China Construction Bank may raise US$5.5b
2007-06-15 13:33:16
China Construction Bank Corp plans to sell shares valued at US$5.5 billion, responding to a government call for large companies to raise funds at home.
Gold bonds coming soon
2007-06-15 17:19:00
The Shanghai Gold Exchange is working together with gold producers, brokers and banks in preparation for the launch of gold bonds, the Securities Times reported yesterday.
UBS, Dacheng may revive closed-end funds
2007-06-15 08:48:24
Swiss bank UBS AG's Chinese mainland fund venture and Dacheng Fund Management Co are may become the first batch of firms to revive closed-end funds, sources said yesterday.
Industrial output growth accelerates in May
2007-06-14 13:18:00
China's industrial production growth unexpectedly accelerated in May, underscoring the government's efforts to cool the economy was not effective enough.
China intersted in US private equity investor
2007-06-14 13:14:05
China is taking a close interest in the IPO to be launched by the Blackstone Group, because a Chinese national investment company is poised to take a stake.
3 nabbed in insider trading case
2007-06-14 08:52:50
Three people have been arrested by police in Zhejiang Province for their alleged role in an insider trading case, considered the biggest scandal to embroil a listed company this year.
Red chip companies may return in July
2007-06-14 08:37:53
China may allow companies incorporated abroad and listed in Hong Kong to sell shares in the domestic stock market from July, the Shanghai Securities News reported.
Growth enterprises market is considered
2007-06-12 14:38:18
The growth enterprises market, which targets China's plentiful small- and medium-sized enterprises, is under preparation.
New CSI subsidiary indexes will be launched
2007-06-12 08:52:00
China Securities Index Co Ltd said it will launch 10 CSI300 subsidiary indexes on July 2.
Treasury bond to be issued
2007-06-12 08:30:01
China's Ministry of Finance will sell a special treasury bond to raise money to buy foreign-exchange reserves from the central bank, a finance ministry official said.
Investors rush to new funds
2007-06-12 08:25:35
The growing volatility of China's stock market prompted investors to seek professional help yesterday as 25 billion yuan was dumped into units of two new mutual funds.
Producer price index up 2.8% in May
2007-06-11 14:41:35
The producer prices index in China grew 2.8 percent year-on-year in May, mainly propped up by a 3.6 percent rise in procurement prices of raw materials and energy.