Sun Art plans to raise $1b Hong Kong IPO

2011-06-28 17:25:45

Sun Art Retail Group Ltd, the Chinese hypermarket operator backed by France's Groupe Auchan SA, plans to raise as much as HK$8.2 billion ($1.1 billion) in a Hong Kong initial public offering.

China's summer harvest nearly complete

2011-06-28 17:11:15

China's Ministry of Agriculture said on Tuesday that the country has nearly completed its summer harvest, with 87.8 percent of its winter wheat gathered by harvesting machines, up two percentage points from one year earlier.

China stock index futures close up -- June 28

2011-06-28 16:47:38

China's stock index futures closed up on Tuesday with the contract for July, the most actively traded, up 7.6 points, or 0.25 percent, from the previous day to 3,041.

Official confident in China’s IPO market

2011-06-28 16:30:32

China became the world’s largest initial public offering (IPO) market in 2010 and will cement this position during the next 10 years, the Guangzhou-based Yangcheng Evening News reported Monday, citing an official from the country’s securities watchdog.

ChiNext Index closes up -- June 28

2011-06-28 16:30:24

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, rose 0.32 points, or 0.04 percent to finish at 844.18 on Tuesday.

2000 yuan pickle only a sales gimmick

2011-06-28 16:25:01

A report released by Citic Securities Co Ltd (CITICS) on an exorbitantly priced mustard tuber, a kind of pickle popular in China, is a stunt as the product has been on sale for several years and has little effect on the producer's profits.

China stocks close up Tuesday

2011-06-28 15:44:49

Chinese shares rose slightly Tuesday with the benchmark Shanghai Composite Index up 0.04 percent, or 0.97 points, to close at 2,759.2.

Cut tax to balance growth

2011-06-28 15:44:35

A higher minimum threshold for personal income tax is only a matter of time, as China's living standards improve along with its robust economic growth.

China in top 5 global relocation destinations

2011-06-28 15:30:55

New data from Cartus Corporation, the leading provider of global relocation management services, reveals that the top destinations for companies transferring employees around the world have remained relatively consistent since 2006.

China's first precious metal exchange opens

2011-06-28 15:06:29

China's first precious metal exchange opened on Tuesday in central China's Hunan province.

Full steam ahead for high-speed rail patents overseas

2011-06-28 15:05:16

China's railway sector will stick to its strategy to explore high-speed rail markets overseas, a railway ministry spokesman said.

First group of individual tourists leaves mainland for Taiwan

2011-06-28 15:03:43

About 290 travellers left the mainland for Taiwan on Tuesday as the first group of individual tourists to travel to the region from the mainland since a ban on individual tourists was lifted.