Listing is not Chinese banks' sole solution

2007-06-07 15:33:41

Effective corporate governance still remains the most important, while listing is only the first step of banking reforms.

Mainland IPOs may set record

2007-06-07 15:02:03

Chinese mainland companies are expected to raise a record amount of money this year in initial public offerings, Ernst & Young LLP said.

No plan on capital gains tax yet, says report

2007-06-07 10:55:54

China has no plans yet to levy a capital gains tax, reports a major securities newspaper Thursday, citing official sources.

Steel firms' profits forecast to slow down

2007-06-07 09:02:02

Profit growth in China's steel sector, the biggest in the world, is forecast to slow sharply this year after a blistering pace in the first quarter.

Companies need 'more options'

2007-06-07 08:42:30

China should expand local companies' fundraising options by letting commercial banks invest in private-equity funds, Vice-Governor of the Central Bank said.

Bourse orders disclosure meetings

2007-06-06 14:59:27

Shenzhen Stock Exchange has asked firms with improper information disclosures to communicate with investors directly, make apologies and unveil remedy plans.

CITIC Securities plans share offer

2007-06-06 10:49:40

CITIC Securities Co, the most profitable brokerage in China, plans to sell 350 million new shares for finance expansion, according to Bloomberg News.

ICBC reclaims banking crown

2007-06-06 08:35:42

Following its successful IPO in October, the Industrial and Commercial Bank of China has reclaimed first spot in Top 100 Chinese Banks.

IBM, Lehman Bros buy stake in firm

2007-06-05 14:36:16

A private equity fund formed by Lehman Brothers and IBM has agreed to buy a stake in Kingdee, a Chinese software company for HK$132 million

S Korean listing could trigger ripple effect

2007-06-05 07:01:51

The Korea Exchange on Friday announced it had given a Chinese company the greenlight to float shares on the bourse.

Turnaround forecast for TCL after restructuring

2007-06-02 16:38:40

TCL, one of China's major television and mobile phone makers, is expected to turnaround its ailing European operations with a major restructuring ending this month.

No global punch in stock dive this time

2007-06-01 09:12:36

The 6.5 percent fall in Shanghai shares on Wednesday caused few global ripples, with even stock markets in Asia registering only modest declines.