Hang Seng Index reaches all-time high
2007-06-19 08:42:42
Galvanized by the influx of foreign capital and possible A-share listing of China Mobile, Hong Kong's Hang Seng Index yesterday leaped 2.69 percent, closing at an all-time high of 21,582.
Bourse urges contract openness
2007-06-19 08:46:48
The Shenzhen Stock Exchange yesterday issued a notice ordering listed firms to reveal details of large contracts as soon as they occur.
Stocks regain 4,200-point battleground
2007-06-18 15:35:16
Chinese stocks regained the 4,200-point battlefield today, in absence of tightening measures over the weekend. The Shanghai Composite Index closed at 4,253.35, up 2.92 percent.
CSRC warms up for launch of index futures
2007-06-18 14:37:47
The regulators are currently focused on five major issues in preparation for index futures, according to the 2007 supervisory official training class and conference last week.
ICBC to acquire Huarong Asset Management
2007-06-18 13:22:27
ICBC may buy Huarong Asset Management Co to expand into securities, leasing and other financial services, the China Securities Journal reported, citing unidentified sources.
Stocks surge 2.95% in absence of tightening measures
2007-06-18 11:45:05
A new round of buying waves emerged in the stock market this morning. The Shanghai Composite Index surged 2.95 percent to 4,254.87 by the noon break.
Minsheng plans US$2.6 bl bond sale
2007-06-18 13:18:18
China Minsheng Banking Corp plans to sell 20 billion yuan of bonds to boost capital and finance loan growth.
Door open within month or two for insurance firms to invest overseas
2007-06-18 13:15:16
Chinese mainland authorities will soon open the door for insurers to invest overseas to expand investment channels for the industry.
Government in no rush to raise QFII funds
2007-06-18 08:52:47
The government is unlikely to raise the amount of foreign institutional investment in its securities markets to US$30 billion quickly, an foreign exchange official said Friday.
Microsoft to buy stake in Changhong
2007-06-18 11:11:59
Microsoft Corp agreed to buy 0.8 percent of Sichuan Changhong Electric Co in a project that can connect computers and televisions to the Internet, the Chinese company said.
China Construction Bank to sell 9 billion A shares
2007-06-18 09:22:29
China Construction Bank Corp will sell 9 billion A shares, or 3.85 percent of its enlarged share capital, on the Shanghai Stock Exchange.
The bull may be back despite the bear hug
2007-06-18 08:20:00
Is the party over? That's what Chinese investors seem to be asking as the stock market is beginning to settle down into a lull from weeks of jittery ride.