New China Life files for up to $4b IPO
2011-08-11 15:42:08
New China Life, the country's third-largest life insurer, has filed with the Hong Kong stock exchange for a planned IPO of up to $4 billion in Hong Kong and Shanghai.
Guangfa Bank needs 'good window' for $5.5b IPO
2011-08-11 13:52:26
China's Guangfa Bank is waiting for a "good window" to launch its 35 billion yuan ($5.5 billion) dual-listing in Hong Kong and Shanghai.
Emerging markets slide 'near end'
2011-08-11 11:45:38
The lowest developing-nation equity valuations since January 2009 are a sign that the MSCI Emerging Markets Index's worst tumble in three years is nearing an end, according to strategists at three of the world's biggest banks.
BofA negotiates to sell China bank stake: sources
2011-08-11 11:22:49
Bank of America Corp has held exploratory talks with the principal investment funds of Kuwait and Qatar about selling part of its stake in China Construction Bank.
Hong Kong stocks fall 2.35%
2011-08-11 10:56:53
Hong Kong stocks went down 464. 24 points, or 2.35 percent, to open at 19,319.43 on Thursday, tracking lost on Wall Street overnight.
Banks and commodity producers help stocks to advance
2011-08-11 10:25:29
Stocks on the Chinese mainland rebounded from a more than one-year low on speculation the government may delay interest-rate increases after Premier Wen Jiabao urged global cooperation to stabilize financial markets.
HK investors jittery over US, Euro zone economy
2011-08-11 10:14:24
Hong Kong stocks staged a big rally on Wednesday. Analysts here said the market is likely to continue recovering as the Federal Reserves' pledge to keep the rates low may help investors somehow regain confidence.
Yuan rises to 17-year high against the greenback
2011-08-11 09:43:49
The exchange rate of the yuan against the dollar rose to a 17-year high after the US Federal Reserve Board announced it will maintain interest rates at a record low and amid a global stock market rebound.
China Railway drops $966m share placement plan
2011-08-11 09:42:14
China Railway Group , the country's largest railroad builder, has dropped a plan to raise about 6.2 billion yuan ($966 million) via a share placement, Reuters reported.
China to float 28b yuan more in T-bonds
2011-08-11 09:13:33
The Ministry of Finance (MOF) said on Wednesday that it will sell 28 billion yuan ($4.36 billion) more in 30-year book-entry treasury bonds starting Thursday.
Hong Kong stocks close 2.34% higher--August 10
2011-08-10 16:59:47
Hong Kong stocks gained 452.97 points, or 5.66 percent, at 19,783.67 on Wednesday.
ChiNext Index closes up -- August 10
2011-08-10 15:53:09
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose 12.99 points, or 1.48 percent, to 891.75 on Wednesday.
