China top choice for investors

2007-07-05 08:52:40

China is the most attractive destination for foreign investment, according to a survey conducted by leading global professional services firm Ernst & Young.

Regulator gives nod to novel fund

2007-07-04 13:02:10

ICBC Credit Suisse Asset Management Co said yesterday it has won regulatory approval to unveil an innovative mutual fund, set to catch up with rival UBS AG's mainland fund venture to upgrade product scope.

Stamp tax hike pumps $21.6b into State coffer

2007-07-04 13:17:05

The stamp revenue reached 32.4 billion yuan in June, making an additional revenue of 21.6 billion yuan due to the May 30 stamp tax hike for stock transactions.

The long road to index futures trading

2007-07-04 08:55:28

The debut of CSI300 index futures is testing the patience of many market participants, particularly institutional stock investors who would welcome an effective hedging tool to help minimize risks.

Equity funds post first decline in June

2007-07-04 08:49:19

Due to the recent downturn in the stock market, Chinese equity funds have posted their first monthly decline in combined assets since last July.

New index to track AH share price gaps

2007-07-03 13:47:06

A new index will enable investors to track the price gap between shares of companies traded on both the Hong Kong and Shanghai bourses.

Yuan hits new high against dollar

2007-07-03 13:43:14

China's currency hit a new high against the US dollar on Tuesday as the country's trade surplus is projected to top US$100 billion in the first half of the year.

State-asset company prepares for brokage

2007-07-03 08:40:53

China Orient Asset Management Corp is on track to hire investment bankers and researchers, among other staff, for a securities arm that it is preparing to set up, sources said yesterday.

Mutual funds leap in 1st half, top US$198.4b

2007-07-02 12:24:14

The net asset value of China's mutual funds had grown to 1.51 trillion yuan by the end of June, up 77 percent from the end of 2006, the Shanghai Securities News reported.

Corporate bonds set to take off in China

2007-07-02 08:31:40

China's corporate bond market, which has struggled compared with stocks and treasury bonds, is expected to get a lift as regulators finish soliciting opinions on a draft regulation of its issuance.

QFII fund suffers from US$1.79b redemption

2007-06-28 15:21:24

Recent data shows the FTSE/Xinhua ishare A50 China Fund, the largest fund raised by QFII, suffers from the largest amount of redemption of the past four months.

Index futures edge closer

2007-06-28 08:40:21

The China Financial Futures Exchange yesterday said the CSRC has approved the trading rules, a crucial step toward the launch of the mainland's first index futures market.