Minsheng profit up, finalizes private placement deal
2007-03-20 10:55:08
China Minsheng Banking Corp said yesterday its net profit surged 43 percent last year to 3.83 billion yuan (US$495 million).
New regulations clear way for financial futures
2007-03-20 10:04:37
According to a new set of regulations governing futures trading, financial futures, which include interest rates, foreign exchange rates and stock indices, can now be traded.
Chinese shares end higher
2007-03-20 16:11:53
The stock market closed higher Tuesday as the benchmark Shanghai Composite Index rose 0.59 percent to close at 3,032.2 points.
Market shrugs off rate hike
2007-03-20 10:19:18
China's stock market surged 2.87 percent yesterday, despite an interest rate hike of 27 basis points announced on Saturday.
Futures exchange to hold trials for zinc trading
2007-03-19 14:18:23
The Shanghai Futures Exchange will hold a test run for zinc trading this week as part of plans to launch futures trading in the metal.
Military-related industries eye public listings
2007-03-19 13:35:43
China will encourage military-related industries to expand into manufacturing and trading of products for civil use and raise funds through capital markets.
China Netcom looks to corporate clients
2007-03-19 13:27:41
China Netcom may seem increasingly vulnerable when voice goes mobile and price wars are rampant in the telecom industry.
China to open financial sector further
2007-03-18 09:30:55
China will further open its financial sector in "an active and safe" way, the country's central bank promised.
VC investment continues to boom
2007-03-18 09:28:20
High returns and preferential policy will help push China's venture capital (VC) investment to a new high.
Nation lifts ban on power projects
2007-03-18 11:37:13
China's top environmental watchdog has lifted a ban on approving projects for two of the country's five biggest power suppliers.
Central bank raises benchmark interest rates by 0.27%
2007-03-18 08:59:04
The central bank announced Saturday that the one-year benchmark interest rates are raised by 0.27 percent as of March 18.
Nation issues new regulations on futures trading
2007-03-18 09:36:36
The State Council published on Friday new regulations on futures trading, extending its coverage from commodities futures to financial futures and option contracts trading.