Markets slide for fifth day

2011-05-26 11:03:36

Stocks on the Chinese mainland fell for a fifth day on Wednesday.

HSBC expects glitter in gold market

2011-05-26 10:33:32

HSBC Holdings PLC, Europe's biggest bank, said on Wednesday that it's bullish about the gold market despite price fluctuations earlier this month.

Chinese financial leasing firms' assets hits 364b yuan

2011-05-25 17:47:14

China's financial leasing industry has reported rapid growth in recent years, as the total assets of the country's 17 financial leasing companies jumped to 364 billion yuan ($56 billion) at the end of March this year.

Offshore RMB growth set to continue: HSBC

2011-05-25 15:41:13

The pace of offshore renminbi (CNH) growth is set to continue, said HSBC in its latest research, adding that the organic growth of the CNH market in most recent end-1Q data has been breathtaking.

Chinese shares fall for 5th trading day - May 25

2011-05-25 15:28:36

Chinese shares fell for the fifth consecutive trading day on Wednesday, with the benchmark Shanghai Composite Index down 0.91 percent, or 25.32 points, to 2,741.74.

Stocks hit by further tightening concerns

2011-05-25 11:01:24

Stocks on the Chinese mainland fell for a fourth day on Tuesday. The retreat came on concern that government measures to cool inflation are slowing the world's second-biggest economy.

CICC to buy 35% of Zheshang

2011-05-25 10:35:59

China International Capital Corp (CICC), the nation's top-ranked investment bank last year, is set to become the first domestic securities firm to take control of a trust, said a person with direct knowledge of the matter.

Gold price closes higher in Hong Kong - May 24

2011-05-24 17:29:19

The gold price in Hong Kong closed up HK$102 at HK$14,120 per tael on Tuesday, according to the Chinese Gold and Silver Exchange Society.

Hong Kong stocks close up 0.09% - May 24

2011-05-24 16:31:40

Hong Kong stocks rose 19.76 points, or 0.09 percent, to close at 22,730.78 on Tuesday.

Dagong downgrades UK credit

2011-05-24 13:10:38

China's first domestic rating agency, Dagong Global Credit Rating Co Ltd, on Tuesday downgraded the local and foreign currency long-term sovereign credit rating of the United Kingdom by one level to A+ from previous AA- with "negative" outlook.

Tightening, EU hit markets

2011-05-24 13:01:46

China's benchmark stock index fell the most in four months on Monday, erasing this year's gain.

CDB buys TPG stake

2011-05-24 11:12:35

China Development Bank (CDB) Corp's investment unit has agreed to purchase a stake in the US buyout company TPG Capital, said a person with knowledge of the matter.