ChiNext Index opens lower Friday

2011-05-20 10:43:33

ChiNext Index opened 0.83 points lower at 884.06 Friday.

Hong Kong stocks open 0.23% higher

2011-05-20 10:42:28

Hong Kong stocks went up 52.24 points, or 0.23 percent, to open at 23,215.62 on Friday.

Gold price opens lower in Hong Kong -- May 20

2011-05-20 10:41:34

The gold price in Hong Kong went down eight HK dollars to open at HK$13,860 per tael on Friday, according to the Chinese Gold and Silver Exchange Society.

WGC issues glowing report on gold demand

2011-05-20 10:37:48

China's demand for gold continues to grow, led by the country's taste for gold jewelry. It also has been the largest physical bar and coin investment market.

Int'l firms need to better understand Chinese consumers

2011-05-20 10:36:45

International companies need to better understand Chinese consumers and implement effective strategies before they could tap the tremendous potential of the Chinese market, US experts told a business forum here recently.

XCMG to buy stakes in two European firms

2011-05-20 10:22:56

Xuzhou Construction Machinery Group (XCMG), China's largest machinery manufacturer by revenue, is in talks with two companies in Western Europe to acquire a 50 percent stake in each, said a senior officer from the group.

China's yuan continues to strengthen against USD Friday

2011-05-20 10:19:27

The Chinese currency Renminbi, or the yuan, strengthened against the US Dollar (USD) for the third consecutive trading day on Friday.

Chinese shares open mixed Friday

2011-05-20 10:18:32

Chinese shares opened mixed on Friday, with the benchmark Shanghai Composite Index down 0.04 percent to open at 2,858.31.

European rethinks on China's auto M&A

2011-05-20 10:02:33

China's growth prospects, combined with Western companies' fears of being shut out of the world's largest auto market, are leading to a shift in attitude toward Chinese rivals buying into Europe's auto sector.

China to drive development of 4G network

2011-05-20 09:58:21

China will be a main driver for the deployment of the fourth-generation (4G) mobile telephone network in the Asia-Pacific region, and the country will have almost half of the total 4G subscribers in the region by 2015, according to officials from the GSM Association.

China issues guideline for rare earth industry

2011-05-20 09:22:49

China's State Council on Thursday issued a national guideline that aims to promote sustainable and healthy development of the rare earth industry.
Biggest players to rule rare earth sector

Biggest players to rule rare earth sector

2011-05-20 09:19:02

The Chinese government is planning to tighten its grip on rare earth minerals by letting the biggest domestic players dominate the industry within two years, according to the State Council, the nation's cabinet.