ICBC's small business lending Q1 balance surges 53.5b yuan
2011-05-12 09:42:20
Industrial and Commercial Bank of China (ICBC), the country's largest bank, said Wednesday that the balance of its lending to small businesses surged 53.5 billion yuan ($8.24 billion) in the first quarter of 2011.
China to float 32.5b yuan in book-entry T-bonds Thursday
2011-05-12 09:15:53
China's Ministry of Finance (MOF) said on Wednesday it will float 32.52 billion yuan ($5.01 billion) in seven-year book-entry treasury bonds starting Thursday.
New yuan lending 'still very high'
2011-05-12 09:00:26
China's new yuan lending in April stood at 739.6 billion yuan ($113.8 billion), 8.8 percent higher than that in March.
Gold price closes higher in Hong Kong -- May 11
2011-05-11 17:48:08
The gold price in Hong Kong moved up HK$156 to close at HK$14,156 per tael on Wednesday, according to the Chinese Gold and Silver Exchange Society.
HK stocks edge down as heavyweight falls - May 11
2011-05-11 17:02:14
Hong Kong stocks slipped on Wednesday as heavyweight HSBC fell. The benchmark Hang Seng Index moved down 44.2 points to close at 23,291.8 points, after trading between a day high of 23,509.01 points and a day low of 23,232.42 points.
CDB lends 90b yuan to rebuild Sichuan quake zone
2011-05-11 16:43:59
China Development Bank, one of the three policy banks in China, said on Wednesday that by the end of last month, it had issued 90.3 billion yuan ($13.89 billion) to rebuild areas hit by a devastating earthquake in southwest China's Sichuan province in 2008.
China to continue prudent monetary policy
2011-05-11 16:26:38
China will continue to implement a prudent monetary policy, a People’s Bank of China (PBOC) official told China Business News on Tuesday.
ChiNext Index closes lower -- May 11
2011-05-11 16:02:04
The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, edged down 0.13 percent, or 1.25 points, to 929.95 Wedensday.
China stock index futures close down -- May 11
2011-05-11 16:00:58
China's stock index futures closed lower Wednesday with the contract for May, the most actively traded, down 0.26 percent from the previous close to 3,139.8.
Chinese shares drop slightly after inflation data - May 11
2011-05-11 15:28:22
Chinese shares dropped Wednesday after the release of inflation data which rose 5.3 percent in April from a year ago.
Kazakhstan bank mulls converting reserves to RMB
2011-05-11 15:08:15
The National Bank of Kazakhstan does not rule out converting part of its foreign reserves to Chinese yuan if it becomes an internationally recognized reserve currency, the bank CEO said Tuesday.
Xinjiang to boost RMB settlement in cross-border trade
2011-05-11 14:40:57
China's northwestern Xinjiang Uygur autonomous region aims to have five percent of its foreign trade settled in yuan, China's official currency, in 2011 as the country continues to push for the use of the yuan in international trade.
