Western Mining to announce price range for Shanghai IPO
2007-06-25 13:46:18
Western Mining Co, a Chinese producer of zinc, nickel and copper, plans to announce the price range for its Shanghai IPO on July 2.
Special watchdog to oversee listed SOEs
2007-06-25 13:43:37
China's stock regulator plans to set up a special department to supervise all listed state-owned enterprises and financial companies, a media report said today.
Merchants Securities submits QDII Plan
2007-06-25 13:38:07
China Merchants Securities Co has submitted its plan to buy shares overseas to the State Administration of Foreign Exchange, Vice President Zhang Yuping said.
BOC: Audit findings have little impact
2007-06-25 13:35:13
Bank of China Ltd said "isolated" cases of irregularities and compliance breaches uncovered during a government audit last year won't affect its financial results.
Funds and brokers look forward to QDII scheme
2007-06-25 09:06:52
China's decision to let fund managers and brokers invest client capital overseas won't immediately soak up liquidity in the domestic market, analysts said.
Nanjing and Ningbo banks get nod for IPOs
2007-06-25 09:11:06
Bank of Nanjing and Bank of Ningbo yesterday gained regulatory approval to sell shares in China, a good sign for other listing hopfuls.
China encourages share-holding reform in defence industry
2007-06-25 08:56:32
China encourages share-holding reform for some of its weapons makers in a bid to expand financial and technical support, according to the recently issued government guidelines.
TCL Corp. may list PC unit
2007-06-25 08:47:44
Major domestic television and mobile phone maker TCL Corp. may list its personal computer unit to raise much-needed capital, a domestic newspaper said Friday.
Stocks dive 3.29%, largest single day plunge since June 4
2007-06-22 15:07:59
Amid wide-spread anticipation of further tightening measures over the weekend, Chinese stocks plunged 3.29 percent today,the largest single-day slump since June 4.
Ping An consolidates banking operations
2007-06-22 13:37:20
Ping An Insurance, China's second largest insurer, said the banking regulator has approved its plan to combine two banking units.
Hybrid bonds will boost Huaxia's capital
2007-06-22 13:16:44
Huaxia Bank Co, partly owned by Deutsche Bank AG, was approved to sell as much as four billion yuan of a special hybrid bond to boost capital that's near the regulatory minimum.
Central bank calls for supervision of speculative capital
2007-06-22 12:58:13
China's central bank vice governor said on Thursday that every country should monitor transnational flows of short-term speculative capital in order to prevent financial crisis.