Share market needs correction

2007-02-28 16:27:34

A correction could only be good for the exchange. To ensure sustained growth, the market needs a drop as deep as 400 points.

Investors rush for World Expo bonds

2007-02-28 13:41:09

The second batch of bonds for the 2010 Shanghai World Expo have mostly been snapped up by eager corporate investors.

Airport: Sale won't hurt listing plan

2007-02-28 11:01:27

Beijing Capital International Airport Co Ltd said Aeroports de Paris Management's sale of its entire stake in the company would not affect its A-share listing plan.

Perfect World set for NASDAQ listing

2007-02-28 10:30:40

Online game operator Beijing Perfect World Co Ltd is preparing to list on the NASDAQ in the second quarter, company sources said.

Sinopec inks landmark deal

2007-02-27 08:55:43

Sinopec inked agreements to expand a petrochemical project and to jointly market its output with Saudi Aramco and Exxon Mobil.

Agri-Industries plans HK IPO

2007-02-27 09:49:27

China Agri-Industries Holdings plans to raise as much as HK$2.6 billion in an initial public offering on the Hong Kong stock exchange.

Baosteel: No date on foreign listing

2007-02-27 09:19:19

Baosteel Group Corp, China's biggest steel producer, said yesterday it has not finalized an overseas listing plan.

Jiangnan case shows investors still wary of insider trading

2007-02-26 10:48:16

Jiangnan Mould and Plastic Technology Co last year inked a deal to sell 140 million shares at 1.38 yuan each to another company.

Minsheng raises US$2.3b in share sale

2007-02-26 10:14:04

China Minsheng Banking Corp raised US$2.3 billion by selling shares to a group of investors to help fund faster loan growth.

Bohai Securities eyes back-door listing

2007-02-18 09:24:33

Bohai Securities Co, a broker indirectly held by the Tianjin municipal government, is planning to issue stocks publicly.

Traders optimistic as stocks hit new high

2007-02-17 10:45:31

Shanghai's benchmark stock index sprinted past the 3,000-point mark yesterday for the first time before closing just below the historic level.

Former D'Long executive convicted of illegal fund raising

2007-02-16 15:23:05

Zhang Yeguang, one of the executives in the bankrupt D'Long business empire, has been proved guilty of illegal fund raising.