Moves afoot for hog futures
2007-08-14 09:22:29
Dalian Commodity Exchange yesterday said it is speeding up preparations for the debut of hog futures -- the first livestock futures contract introduced in China.
Regulators work on cross-market system
2007-08-14 09:18:05
The securities regulator yesterday announced an agreement to establish a cross-market system to supervise and coordinate the stock market and the index futures market.
Listing plan on the cards for Everbright
2007-08-14 09:14:49
China Everbright Bank said yesterday it expects to finish its financial restructure by the end of September and will seek a public listing as early as next year.
Curbs on forex holdings scrapped
2007-08-14 09:11:29
China yesterday scrapped rules requiring companies to convert part of their current account forex holdings into renminbi.
Inflation surges to 10-yr high
2007-08-14 09:06:47
Surging food prices drove the consumer price index to 5.6 percent in July - the highest in a decade - the National Bureau of Statistics said.
Market responds to CPI result smoothly
2007-08-13 16:35:44
The stock market handled the release of July's CPI results this morning smoothly, as the 10-year high 5.6 percent growth in CPI was apparently anticipated.
Shenzhen Airlines eyes $1b IPO
2007-08-13 16:01:37
Shenzhen Airlines plans to raise up to US$200 million from selling a 20 per cent stake to investors and then go on to raise at least US$1 billion from an IPO as early as next year, people familiar with the company said.
Consumer price inflation hits 10-year high
2007-08-13 14:20:11
Consumer price inflation in China accelerated to the highest level in more than 10 years as food prices continue to rise, raising the pressure for the fourth interest rate hike this year.
Money supply rises 18.5% in July
2007-08-13 14:22:00
By the end of July, the broad measure of the money supply, M2, went up 18.5 percent year-on-year to 38.4 trillion yuan, according to the central bank.
Foreign trade nears $1.2 trln in 1st 7 months
2007-08-13 08:50:30
The Chinese mainland's foreign trade reached US$1.17 trillion, up 24.4 percent, in the first seven months of 2007, customs sources said.
Nasdaq expects to list 23 more Chinese companies by year end
2007-08-13 08:46:44
China is very likely to become Nasdaq's biggest source of non-US listings by the end of 2007, according to NASDAQ Stock Market vice chairman Michael Oxley.
Central bank: China a responsible investor in int'l financial market
2007-08-13 08:42:59
In response to a media report saying that "China threatens to trigger U.S. dollar crash", the country's central bank said here Sunday that China is a responsible investor in the international financial market.