More players in interbank lending
2007-07-10 09:07:42
The central bank yesterday issued new rules on interbank lending, expanding the types of financial institutions allowed in this market.
China allows trusts, insurers into interbank market
2007-07-09 16:59:37
China will allow trust companies, financial leasing firms and insurers to borrow from each other for the first time, as it seeks to develop an interbank market.
Listed firms must unveil non-public issuance details
2007-07-09 09:03:17
China's stock regulator has ordered listed firms to adopt price consultation procedures during their private placements to boost transparency of non-public equity sales.
TCL to produce TD-SCDMA handsets
2007-07-09 08:54:41
Mobile phone manufacturer TCL Communication Technology Holdings Ltd will produce trial TD-SCDMA handsets by this October, the company announced last week.
Central banker: Monetary policies won't target stocks and properties
2007-07-09 16:54:36
the monetary policies from the central bank are not directly aimed at cooling the stock or property market, according to Wu Xiaoling, deputy governor of the bank.
Regulators restrict state sales of stocks
2007-07-09 08:41:50
State shareholders of listed companies can dispose of no more than 5 percent of their total holdings in any period of three consecutive accounting years, the regulators said Friday.
China will merge Huijin into a new investment agency
2007-07-09 08:28:50
China will merge Central Huijin Investment Co into a new agency to better manage mounting foreign reserves, official of the central bank said.
CNPC bought overseas exploration rights
2007-07-09 08:25:26
China National Petroleum Corp has bought the rights to explore for oil in Canada. The company will develop an oil-sands field that is estimated to contain about 2 billion barrels of a thick and hard-to-process form of oil called bitumen.
Stocks up 2.69%, with highest turnover for July
2007-07-09 15:57:07
Chinese stocks continued surging today, with the Shanghai Composite Index closing at 3,883.22, up 101.87 points or 2.69 percent.
Regulators restrict state sales of stocks
2007-07-09 14:25:09
State shareholders of listed companies can dispose of no more than 5 percent of their total holdings in any period of three consecutive accounting years, the regulators said Friday.
Social security fund signed trusteeship deal with ICBC
2007-07-09 14:11:16
The National Council for Social Security Fund signed a trusteeship agreement with the ICBC Friday.ICBC becomes the third entrusted bank of the fund
CNPC bought overseas exploration rights
2007-07-09 14:08:27
China National Petroleum Corp has bought the rights to explore for oil in Canada. The firm will develop an oil-sands field containing about 2 billion barrels of a thick and hard-to-process form of oil called bitumen.