Ping An earnings double
2007-04-12 13:33:17
Ping An Insurance (Group) Co said its 2006 profit almost doubled because of investment gains in the country's stock market.
Company managers must hold shares for minimum period
2007-04-12 13:26:43
The top management of listed companies must now hold shares in their companies for at least six months before trading them.
Securitization to help China reduce excessive liquidity
2007-04-12 13:28:43
Large-scale securitization by banks could soak up excess liquidity and assist macro-economic management in China.
Chinese fall head over heels for mutual funds
2007-04-12 11:23:42
Subscriptions to new mutual funds hit a record high on Tuesday, pulverizing the record set in December last year.
CSRC joins multilateral probe cooperation
2007-04-12 10:40:02
China's securities regulator joined an international securities investigative agreement that will help it solve cross-border regulatory problems.
Angang Steel plans additional share offering
2007-04-12 09:28:39
Angang Steel Co plans to sell as many as 1.78 billion shares to existing holders to fund a 22.6-billion-yuan steel mill.
Country Garden IPO gets warm response
2007-04-12 09:19:12
The initial public offering (IPO) of South China property developer Country Garden is creating a buzz in Hong Kong.
PetroChina releases CSR report
2007-04-12 09:09:01
PetroChina, China's top oil company, unveiled its first corporate social responsibility (CSR) report yesterday.
Tax rebate cut to slow steel sector
2007-04-12 09:00:46
China's iron and steel industry is expected to grow at a relatively slower pace this year because of the cut of tax rebate.
Mainland tops HK in stock market value
2007-04-11 17:17:59
Statistics show that the combined market value of the Shanghai and Shenzhen stock exchanges reached 13.768 trillion yuan (US$1.782 trillion) on April 9.
New mutual funds subscriptions hit record
2007-04-11 15:43:03
Industry observers said the huge subscription proved that investors were dizzyingly optimistic about prospects for domestic equity markets.
China waivers Merchants Bank of US$117m tax
2007-04-11 16:20:47
The Ministry of Finance and the State Administration of Taxation have approved more deductions in China Merchants Bank Co Ltd's corporate income tax for last year.