China banks ratchet up lending rates to ration credit
2011-01-26 09:19:19
Some Chinese banks have drastically raised lending interest rates or halted loan approval altogether to comply with government orders to rein in the pace of credit growth, media reported on Wednesday.
Chinese shares close lower Tuesday
2011-01-25 15:38:41
Chinese stocks closed lower Tuesday with the benchmark Shanghai Composite Index down 0.68 percent, or 18.29 points, to 2,677.43 points.
Chinese PE firm Yun Feng raises $1.52b
2011-01-25 15:06:47
China's private equity fund Yun Feng Capital has raised about 10 billion yuan ($1.52 billion) through two funds to invest in Internet, consumer and new energy firms in China, its chairman David Yu said.
Renminbi trades close to a 17-year high
2011-01-25 14:34:49
China's yuan traded near a 17-year high on speculation policymakers will allow the currency to strengthen to help curb inflation.
China's ICBC opens branch in Madrid
2011-01-25 14:01:58
The Spanish branch of Industrial and Commerce Bank of China (ICBC) was officially inaugurated in Madrid Monday.
First offshore RMB CD issued in Macao
2011-01-25 11:09:13
Macao Branch of BOC (Bank of China) announced Monday the issuance of the inaugural offshore renminbi Certificate of Deposit (RMB CD), the first of its kind in Macao, totaling to 1 billion yuan ($151 million).
ICBC sets tone as it takes over US bank
2011-01-25 10:57:36
Industrial and Commercial Bank of China Ltd (ICBC) has agreed the first Chinese takeover of a US retail bank, boosting financial ties between the world's two largest economies as President Hu Jintao concluded a four-day visit to the nation.
New rules for IPOs as share prices slide?
2011-01-25 09:48:24
The latest wave of new shares dropping below their initial public offering (IPO) prices on the A-share market may prompt the securities regulator to implement new rules to further reform the IPO pricing system, analysts said.
Bonds beat stocks in early year trade
2011-01-25 09:25:07
Chinese companies have raised over three times more from bonds than from equities so far this year. The figures indicate a record start for the debt market as government efforts to restrain inflation curbed access to loans and the stock market.
Chinese shares fall on inflation, monetary policy tightening fears
2011-01-24 17:23:42
Chinese stocks weakened Monday as concerns about inflation and monetary policy tightening dented investor confidence.
Housing price may rise 12.8% this year: Report
2011-01-24 16:58:15
Chinese Academy of Sciences' Center for Forecasting Science predicted the average housing price per square meter could rise 12.77 percent year-on-year to 5,711.5 yuan ($867.6) in 2011, Ccstock.cn reported Monday.
Chinese corporate bond sales have busiest start
2011-01-24 16:32:56
Chinese companies raised over three times more from bonds than from equities this year, Bloomberg reported Monday.
