Companies need 'more options'

2007-06-07 08:42:30

China should expand local companies' fundraising options by letting commercial banks invest in private-equity funds, Vice-Governor of the Central Bank said.

Stocks edge up amid price corrections

2007-06-06 15:52:12

Chinese stocks edged up with frequent but short-ranged fluctuations today. The Shanghai Composite Index closed at 3,776.32, up 9.22 points or 0.24 percent.

Bourse orders disclosure meetings

2007-06-06 14:59:27

Shenzhen Stock Exchange has asked firms with improper information disclosures to communicate with investors directly, make apologies and unveil remedy plans.

Newly-opened stock accounts dip

2007-06-06 14:04:12

Chinese investors opened 197,000 new Chinese A-share accounts on Monday, dipping below the 200,000-mark for the number of new accounts for the first time since May 1

BOC plans to launch new QDII fund

2007-06-06 13:50:30

Bank of Communications plans to launch a fund under the QDII program to raise more than $400 million.

Stocks edge up amid short-range swings

2007-06-06 11:51:43

Chinese stocks edged up with frequent but short-ranged fluctuations this morning. The Shanghai Composite Index closed at 3,802.26, up 0.93 percent.

China Resources buys Xingtai Power share

2007-06-06 10:56:28

China Resources Power Holdings Co. will buy 44.7 percent of Xingtai Power Generation Ltd for 530 million yuan.

CITIC Securities plans share offer

2007-06-06 10:49:40

CITIC Securities Co, the most profitable brokerage in China, plans to sell 350 million new shares for finance expansion, according to Bloomberg News.

Private banking set to take off in China

2007-06-06 09:37:17

The private banking service targeting high-net-worth individuals is a promising market for banks in China.

Gold glitters as stocks lose luster

2007-06-06 08:50:24

The steady increase in gold prices on the Shanghai Gold Exchange is widely seen as the beginning of a longer-term uptrend

ICBC reclaims banking crown

2007-06-06 08:35:42

Following its successful IPO in October, the Industrial and Commercial Bank of China has reclaimed first spot in Top 100 Chinese Banks.

Stocks bounce back after plunging deep

2007-06-05 15:38:09

Chinese stocks bounced back and finished higher today after diving by another 200 points. The Shanghai Composite Index closed at 3,767.10, up 96.7 points or 2.63 percent.

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