Beware of stock frenzy in Shanghai
2007-05-08 09:20:44
When the Shanghai and Shenzhen stock exchanges resume today after the week-long holidays, key indexes may hit record highs.
Hang Seng index reaches record high
2007-05-08 09:08:27
The Hang Seng Index passed the record 21,000-point mark yesterday, driven by hopes mainland investors would fuel another market run after the holiday.
Securities investment become major profit source for insurers
2007-04-30 15:09:42
China's insurers made a profit of 73.756 billion yuan (US$9.566 billion) on their investments in securities in 2006, accounting for 77.2 percent of their total profit.
QFIIs increases share-holding in 1st quarter
2007-04-30 09:53:15
Qualified foreign institutional investors (QFIIs) increased their holdings in China's stock markets by just over 4 billion yuan (US$519 milllion) in the first three months of 2007.
Listed companies double profits in 1st quarter
2007-04-30 09:43:22
Of the 1,028 Chinese listed companies that have so far filed quarterly fiscal statements, 941 have reported average profit increases of more than 100 percent.
Klener Perkins sets up venture fund in China
2007-04-30 09:30:19
Klener Perkins Caufield & Byers, a US venture capital firm that invested in Google Inc and Amazon.com Inc, opened a fund in China to tap fast-growing industries in China.
Bank reserve ratio up to curb liquidity
2007-04-30 08:37:22
China's central bank yesterday ordered commercial banks to hold more funds in reserve to help mop up excess liquidity.
Chinese spurn bank deposits in stock market
2007-04-30 09:02:32
Chinese bank staff can scarcely catch a breath these days as customers come crowding into agencies all over the country to withdraw their savings.
Chinese IPOs in US test American law firms
2007-04-30 09:16:50
With more Chinese companies carrying out initial public offerings (IPOs) in the US stock markets, law firms there face challenges and intense competition.
Hangxiao Steel Structure probed for illegal disclosure
2007-04-28 14:05:46
The China Securities Regulatory Commission (CSRC) has confirmed that Hangxiao Steel Structure Co Ltd, a Shanghai-listed construction firm, is involved in a case of illegal information disclosure.
BOC's profits surge nearly 40% in 1st quarter
2007-04-28 13:35:18
Bank of China (BOC) said on Friday its before-tax profits rose 37.6 percent to 24.25 billion yuan (US$3.15 billion) in the first quarter.
CITIC Bank A shares surge on debut
2007-04-28 08:44:35
Chen said CITIC Bank will strengthen its business focus on corporate banking, and rectify deficiencies in other areas, including retail banking.