Chinese media commercializes editorial units with landmark listing
2007-12-21 14:20:51
A Chinese publishing group listed on the Shanghai stock market on Friday, becoming the country's first media company to issue shares in all its operations.
Interest rate raised by 27 points
2007-12-20 19:05:16
China will raise the one-year deposit interest rate by 27 basis points to 4.14 percent and the lending rate by 18 basis points to 7.47 percent as of December 21, the central bank said.
Market capitalization of second board quadruples in 2007
2007-12-20 17:12:25
The market capitalization of 194 companies listed on the Shenzhen small and medium-sized enterprises board surpassed 883.6 billion yuan as of December 11.
Sinoma surges 42% on Hong Kong debut
2007-12-20 15:53:10
Sinoma surged 42 percent above its IPO price on its first trading day in Hong Kong, highlighting continued confidence in the mainland's economic outlook.
China fund to invest $5b in Morgan Stanley
2007-12-20 07:02:09
China Investment Corp, the state-owned forex investment firm, said that it has agreed to invest $5 billion in US investment bank Morgan Stanley.
Blue chips bounce back, index up 2.18%
2007-12-19 17:15:07
Heavyweight stocks reversed a downward trend today thanks to the de-freezing of subscription funds and encouraging news from the State asset administrator.
Bank QDIIs approved to invest in UK stocks, funds
2007-12-19 10:29:52
China will allow its commercial banks to extend their QDII portfolios to the UK and US stock and fund markets.
Central bank reopens special deposit to curb liquidity
2007-12-19 10:29:52
The People's Bank of China says it will start taking special deposits again from December 27, Tuesday's Shanghai Securities News said.
New Sinopec plant under way
2007-12-19 10:29:52
The nation's largest oil refiner Sinopec yesterday began work on a 14.6-billion-yuan ethylene plant in Wuhan, capital of Hubei Province, to meet demand in the central region.
Index futures a step closer
2007-12-19 10:32:53
The China Financial Futures Exchange has approved 52 member companies, a major step toward launching the index futures.
Corporate debt move a watershed for market
2007-12-19 10:32:45
Multinationals now have access to the domestic corporate debt market, which is hailed as a major breakthrough in the opening of the financial services sector.
Central SOEs to see profits surge 30% this year
2007-12-19 10:29:52
China's centrally administered state-owned enterprises are expected to see 30 percent leap in annual profits in 2007 as they benefit from a strong economy.