China UnionPay, CCB in mobile payment pact
2011-06-29 15:46:14
China UnionPay, one of the world's leading bank card associations, signed a framework agreement with China Construction Bank (CCB) on Tuesday to explore a mobile phone payment program.
China stocks close down Wednesday
2011-06-29 15:44:46
Chinese shares fell on Wednesday with the benchmark Shanghai Composite Index down 1.11 percent, or 30.72 points, to close at 2,728.48.
SunArt plans Hong Kong IPO
2011-06-29 11:28:50
SunArt Retail Group Ltd, the Chinese hypermarket operator backed by France's Group Auchan SA, plans to raise as much as HK$8.2 billion ($1.1 billion) in a Hong Kong initial public offering.
Pork producer's shares slide
2011-06-29 11:27:06
China Yurun Food Group Ltd dropped in Hong Kong trading, extending the company stock's record 20 percent plunge on Monday.
Markets continue upward trend for 6th day
2011-06-29 11:26:43
Most stocks on the Chinese mainland rose, sending the benchmark index to a sixth day of gains, on speculation that Europe's debt crisis is easing and Chinese inflation is peaking, reducing the need for further increases in interest rates.
Official confident in China’s IPO market
2011-06-28 16:30:32
China became the world’s largest initial public offering (IPO) market in 2010 and will cement this position during the next 10 years, the Guangzhou-based Yangcheng Evening News reported Monday, citing an official from the country’s securities watchdog.
China stocks close up Tuesday
2011-06-28 15:44:49
Chinese shares rose slightly Tuesday with the benchmark Shanghai Composite Index up 0.04 percent, or 0.97 points, to close at 2,759.2.
Valuations show good time to buy
2011-06-28 14:13:44
The lowest Chinese stock valuations since economic growth collapsed three years ago have sent a signal to the country's biggest brokerages that it's time to buy.
Local govts run up huge debts
2011-06-28 13:24:32
Local governments had an overall debt of 10.7 trillion yuan ($1.65 trillion) by the end of 2010, said China's top auditor on Monday in a report to the National People's Congress.
Tale of an "apple village head"
2011-06-28 11:11:37
"Wanna be rich? Grow apples; Wanna be super rich? Raise pigs. Wanna be super, super rich? Grow apples and raise pigs." The slogan is worded by Ye Weiqiang, a college graduated "village head," to sell his get-rich "bible" to farmers.
Chengdu bank plans Shanghai IPO
2011-06-28 11:05:23
Bank of Chengdu Co Ltd, a Sichuan-based city commercial bank, is planning an IPO on the Shanghai Stock Exchange's A-share market, as it moves to replenish its capital to boost future growth.
China to amend individual income tax law
2011-06-28 10:27:12
The top legislature on Monday started its second reading of an amendment to the country's individual income tax law.
