Investors cash in on trash
2010-04-02 10:49:26
Chinese investors are pocketing cash from trash as waste sector stocks surged on Thursday following reports that Warren Buffett had shown an interest in the industry.
Pawnshops cash in on rising home prices
2010-03-24 11:23:43
Mortgage business has soared 30 percent in Beijing Huaxia Pawnshop as house prices in the city grew by about 11 percent in the third week of March.
Second-hand luxury is no barrier to success
2010-03-24 11:13:48
It was while looking at her boxes full of mobile phones that Lu Runwu came up with the idea of starting a business to help rich people sell second-hand luxury goods.
Sellers hope to ride even higher on property wave
2010-03-24 10:53:01
Around 30 percent of people selling second-hand homes in Wangjing, Chaoyang district, have terminated contracts with buyers in recent days in anticipation of prices shooting up even higher.
Nearly 200 apartments sold out overnight
2010-03-24 10:31:22
Nearly 200 apartments in Hangzhou in East China's Zhejiang province sold out overnight on Monday - another signal that property in urban China continues to be in hot demand.
Chinese companies launch credit card services in Frankfurt
2010-03-23 12:52:11
China's largest commercial bank ICBC and China's bankcard association, China UnionPay (CUP) jointly launched credit card services in Frankfurt on Monday.
Overseas realty proves safer bet
2010-03-20 09:43:13
More wealthy Chinese are buying overseas properties for better investment returns as skyrocketing property prices in the country makes domestic home purchases more risky.
Savers switch to equities
2010-03-18 10:47:46
Investors opened the most accounts to trade Chinese stocks last week in three months as households shifted funds into equities to protect against faster inflation.
Locals charge ahead with new financing options
2010-03-18 07:50:33
Shortly after examining an Apple iPhone 3GS, the hottest gadget sold at Dazhong Electronics, Zhang Hongqi told the sales assistant to ring it up.
China opens most stock trade accounts in 3 months
2010-03-17 13:02:33
Investors opened the most accounts to trade Chinese stocks last week in three months as households shifted funds into equities to protect against faster inflation.
Lenders offer new stash for cash
2010-03-17 09:06:36
Affluent Chinese have discovered a safer place than under the mattress to keep their valuables - bank vaults.