Online clothing retailer plans US listing
2008-03-07 09:37:09
Online clothing retailer PPG said yesterday it plans to list in the US toward the end of this year or in early 2009, either on the New York Stock Exchange or the NASDAQ.
Index rises 1.6% on stamp tax comment
2008-03-06 17:16:32
Mainland stocks went up more than one percent on Thursday, echoing the financial regulator's comments on stamp tax, but worries still remain on Ping An's record share sale.
Sluggish stocks spur new interest in bonds
2008-03-06 10:53:48
Investors are turning to bonds and other alternative investment vehicles amid a lackluster stock market.
Port of Qingdao plans A-share listing
2008-03-06 11:56:48
Port of Qingdao (Group) Co Ltd will hold its A-shares initial public offering (IPO) this year, board chairman and president Chang Dechuan said.
BOC cuts subprime securities
2008-03-06 11:19:46
Bank of China Ltd (BOC), the Chinese lender with the largest portfolio of subprime-related investments, has sold some of those securities, Chairman Xiao Gang said.
Rules on growth enterprises board to come
2008-03-06 14:59:02
Preparations for China's first growth enterprises board are close to completion, and a draft of its management regulations will be released as early as in April.
Cathay Pacific may raise stake in Air China to 20%
2008-03-06 12:06:54
Cathay Pacific Airways Chairman Christopher Pratt said he hasn't ruled out plans to raise its stake in Air China up to 20 percent.
Ping An's refinancing plan approved
2008-03-06 09:07:35
Ping An won shareholder approval for a revised, smaller refinancing plan, which would involve issuing about 80 billion yuan worth of shares and 40 billion yuan of convertible bonds.
Smaller rural banks encouraged to go public
2008-03-05 16:18:21
China's smaller rural banking institutions are encouraged by the industry regulator to get listed on stock markets when conditions are ready.
Stocks fall on steel, property declines
2008-03-05 17:02:25
Chinese shares slid nearly one percent on Wednesday, extending previous falling and led by weak steel and property stocks.
Nation to establish growth enterprises board
2008-03-05 13:57:06
China will establish a stock market for growth enterprises this year, said Premier Wen Jiabao while delivering a government work report today.
Greater flexibility called for in macro-control
2008-03-05 09:43:13
The government should increase the flexibility of macro-control measures to achieve better economic growth, said Ma Weihua, a CPPCC member.