CBRC updates credit card rules
2011-01-28 10:01:24
The China Banking Regulatory Commission (CBRC) has tightened the rules on the issuance and use of credit cards to limit misuse in the business.
SAIC jumps in Shanghai trading
2011-01-28 08:04:01
SHANGHAI - SAIC Motor Corp, China's largest carmaker, jumped to the highest level in a month in Shanghai trading on speculation the company's shares are undervalued as economic growth will sustain industry earnings.
Copper leads stock advance
2011-01-28 08:04:01
Stocks on the Chinese mainland rose, led by copper producers and automakers, as investors bought shares of companies that will benefit from an improving global economy.
China and France preparing for monetary reform summit
2011-01-28 08:04:01
France is trying to engage China in a push to reform the international monetary system and is preparing for a seminar on the topic in China at the end of March.
CBRC updates credit card rules
2011-01-28 08:04:01
BEIJING - The China Banking Regulatory Commission (CBRC) has tightened the rules on the issuance and use of credit cards to limit misuse in the business.
Banks await lending limit for 2011
2011-01-27 13:09:06
China has not decided the commercial banks' annual lending limit for 2011 yet, Liu Mingkang, chairman of the country's top banking regulator said in Davos on Jan 26, China Securities Journal reported Thursday.
Commercial banks' bad loans fall in 2010
2011-01-27 10:04:42
China's banking watchdog said Wednesday Chinese domestic commercial banks' balance of non-performing loans (NPL) decreased 14 percent through 2010 to stand at 429.3 billion yuan ($65.17 billion) at year-end.
Shares in art works offered to small investors
2011-01-26 17:45:57
A pilot art market opened Wednesday in north China's Tianjin city to allow small investors to buy shares in the ownership of art works previously traded only in auction houses by the super rich.
Banks call off housing loan preference in Beijing
2011-01-26 11:00:22
Three commercial banks in Beijing have abolished the 15 percent interest rate discount on first housing loans, the Beijing Times reported Tuesday.
Draft issued on QFII index futures trading
2011-01-26 10:06:52
The China Securities Regulatory Commission issued a draft regulation for foreign investors under the Qualified Foreign Institutional Investors program to trade stock index futures in a move to further open the country's financial market.
Property prices 'will continue to increase'
2011-01-26 10:04:09
Property prices are unlikely to fall this year and are expected to rise, at least in the short term, despite tightening monetary policies and the expected availability of more affordable housing.
Chinese banks lent 1.2t yuan in Jan: Report
2011-01-26 09:35:29
China's commercial banks have issued 1.2 trillion yuan ($182.3 billion) of new loans in January, accounting for as much as 17 percent of the estimated full-year 2011 quota, China Business News said on Wednesday.
