Power play by Datang bonus for investors
2007-07-27 08:46:59
Datang International Power Generation Co, the biggest Hong Kong-listed Chinese electricity producer, plans to hand bonus shares to investors for the first time.
Major indices break all-time high record
2007-07-26 17:51:11
Major stock indices in the bourses of Shanghai and Shenzhen both topped their all-time highs on Thursday and consolidated gains amid rosy corporate earning prospect reports and continuing reminbi appreciation.
CBRC: Policy banks not allowed capital adequacy ratio below 8%
2007-07-26 17:13:45
Policy banks are not allowed to have a capital adequacy ratio below 8 percent, according to a revised management measure issued by the China Banking Regulatory Commission.
China to issue six-month T-bond
2007-07-26 14:46:42
China will issue 28 billion yuan of book-entry treasury bonds from July 26, the Ministry of Finance said in a statement on Wednesday.
IMF raises China's economic growth forecast to 11.2% this year
2007-07-26 13:46:53
IMF on Wednesday raised China's economic growth forecast for 2007 to 11.2 percent, up 1.2 percentage points from its forecast in April.
Air China profits surge 2,000%
2007-07-26 13:12:26
Air China on Wednesday said profits soared in the first half due to the strengthening Chinese currency, investment gains and a booming travel market.
China's debt rating upgraded by Moody's to A1
2007-07-26 13:04:44
China's debt rating was upgraded by Moody's Investors Service, citing the country's swelling foreign-currency reserves, surging exports and improvements to the banking system.
Yuan value in spotlight during Paulson's visit
2007-07-26 11:01:26
US Treasury Secretary Henry Paulson will arrive in China for a fourth time next week, meeting with Chinese leaders for talks on economic and trade issues, his office announced on Tuesday.
Pudong Bank approved to form fund venture
2007-07-26 08:47:02
Shanghai Pudong Development Bank Co said it won approval from China's stock market regulator to start a fund venture with French insurer Axa SA.
Sinopec to start on gas line
2007-07-26 08:39:12
The planned pipeline to deliver natural gas from Sichuan to eastern China will start construction next month, an exclusive source from Sinopec said to China Daily yesterday.
CPI growth to slow in 2nd half
2007-07-26 08:34:40
Consumer prices in China are projected to grow at a slower pace in the second half of this year after rapid increases from January to June, an official from the NDRC said yesterday.
Insurers to pour $39b into overseas market
2007-07-26 08:32:46
More than 300 billion yuan is ready to flow into the international market with China's insurance companies getting government approval to invest abroad.