Chinese financial leasing firms' assets hits 364b yuan

2011-05-25 17:47:14

China's financial leasing industry has reported rapid growth in recent years, as the total assets of the country's 17 financial leasing companies jumped to 364 billion yuan ($56 billion) at the end of March this year.

EU firms say China increasingly becoming 'strategic market'

2011-05-25 17:44:56

European companies said China is an increasingly important "strategic market," according to an annual business confidence survey released by the European Union Chamber of Commerce in China on Wednesday.

China to tighten control of speculative investment in housing

2011-05-25 17:42:06

China's real estate market regulations have locked on to its latest target.

China faces challenges in grain production

2011-05-25 16:32:37

China still faces challenges in grain production, although it is likely to see a rise in summer grain output this year, a senior official said Wednesday.

Hong Kong stocks close 0.07% higher - May 25

2011-05-25 16:31:05

Hong Kong stocks gained 16.5 points, or 0.07 percent, to close at 22,747.28 on Wednesday.

ChiNext Index closes down -- May 25

2011-05-25 16:09:44

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, fell 28.59 points, or 3.28 percent, to close at 842.35 on Wednesday.

China stock index futures close down -- May 25

2011-05-25 16:06:29

China's stock index futures closed down Wednesday with the contract for June, the most actively traded, down 0.36 percent from the previous day to close at 3,015.2.

Offshore RMB growth set to continue: HSBC

2011-05-25 15:41:13

The pace of offshore renminbi (CNH) growth is set to continue, said HSBC in its latest research, adding that the organic growth of the CNH market in most recent end-1Q data has been breathtaking.

Chinese shares fall for 5th trading day - May 25

2011-05-25 15:28:36

Chinese shares fell for the fifth consecutive trading day on Wednesday, with the benchmark Shanghai Composite Index down 0.91 percent, or 25.32 points, to 2,741.74.

Yangtze River cargo throughput tops world list

2011-05-25 15:21:01

About 1.5 billion tons of cargo passed through the trunk line of Yangtze River in 2010, People's Daily reported Wednesday.

Govt approves Huaxing's merger with Guoxin

2011-05-25 15:16:22

China's State Council approved China Huaxing Group's merger with Guoxin Asset Management Company, the China News Service reported Tuesday.

Peru, China sign $3m co-op agreement

2011-05-25 14:23:52

Peru and China on Tuesday signed an agreement on bilateral economic and technical cooperation, under which China would grant assistance worth 20 million yuan ($3.07 million) to the South American country.