SMTCL set to list in Shanghai
2007-03-13 10:43:54
Shenyang Machine Tool (Group) Co Ltd will list on the Shanghai United Assets and Equity Exchange to sell 49 percent of its shares.
Tom Group makes offer on online unit
2007-03-13 10:37:47
Hong Kong-based Tom Group said yesterday it will offer up to HK$1.57 billion to buy out its listed Internet unit Tom Online.
Central banker downplays market swings
2007-03-13 10:28:32
The central bank chief sought to reassure investors that the domestic stock market was not in the middle of a downward trend.
CATIC seeks strategic investors before listing
2007-03-13 10:25:07
China National Aero-Technology Import & Export Corporation (CATIC) is seeking strategic investors before getting listed later this year.
Chalco to buy plants from parent
2007-03-13 10:21:13
Aluminum Corp of China Ltd, or Chalco, the nation's largest maker of the metal, will buy processing plants from its parent.
Xinhua Finance Media swamped by US buyers
2007-03-12 16:06:35
Xinhua Finance Media Ltd, a provider of financial news and data on China's markets, has raised US$300 million from its American initial public offering.
Index set to climb on firm yuan, quality chips
2007-03-12 15:50:35
Shanghai stocks may re-visit the 3,000-point level this week on a stronger yuan and expected strong performances in quality companies.
Stock markets raise US$9.8b by end-February
2007-03-12 15:41:22
China's stock markets raised 76.1 billion yuan (US$9.8 billion) of capital in the first two months of 2007.
Fund managers banned from pre-setting commissions to brokers
2007-03-12 14:28:19
China's stock regulator has banned fund-management firms from pledging securities trading commissions to brokers.
Red chips may be able to sell shares directly
2007-03-12 14:14:55
China may prefer to allow Hong Kong-incorporated mainland firms to issue yuan-backed shares directly.
China's fluctuating stock prices 'not macroeconomic problem'
2007-03-12 13:53:45
The fluctuating prices on China's fledgling stock market recently are not a macroeconomic problem, said the central bank governor.
Restrictions on individuals investing overseas may be relaxed
2007-03-12 11:34:18
China is mulling over whether to allow individuals to make direct investments in overseas assets.