Exchange dishes out safety tips to players
2007-06-15 08:52:26
Investors should not chase loss-making firms on speculation over restructuring and must take a longer view relating share prices against earnings, the exchange said yesterday.
Five banks approved to lease
2007-06-15 08:27:26
China has given the nod to five commercial banks to deal in the financial leasing business, a banking regulator said yesterday.
Number of central enterprises to reduce
2007-06-15 08:30:57
The Chinese government will integrate existing enterprises under the direct management of the central government into 80-100 by the end of 2008, a government official said.
CSRC will approve corporate bond issuance
2007-06-14 08:25:24
The China Securities Regulatory Commission will be able to approve the issuance of bonds with durations above one year by Chinese listed companies, according to a draft rule.
Rules addressing media accuracy set
2007-06-13 09:00:41
The Shenzhen Stock Exchange has asked listed firms to double check information they provide during news media interviews before it is published to ensure price-sensitive data are not revealed improperly.
Bourse bans buying stock with loans
2007-06-12 14:16:11
Listed firms must not trade equities with bank loans and must seek shareholder approval before large investments, according to guidelines from the Shenzhen Stock Exchange.
Central bank urges investment checks
2007-06-11 13:56:13
China's three financial regulatory bodies should team up to supervise individual investment products sold in the nation, the central bank deputy governor said over the weekend.
Mainland banks are allowed to issue renminbi bond in Hong Kong
2007-06-11 10:51:04
The regulations on Chinese mainland banks' renminbi bond issuance in Hong Kong jointly issued by the central bank and the top economic planner came into effect on Friday.
Gold Exchange is to enroll foreign banks
2007-06-11 11:21:58
The central bank said on Friday it had agreed in principle that foreign banks operating in China could be enrolled as members of the Shanghai Gold Exchange.
Shenzhen brokers are asked to update info
2007-06-08 13:53:17
Shenzhen Stock Exchange has asked member brokers to update their basic information as the bourse moves to support the brokerages' battle against wrongdoings.
No plan on capital gains tax yet, says report
2007-06-07 10:55:54
China has no plans yet to levy a capital gains tax, reports a major securities newspaper Thursday, citing official sources.
Investment approval for firms eases
2007-06-07 10:40:36
China eased the approval process for state-owned companies investing abroad as the government tries to narrow the surplus of incoming payments from overseas.