Index futures edge closer
2007-06-28 08:40:21
The China Financial Futures Exchange yesterday said the CSRC has approved the trading rules, a crucial step toward the launch of the mainland's first index futures market.
Stocks regain 4,000-point ground with 2.65% surge
2007-06-27 15:54:21
Chinese stocks formed a clear growth trend today, with the Shanghai Composite Index climbing 105.23 points or 2.65 percent to 4,078.60.
Air China to sell shares of securities firm
2007-06-27 15:24:12
Air China is offering to sell its 12.83 percent stake in mid-sized brokerage West China Securities for 416 million yuan, according to China Beijing Equity Exchange.
China life becomes largest shareholder of Minsheng
2007-06-27 15:12:15
China Life Insurance Co overtook Chinese billionaire Liu Yonghao as the biggest shareholder of China Minsheng Banking Corp, the nation's only privately controlled bank.
Auto rivals work on merger
2007-06-27 13:48:39
Shanghai Automotive Industry Corp has again extended an olive branch to Nanjing Automobile Corp in a move that's believed to result in a merger of the two automakers.
Draft rules on rating agencies unveiled
2007-06-27 13:34:03
China's stock regulator has drafted rules governing operations of ratings agencies in its latest attempt to expand the country's corporate bond market.
CDB to sell first-ever RMB bonds in Hong Kong
2007-06-27 11:40:33
China Development Bank will sell the renminbi bonds in Hong Kong today, demonstrating the government's effort to strengthen Hong Kong's status as an financial hub.
BoCom to enter leasing business
2007-06-27 08:45:28
Bank of Communications plans to set up a wholly owned financial leasing company, according to a company statement to the Shanghai Stock Exchange.
BBVA seeks QFII permit
2007-06-27 08:37:19
Banco Bilbao Vizcaya Argentaria SA, Spain's second-biggest bank, is seeking a license to invest in Chinese stocks, Bloomberg News reported yesterday.
Inflows of hot money to be curbed
2007-06-27 08:32:41
The foreign exchange regulator yesterday vowed to strengthen controls over illegal capital flowing into the stock and property markets.
Mainland and Hong Kong bourses track joint path for equities growth
2007-06-27 08:28:24
The Chinese mainland and Hong Kong stock markets are expected to cooperate, with more firms conducting dual listings and securities firms expanding across the border.
Stocks close up, with lowest turnover since May 29
2007-06-26 15:46:41
Chinese stocks made an unexpected uprising after further dives and weak growth for the most of the day. The Shanghai Composite Index closed at 3,973.37, up 0.82 percent.