ChiNext Index closes down - June 8

2011-06-08 16:36:01

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, slid 2.73 points, or 0.32 percent, to 844.98 on Wednesday.

China stock index futures close up - June 8

2011-06-08 16:35:45

China's stock index futures closed higher on Wednesday with the contract for June, the most actively traded, up 0.32 percent from the previous day to 3,006.8 points.

Exaggerated property ads get hostile response

2011-06-08 16:26:58

Exaggerated advertising claims for high-end properties targeting the super rich in China have come under widespread criticism for encouraging people to flaunt their wealth and for deliberately using misleading language.

China Vanke property sales up 76% in May

2011-06-08 16:09:40

China's Vanke, the country's largest developer by sales, said its May property sales jumped 76.4 percent from a year earlier to 9 billion yuan ($1.4 billion), rebounding from a slump the previous month.

China's stocks close up Wednesday

2011-06-08 16:04:19

Chinese shares rose for the third consecutive day on Wednesday with the benchmark Shanghai Composite Index closed up 0.22 percent, or 5.99 points, at 2,750.29.

HK tops skyscraper rankings

2011-06-08 15:56:40

In the first ever Chinese City Skyscraper Rankings, released on Monday in Shanghai, Hong Kong topped the list with its 58 skyscrapers, and Shanghai got second with 51 skyscrapers, the Oriental Morning Post reported Tuesday.

Chongqing motorcycle exports up 11%

2011-06-08 15:12:19

Southwest China's Chongqing Municipality exported 1.28 million motorcycles in the first four months of this year, an increase of 10.9 percent over the year-earlier level, according to the local customs house.

Ford eyes India, China to hit 50% growth target

2011-06-08 15:11:05

Ford Motor Co is aiming to expand its presence in the fast-growing auto markets of India and China with an eye toward increasing the number of vehicles it sells per year by 50 percent by the middle of the decade.

Jiangsu sells more solar cells

2011-06-08 15:01:00

East China's Jiangsu province exported 22.34 million solar cells in the first four months of this year, a rise of 390 percent on the same period of last year, according to the local customs house.

China to issue 1st territory development plan

2011-06-08 14:43:30

China will issue a national territory development plan, the first of its kind since the founding of the People's Republic of China, said a government official on Wednesday.

'EU's scheme could blacken relations'

2011-06-08 14:32:19

European Union's plan to force other countries to join its carbon-trading scheme will affect friendly relations between Chinese airlines, European airlines and plane manufacturers, a senior official with China's top aviation industry guild said on Tuesday.

China's CPI to rise in May

2011-06-08 14:22:42

China's consumer inflation will increase in May, driven by higher food prices and a lower comparison basis, adding the possibility of an imminent interest rate hike, analysts have said.