China Mining United Fund seeks IPO in HK, mainland this year
2011-04-07 14:46:47
China Mining United Fund, a private company focused on mining-related investments, said on Wednesday it plans an initial public offer for its energy and gold assets this year, Reuters reported.
PBOC does 107b yuan repos, injects 28b yuan to market
2011-04-07 14:36:39
China's central bank will drain 10 billion yuan ($1.5 billion) from the money markets through 91-day bond repurchase agreements and 97 billion yuan through 28-day bond repurchase agreements on Thursday, Reuters reported.
China Merchants Bank to boost transformation
2011-04-07 14:34:22
Chief Executive Officer of China Merchants Bank (CMB) Ma Weihua said on Wednesday that CMB will promote its transformation in the next three to five years amid new economic challenges.
Ecobank opens 'China desk' to manage Africa loans
2011-04-07 12:31:35
Pan-African bank will open a China desk next week aimed at easing the flow of Chinese loans for African infrastructure projects.
Banks see 'controllable risk' in letters of guarantee in Libya
2011-04-07 11:16:22
The business of China Construction Bank Corp (CCB) in Libya is on a limited scale and currently there is no related "actual loss".
Sharp rise in 'malicious' credit cheats
2011-04-06 16:52:48
The capital has seen a sharp rise in the number of shoppers who max out on credit cards and refuse to repay, according to new research.
Growth may support prices of commodities
2011-04-06 10:54:36
China's economy will maintain "stable" growth of 7 to 8 percent a year, supporting demand for commodities including aluminum and copper.
Sales fall as tightening policies bite
2011-04-06 10:22:39
China's key cities experienced a big fall in property sales last month over the same period in 2010, showing that tightening real estate policies are beginning to bite, China Index Academy said in a report on Tuesday.
Beijing wants private investments in public housing
2011-04-02 16:16:45
Beijing is seeking nongovernment capital to contribute 60 percent of the budget and may encourage it to fund the city’s subsidized housing construction, Beijing News reported Saturday.
SAFE expects int'l payment surplus in 2011
2011-04-02 11:20:11
China is set to maintain an international payment surplus in 2011, the State Administration of Foreign Exchange (SAFE) said on its website on April 1.
China revises up capital account surplus to $226b
2011-04-02 10:39:02
China revised its 2010 capital and financial account surplus to $226 billion, significantly bigger than its original estimate of $165.6 billion, the State Administration of Foreign Exchange said on Friday.
BOC HK cuts yuan deposit interest rate
2011-04-02 10:34:02
Bank of China (BOC) Hong Kong Ltd has cut its interest rate for yuan deposits in Hong Kong. That's after money held in accounts rose to a record in February, reflecting increased demand for trade and investment in the currency.
