Danone strikes back at Wahaha
2007-05-10 09:09:43
French food giant Groupe Danone SA took legal action against Wahaha yesterday, accusing its Chinese partner of violating a joint venture contract by illegally using the Wahaha brand name.
Shanghai index passes 4000 barrier
2007-05-10 09:01:14
On May 9, after another day of hectic activity, the Shanghai Composite Index broke through the psychological barrier of 4000 points to close at another record high of 4013.09.
New stock accounts hit record
2007-05-10 08:57:52
The incessant climb of stock indexes is drawing new players to the market every day, pushing up new stock investment accounts to record highs.
Red chips to list on mainland in 2007
2007-05-10 08:49:28
Red-chips, or mainland firms incorporated outside the mainland and listed in Hong Kong, are expected to list on the yuan-denominated A-share market by the end of this year.
B shares in spotlight
2007-05-10 08:53:26
Excessive money inflow into the stock market is driving a surge of China's long-neglected B shares, the foreign-currency denominated shares on the mainland market.
Shenzhen Development Bank posts 129% net profit growth in 1st quarter
2007-05-09 15:27:44
Shenzhen Development Bank, one of China's 10 listed commercial banks, reported net profits up 129 percent to 535 million yuan (US$70 million) in the first quarter.
EPS soars 78% for listed companies
2007-05-09 15:18:41
Earnings per share (EPS) for 1,364 Chinese listed companies soared 78.1 percent year on year to a weighted average of 0.098 yuan in the first quarter.
Mid-year launch of index futures unlikely
2007-05-09 14:54:09
China is not expected to meet a mid-year deadline to unveil its pilot stock-index futures, sources said yesterday
Shenzhen proposes to raise QFII quota
2007-05-09 14:38:03
China should drastically raise the quota it places on overseas investors who buy domestic shares, the Shenzhen Stock Exchange said.
Banks to hold more foreign currency reserves
2007-05-09 14:22:29
The central bank raised the amount of foreign currencies that lenders must keep as reserves, seeking to cool the world's fastest-growing major economy.
China Postal eyed for next big bank IPO
2007-05-09 14:08:03
Investment bankers hunting for the newest big game in China's financial services market are circling the reborn China Postal Savings Bank.
Chang'an Auto plans IPO
2007-05-09 10:14:05
Chang'an Auto, a carmaker based in Chongqing Municipality, plans to raise $500 million to $1 billion in an initial public offering by the end of this year.