's motion to dismiss in an Order dated March 29, 2010, finding that the Chinese judicial system was the more appropriate forum for addressing these actions.

Trina Solar Announces Conference Call to Discuss First Quarter 2010 Results. CHANGZHOU, China, April 29 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, announced today it will host a conference call at 8:00 a.m. ET on Tuesday, May 25, 2010, to discuss results for the quarter ended on March 31, 2010. Joining Jifan Gao, Chairman and CEO of Trina Solar on the call will be Terry Wang, Chief Financial Officer, Sean Tzou, Chief Operating Officer and Thomas Young, Senior Director of Investor Relations. The Company plans to distribute its earnings announcement before the call.