Cosco jumps 83% at Shanghai debut
2007-06-26 13:04:46
The yuan-denominated stock of China Cosco Holdings Co debuted at 15.52 yuan in Shanghai today, jumping 83 percent from its initial price.
Anhui Conch Cement to sell shares to boost production
2007-06-26 12:59:46
Anhui Conch Cement Co plans to sell shares valued at 11 billion yuan (US$1.4 billion) in Shanghai to upgrade power equipment and boost output.
Fund managed QDII product seeking go-ahead
2007-06-26 11:44:05
On the heels of Chinese securities and fund management companies being allowed to invest overseas, the first QDII product managed by a fund company is in the offing.
Stocks down 1.96% as aftermath of multiple pressures
2007-06-26 11:48:52
Chinese stocks slid deeper this morning, with the Shanghai Composite Index plunging another 77.27 points by the noon break.
Return of red chips likely in August
2007-06-26 11:35:02
The long-awaited return of red-chip companies to the domestic stock market could be within the next two months, a source close to the securities watchdog said yesterday.
Index opens lower, diving toward 3,800-point level
2007-06-26 09:39:43
After two days of deep plunges, dominant selling bids this morning resulted in a much lower opening in the stock market, indicating severe loss in investor confidence.
Hainan Air to fly into soaring growth
2007-06-26 09:11:31
Hainan Airlines Co expects to increase sales at least 15 percent this year because of rising travel in the world's most populous country.
Exchange starts gold trading via local banks
2007-06-26 09:03:04
The Shanghai Gold Exchange will launch individual gold bullion trading nationwide in July by teaming up with Industrial Bank.
TCL clarifies PC listing rumor
2007-06-26 08:46:56
Chinese television and cellphone maker TCL Corp clarified yesterday that it had no plans to list its personal computer business.
Brokerage approved to control fund firms
2007-06-26 08:41:26
CITIC Securities Co, a major Chinese brokerage, said yesterday that it had won regulatory approval to take control of two fund management firms.
Monday index down 3.68%, with lowest trading volume for June
2007-06-25 15:47:06
Chinese stocks closed down by another 3.68 percent today, to lose the 4,000-point battleground amid long-spread swings.
Limits on QDII's H-share investment to ease
2007-06-25 13:50:26
The China Banking Regulatory Commission will soon relax existing regulations on overseas investments by domestic investors, The Standard reported Monday,