China Railway Express plans IPO
2007-04-25 09:47:37
China Railway Express Co, owned by the Ministry of Railways, is planning an initial public offering (IPO) of shares in Shanghai late this year.
Banks among world's biggest in market capitalization
2007-04-25 09:11:20
Three Chinese banks ranked in the world's top 10 in terms of market capitalization, a report by Boston Consulting Group (BCG) said yesterday.
Chinese shares open lower on April 25
2007-04-25 09:40:29
Chinese shares started lower on Wednesday, with the benchmark Shanghai Composite Index opening at 3,708.57 points, down 11.96 points, or 0.32 percent.
GF Securities net profit grows 677%
2007-04-25 09:31:55
GF Securities Co Ltd said its net profit grew 677 percent year-on-year to 1.23 billion yuan (US$159 million) in 2006, from 157.73 million yuan in 2005.
China Life to sell stake to Citigroup
2007-04-25 09:07:46
China Life Insurance Co plans to sell a stake of as much as 19.9 percent to Citigroup Inc, the Hong Kong Economic Journal reported.
Changhong to raise funds
2007-04-25 08:54:58
Sichuan Changhong Electrical Co said it plans to raise about 2.5 billion yuan selling new shares.
China to launch trial SHIBOR-based bills
2007-04-24 15:55:49
China plans to launch the country's first trial short-term bills based on the recently launched Shanghai interbank offered rate (SHIBOR) in the second quarter.
BoCom to net US$3.3b from A-share issuance
2007-04-24 13:42:04
Bank of Communications hopes to net up to 25.2 billion yuan (US$3.3 billion) selling yuan-backed A-shares in Shanghai.
China Life says parent has no plan for IPO
2007-04-24 10:28:41
China Life Insurance Co., the country's biggest life insurer, said on Tuesday that its state parent had no plan to list on a stock market.
Suning to sell 73m shares
2007-04-24 09:52:33
Suning Appliance Co, China's second-largest home appliance retailer, plans to sell 2.4 billion yuan worth of shares to finance expansion.
Shanghai index hits new high
2007-04-24 08:54:51
China's major stock index soared by 3.53 percent on Monday to close at a record high of 3,710.886 points.
China to step up controls on funds entering stock market
2007-04-23 16:23:37
China will step up efforts to rein in rapid growth in the stock market, with controls intended to bar those funds that should not be invested in stocks.