Chinese shares open slightly lower Tuesday
2011-05-24 11:06:40
Chinese shares opened slightly lower Tuesday, with the benchmark Shanghai Composite Index down 0.31 percent to open at 2,766.06.
Insurers eye long-term gain in housing plan
2011-05-24 10:52:53
Seven Chinese insurance companies will invest up to 80 billion yuan ($12.3 billion) to build affordable housing in Beijing.
Timing crucial for crude futures contract
2011-05-24 13:05:17
The Shanghai Futures Exchange (SHFE) still hopes to launch a crude oil futures contract as part of new product offerings, but the timing depends on whether China revises its oil import laws, the general manager of the exchange said on Saturday.
CIC sees investment potential in Russia
2011-05-24 10:27:51
Chinese companies can find rich investment opportunities in Russia through its planned direct investment fund and a new round of privatization, says China Investment Corporation chairman Lou Jiwei.
RRR rises stifle private sector: Economist
2011-05-24 09:43:39
China should rely more on adjusting the interest rate than reserve requirement ratios (RRR) to fight inflation, because RRR rises disproportionately hurt private-sector businesses, said Chen Zhiwu, a senior economist.
ICBC launches dual-currency credit card
2011-05-24 09:19:31
The world's largest commercial bank ICBC launched its bid to promote its dual-currency credit card outside China on Monday -- with international investor Jim Rogers among the first holders.
Hong Kong stocks end down 2.11% - May 23
2011-05-23 16:36:43
Hong Kong stocks closed down 488. 37 points, or 2.11 percent, at 22,711.02 on Monday.
China stock index futures close mixed -- May 23
2011-05-23 16:05:32
China's stock index futures closed mixed Monday with the contract for May up 0.03 percent from the previous close to 3,122.6.
ChiNext Index closes down -- May 23
2011-05-23 16:05:02
The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, edged down 3.94 percent, or 34.53 points, to close at 840.9 Monday.
China Payment and Clearing Association debuts
2011-05-23 15:45:19
China's central bank sent out notifications to many payment service companies about attending an establishment conference Monday for the China Payment and Clearing Association, cnr.cn reported.
Chinese stocks tumble 2.9% to 16-week low
2011-05-23 15:30:00
Chinese shares tumbled 2.93 percent to a 16-week low Monday with the major gauge Shanghai Composite Index down to below 2,800 points, as investors worried about future economic growth under rising inflation pressure.
Int'l board to be yuan-denominated
2011-05-23 09:30:43
The proposed international stock board will be denominated in yuan, reiterated an official with China's securities supervisor during a forum in Shanghai.
