Listed companies doubled average value in 2007

2008-01-10 10:08:51

The average market value of Chinese listed companies in 2007 rose 235 percent year-on-year to stand at 21.2 billion yuan ($2.9 billion).

Goldman to inject $300m in China fund

2008-01-11 10:06:52

Goldman Sachs Group Inc plans to inject $300 million into a private equity fund being set up by its China partner, the Wall Street Journal reported.

Securities firms set sail for overseas investment

2008-01-10 14:43:02

Three securities firms have acquired QDII status this week, becoming the fresh force that might rekindle local residents' enthusiasm for investing abroad.

Securities firms post strong earnings in 2007

2008-01-10 10:34:39

The number of Chinese securities firms with an annual stock turnover of more than one trillion yuan rose to 21 in 2007 from two in the previous year.

Gold futures jumps higher upon debut

2008-01-09 10:47:45

China's gold futures contracts began trading today at Shanghai Futures Exchange as all contracts surged higher.

Gome eyes mainland listing

2008-01-08 11:33:25

China's top appliance retailer Gome is gearing up to mainland listing and is waiting for regulator's approval, its spokesperson said.

Top 10 M&A bids in 2007 picked

2008-01-08 10:32:49

Last year witnessed hectic merger and acquisition activity, with blockbuster buyout deals often altering the competitive landscape in a number of industries.

Morgan Stanley to offload CICC

2008-01-08 07:21:33

US financial services firm Morgan Stanley plans to sell its entire stake in China International Capital Corp (CICC), the nation's first investment bank, sources close to the two companies said yesterday.

Chinese swoop on wealth products

2008-01-05 11:41:13

Sales of individual wealth management products in China shot up in the last quarter of 2007 as banks expanded their offerings.

Managers scramble for CIC

2008-01-05 09:01:19

China Investment Corp (CIC) has received more than 100 applications from money managers to help it invest in global equity markets, a source said.

Copper, zinc soar to limits

2008-01-05 08:59:58

Copper and zinc futures jumped to the daily limits in Shanghai on Friday, aided by a global price surge.

Chinese funds expand more than two times in 2007

2008-01-04 08:40:45

Chinese funds have struck a spectacular growth in 2007, as they now managed 3,199.74 billion yuan (US$438.32 billion), more than two times the money they had in 2006.