Shanghai exchange prepares for int’l board
2011-06-08 10:30:41
Overseas companies will be able to offer yuan-denominated shares to domestic investors.
Yuan advances to record high Wednesday
2011-06-08 09:55:40
The Chinese currency Renminbi, or the yuan,strengthened 21 basis points to hit 6.4795 per US dollar on Wednesday, according to the China Foreign Exchange Trading system.
Coal and property fuel private-capital boom
2011-06-08 09:48:19
Gao Shan, the owner of a private coal mine and a property company, had no idea what private equity (PE) was until a local fund manager approached him earlier this year with an investment proposal promising a 10-fold return within three years.
Yuan advances to record high Tuesday
2011-06-07 11:04:29
The Chinese currency Renminbi, or the yuan, strengthened 30 basis points to hit 6.4816 per US dollar on Tuesday, according to the China Foreign Exchange Trading system.
China's capital market faces 3 problems
2011-06-07 10:11:01
China's capital market faces three problems namely marketization, market structure and cultural factors, a senior official with China Securities Regulatory Commission has said.
Increase in interest rates likely
2011-06-06 09:25:37
The People's Bank of China is likely to increase the interest rates banks must pay on deposits and the amount of money banks are required to hold in reserve.
China to continue prudent monetary policy
2011-06-04 10:52:39
The People's Bank of China, the country's central bank, reiterated Friday it would continue to implement a prudent monetary policy this year.
Money market rate falls as PBOC adds cash
2011-06-03 14:13:40
China's money-market rate dropped to a three-day low as the central bank injected the most cash into the financial system in five weeks.
Benchmark hits four-month low
2011-06-03 11:06:08
Stocks on the Chinese mainland fell on Thursday, driving the benchmark index to the lowest level in more than four months. The retreat came on concern that slowing economic growth and government tightening policies will hurt corporate earnings.
Pressure taking its toll on investors' health
2011-06-03 10:02:50
More than 60 percent of investors in the stock market in China say they regularly experience negative moods, according to a recent health survey.
Central bank to sell 38b yuan bills Thursday
2011-06-02 14:08:57
China's central bank said on Wednesday that it would auction a combined 38 billion yuan ($5.9 billion) of three-month and three-year bills on Thursday, stepping up its money market operations as liquidity conditions have improved.
Macro-prudential policy framework urged
2011-06-02 11:00:28
The time is right for China to adopt a macro-prudential policy framework in order to facilitate financial reforms in the post-global financial crisis era, the country's central bank governor said Wednesday.