S&P lowers developers' outlook in China

2011-06-16 10:01:24

Chinese developers' outlook was cut to "negative" from "stable" by Standard & Poor's, which said tighter credit and further government curbs may lead to rating downgrades in the next year.

Beijing Hyundai to recall nearly 10,000 cars

2011-06-16 10:00:22

Beijing Hyundai Motor started to recall 9,280 MoInca vehicles over defective engines on Wednesday, China's quality watchdog said.

Nearly 100,000 Mazdas to be recalled in China

2011-06-16 09:59:15

Japanese automaker Mazda Motor and its Chinese joint venture Chang'an Ford Mazda will recall 94,874 Mazda3 vehicles starting Thursday over defective windshield wipers, China's consumer quality watchdog said on Wednesday.

CSRC cracks down on insider trading

2011-06-16 09:49:10

The China Securities Regulatory Commission (CSRC) on Wednesday issued draft rules of a nationwide registration system for people with access to privileged information of listed companies.

Tencent plans $3b open platforms

2011-06-16 09:10:50

China's largest Internet company, Tencent Holdings Ltd, will share its 670 million users via a series of open platforms in the hope of creating a 20 billion yuan ($3 billion) business enjoyed together with partners and third-party developers.

Rare-earth supplies expected to grow

2011-06-16 09:09:20

The world's supply of rare-earth minerals will outstrip demand within five years, reversing global reliance on China's exports as more foreign players begin exploration of their own, industrial executives said.

Hong Kong stocks close 0.68% lower - June 15

2011-06-15 17:27:14

Hong Kong stocks lost 152.23 points, or 0.68 percent, to close at 22,343.77 on Wednesday.

China to suspend new nuclear plant approvals

2011-06-15 17:27:04

China is drafting a nuclear safety plan and before its approval the Chinese government will suspend endorsement for any new nuclear power plants, said Li Ganjie, deputy minister of the Ministry of Environmental Protection, China.com.cn reported Tuesday.

China's stocks close down 0.9% on Wednesday

2011-06-15 17:26:35

Chinese shares closed lower on Wednesday with the benchmark Shanghai Composite Index down 0.9 percent, or 24.61 points, at 2,705.43.

ChiNext Index closes down - June 15

2011-06-15 16:55:02

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, fell 10.94 points, or 1.30 percent to 827.53 on Wednesday.

China stock index futures close down - June 15

2011-06-15 16:52:04

China's stock index futures closed down on Wednesday with the contract for June, the most actively traded, down 25.6 points, or 0.86 percent, from the previous day to 2,960.8.

China sees import expansion as long-term strategy

2011-06-15 16:15:45

Increasing imports is not a temporary measure for China, but a long-term macro-economic strategy, Yao Jian, spokesman for the Ministry of Commerce, said on Wednesday.