CSRC: No plan on A, H share convergence
2007-10-19 14:53:12
The China Securities Regulatory Commission last night refuted international media reports that the securities regulator is studying the feasibility of making A and H shares convertible.
China Life reports US$21b in premiums
2007-10-19 14:04:05
China Life Insurance Co Ltd, the nation's largest life insurer, raked in 158.6 billion yuan (US$21.1 billion) in premiums in the first nine months of 2007.
Insurer may list in November
2007-10-19 09:44:43
China Pacific Insurance (Group) Co is expected to go public in Shanghai in November to raise 15-20 billion yuan.
Stocks plunge 3.5% on A, H share merger speculation
2007-10-18 16:05:54
Chinese stocks experienced turbulent swings today, as wide-spread speculation on possible reforms making A and H shares convertible triggered panic selling in the market.
ICBC spreads global reach
2007-10-18 11:16:57
People pass an Industrial and Commercial Bank of China outlet in Shanghai. The bank is looking at mergers and acquisitions to boost its fledgling overseas business. [China Daily]
PetroChina boosts exploration budget
2007-10-18 10:11:06
Exploration will be ramped up at Daqing Oilfield to prove more reserves in the next decade, according to a source from the country's top oil company.
Danone snaps ties with Bright
2007-10-17 14:05:18
Bright Dairy products on sale at a Shanghai supermarket. Groupe Danone SA, the world's largest yogurt maker, has terminated its collaboration with Bright Dairy, after it failed to get the majority stake in the Chinese firm. [China Daily]
Oil, gold tumble in Shanghai
2007-10-18 10:29:01
Oil and gold prices in China corrected yesterday after surging for days on international markets amid growing concern about political tension in the Middle East and the weakening US dollar.
NDRC: No sign of severe inflation despite high CPI growth
2007-10-17 13:42:36
China's consumer price index (CPI) grew 4.1 percent in the first nine months of this year, compared with the same period of 2006.
Shang: QFII quota likely to triple by year end
2007-10-17 11:24:16
China is likely to triple the quota for overseas institutions from US$10 billion to US$30 billion by the end of this year, the nation's securities regulator said.
SASAC denies '30 central SOEs' overall listing' reports
2007-10-17 10:44:17
The State-owned Assets Supervision Administration Commission denied media reports that 30 central Stated-owned enterprises are planning overall listing on Chinese exchanges.
Investors warned of risks
2007-10-17 09:03:37
The securities watchdog yesterday warned investors of mounting risks as the mainland's stock market continued its bull run.