Regulators to step up crackdown on stock irregularities
2007-06-22 12:52:44
The clampdown on price rigging and other irregularities in the stock market will be intensified, the head of the market watchdog said yesterday.
Shares in insurer rocket after deal
2007-06-22 09:17:55
Shares of China Life Insurance Co surged to 10 percent daily limit in Shanghai yesterday after its asset management affiliate struck a partnership to invest in the property market.
Watchdog urges public firms to be competitive
2007-06-22 09:03:03
Regulator encouraged listed firms to raise funds for expansion and conduct cross-border consolidation to boost their competitiveness.
Public banks a 'remarkable feat': Study
2007-06-22 08:51:07
Eleven Chinese banks that have listed on the mainland or Hong Kong account for over 55 percent of the assets of country's banking industry, a study by Ernst & Young shows.
Securities become residents' top investment option
2007-06-22 08:25:11
According to a cental bank survey, more than 40 percent of Chinese residents favor stock and fund investments, for the first time taking the place of savings as their first investment choice.
Stocks up with lowest turnover this week
2007-06-21 15:52:22
Chinese stocks fluctuated violently today but finished higher with a low turnover today. The Shanghai Composite Index closed at 4,230.82, up 1.18 percent.
US investors bet fall in China stocks
2007-06-21 13:23:29
US investors who put cash into mutual funds which invest directly in Chinese stocks are using those funds to gamble that a decline is on the way, the Wall Street Journal said.
Tangshan forecasts profits to rise 80%
2007-06-21 13:12:04
Tangshan Iron & Steel Co, the publicly traded unit of China's second-biggest steel maker, said first-half profit may increase by 80 percent.
QDII expanded to include securities, fund companies
2007-06-21 14:00:26
Chinese securities and fund-management firms will be allowed to invest overseas in a move seen as cooling the overheated stock market.
Industrial Bank approved to run card center
2007-06-21 13:19:18
Banking regulator has granted a financial license to the Fujian Province-based bank to run independent credit card center in Shanghai.
Shoe maker Anta may raise US$405m in IPO
2007-06-21 13:07:09
Anta Sports Products Ltd may raise HK$3.17 billion in a share sale that attracted Houston Rockets' owner Leslie Alexander, two people familiar with the deal said.
Stocks up amid fluctuations in morning session
2007-06-21 11:46:36
Chinese stocks fluctuated violently this morning but finished higher by the mid-day break. The Shanghai Composite Index ended at 4,240.88, up 1.42 percent.