Housing prices to decline, says BNP

2010-09-04 10:57:09

Home prices will decline from this month as the government maintains its lending curbs and increases the supply of public housing, forcing property developers to cut prices to boost sales, according to BNP Paribas.

China to issue 28b yuan of 20-yr T-bonds from Sept 2

2010-09-02 10:27:05

China's Ministry of Finance said Wednesday it will sell 28 billion yuan ($4.12 billion) of 20-year book-entry treasury bonds from Thursday.

HK brokerage firm fined for failure to detect illegal short sellings

2010-08-28 15:12:06

Hong Kong's Securities and Futures Commission (SFC) said Friday it issued a reprimand to Ko's Brother Securities Company Limited (Ko's Brother) and fined it 250, 000 Hong Kong dollars for internal control deficiencies which were conducive to the clients' illegal short sellings.

Agricultural Bank stops lending to developers

2010-08-26 17:41:35

Agricultural Bank of China Ltd has frozen lending to property developers as it reviews outstanding loans to the industry, Bloomberg reported Wednesday, citing two people with knowledge of the matter.

Rogers gets appetite for Chinese gold investments

2010-08-26 11:14:20

World-renowned investor Jim Rogers is in talks with Hengtai Datong Gold Investment Ltd on cooperation opportunities to cash in on surging demand for the precious metal in China, the company claimed on Wednesday.

China's gold demand surges 26% in Q2: WGC

2010-08-26 10:24:59

Gold demand in China increased by 26 percent year-on-year in the second quarter, spurred by a robust increase in retail investment demand for the yellow metal, the World Gold Council (WGC) said on Wednesday.

Watchdog urges settling of farm insurance claims

2010-08-25 13:18:56

China insurance authorities urged insurance companies nationwide to survey and settle insurance claims involving floods as part of efforts to help farmers to resume production.

Sinatay Life Insurance to expand capital base

2010-08-20 16:56:35

Hangzhou-headquartered Sinatay Life Insurance plans to double its registered capital to 1.2 billion yuan this month to fuel its rapid expansion, the company's spokesman said on Friday.  

Third-home loans stopped in Shanghai

2010-08-20 14:18:14

Shanghai's housing fund has stopped loans for third-home buyers, following cities like Beijing and Tianjin, which already adopted such measures in May, the Oriental Morning Post reported Friday, citing sources.

Banks banned to issue credit cards to minors

2010-08-13 08:50:29

Banks in China should not issue a credit card to people younger than 18, the China Banking Regulatory Commission (CBRC) reiterated Wednesday in its latest list of rules and regulation.

Huanglong jade helps to create tales of rags to riches

2010-08-09 10:29:58

In the Qingfeng Jewelry Shop located in Longling, Yunnan province, there is a superb collection of carvings and raw gemstones made of Huanglong jade. Some of the carvings are valued at more than 10 million yuan ($1.47 million) each.

Estate agent warns over London 'rip-off'

2010-08-09 09:49:42

James Moss leant over our table almost conspiratorially and said unsuspecting Chinese people were being "ripped off" in the London property market.