PBOC drains 236b yuan in open market operations

2008-03-14 13:34:39

The People's Bank of China (PBOC) on Thursday drained 236 billion yuan from the interbank market through central bank bill issues and repurchase transactions.

Securities companies grow five-fold in net profit

2008-03-13 15:47:24

China's securities companies increased six-fold in net profit and doubled their asset value on the back of a bullish market last year.

China not to curb CPI at cost of global economy

2008-03-12 22:09:51

China's Commerce Minister Chen Deming pledged on Wednesday that the country will not curb consumer price index (CPI) rises at the expense of affecting the global market.

CPI leaps to 8.7% in February, 11-year high

2008-03-11 11:33:15

Inflation in February rose 8.7 percent year on year, the fastest monthly rise in more than a decade, said China's National Bureau of Statistics.

PBOC drains 175b yuan in market operations

2008-03-11 21:00:51

The People's Bank of China (PBOC) on Tuesday drained 175 billion yuan from the interbank market through central bank bill issues and repurchase transactions.

Securities official calls for emergency mechanism

2008-03-10 14:36:42

The Chinese stock market needs an emergency mechanism instead of temporary measures to keep its major indices from continuous slumps, a senior securities official said on Sunday.

Wu: More hot money to flow into China

2008-03-10 13:49:48

Hot money will keep flowing into China due to the country's rosy economic outlook and its appreciating currency, and not just because of its stock market, said Wu Xiaoling.

HK direct stock investment trial 'on track'

2008-03-10 06:50:43

Tianjin's mayor assured investors yesterday that the city's pilot program, allowing mainlanders to invest in Hong Kong-listed shares, is on track.

Regulator gives nod to 5th batch of stock funds

2008-03-08 13:37:49

The securities regulator had just given the nod to the fifth batch of stock funds, according to Saturday's China Securities Journal.

Sluggish stocks spur new interest in bonds

2008-03-06 10:53:48

Investors are turning to bonds and other alternative investment vehicles amid a lackluster stock market.

Rules on growth enterprises board to come out

2008-03-06 14:59:02

Preparations for China's first growth enterprises board are close to completion, and a draft of its management regulations will be released as early as in April.

Greater flexibility called for in macro-control measures

2008-03-05 09:43:13

The government should increase the flexibility of macro-control measures to achieve better economic growth, said Ma Weihua, a CPPCC member.