Chinese shares end slightly higher

    2008-01-25 17:33:16

    Chinese shares closed slightly higher on the week's last trading day. The benchmark Shanghai Composite Index, which covers both A and B shares, climbed 43.95 points, or 0.93 percent, to 4,761.69.

    Central bank issues bills worth 29b yuan

    2008-01-24 19:25:38

    China's central bank on Thursday issued three-year and one-year central bank bills worth up to 29 billion yuan (US$3.97 billion) at a yield of 4.56 percent and 3.41 percent respectively.

    Equity funds get green light to raise $2b

    2008-01-24 10:27:20

    China's securities regulator has approved three new domestic equity funds to raise over $2 billion, people close to the situation said yesterday.

    SOEs post 32% rise in profits

    2008-01-23 23:20:20

    China's State-owned enterprises posted a 31.6 percent rise in 2007 total profits buoyed by a strong economy, the Ministry of Finance said Wednesday.

    Sydney to Shanghai: Sell, sell, sell

    2008-01-23 10:13:04

    A man looks at stock market monitors in Shanghai on January 22, 2008. Shell-shocked investors from Shanghai to Sydney counted the cost to their pensions and savings as Asian stock markets tumbled. [Xinhua]

    China ready to launch growth enterprise board

    2008-01-23 11:49:16

    China is to launch a growth enterprise board, private equities and stock index futures this year, said a senior official.

    Most futures tumble as well

    2008-01-23 10:29:53

    Seventeen of the 19 commodity futures contracts traded on the mainland's three exchanges fell sharply yesterday in tandem with the worldwide market slump.

    Central bank issues one-year bills worth 31b yuan

    2008-01-22 23:30:40

    The People's Bank of China, the country's central bank, on Tuesday issued one-year central bank bills worth 31 billion yuan at a yield of 4.0583 percent.

    Shanghai index down 7.2%, Hang Seng crashes

    2008-01-22 15:23:09

    Chinese stock markets tumbled for a second day Tuesday, as worldwide worries about an imminent US recession led to panic selling.

    Bank of China sheds 4.14% on writedown talk

    2008-01-22 10:27:09

    Bank of China Ltd fell yesterday after BNP Paribas SA said it may have to write down the value of overseas securities by 35 billion yuan.

    Companies raise US$100b on stock markets in 2007

    2008-01-21 20:56:38

    A total of 242 Chinese enterprises were listed on both domestic and overseas stock markets last year, raising about US$104.8 billion.

    Chinese funds lose almost $10b in 4th quarter

    2008-01-22 15:14:41

    More than 60 percent of the funds on the Chinese market reported losses for the fourth quarter of 2007, totaling 72.1 billion yuan ($9.9 billion).

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