BOC to launch private banking services
2007-03-21 14:47:36
Bank of China (BOC) said yesterday that it would launch private banking services in cooperation with the Royal Bank of Scotland.
Senior official plays down fear of bubble in stock market
2007-03-21 11:15:04
A senior official has played down fears that bubbles are forming in China's stock market, insisting the market's development is "healthy".
Vanke to sell shares
2007-03-21 10:57:22
China Vanke Co, the nation's largest publicly traded developer, plans to sell shares to fund 31 billion yuan worth of residential projects.
Bear-Eagle fund to swoop on Chinese retailers
2007-03-21 10:45:42
Bear Stearns Companies Inc, a leading Wall Street investment bank, joined forces with Huang Guangyu to set up a $500 million buyout fund targeted at booming Chinese retailers.
Shanghai stock index closes at record high
2007-03-21 15:18:56
The benchmark Shanghai Composite Index added 0.83 percent to close at a new record of 3057.38 on Wednesday.
China to form solid, open capital market
2007-03-21 09:08:05
China's capital market will be one of the largest, most open and solid in the world by 2020, said an official from the securities regulator.
Hongyuan entitled first-tier securities firm
2007-03-20 16:48:34
The Securities Association of China (SAC) announced that Hongyuan Securities has received approval to enter the first-tier list of securities firms in China.
Nation to loosen limits on individual financial investment overseas
2007-03-20 13:54:30
The Chinese government will loosen limits on individual investment abroad this year, according to Li Dongrong, vice director of the State Administration of Foreign Exchange.
Carlyle reduces Xugong bid again
2007-03-20 13:28:46
US private equity firm Carlyle Group has again agreed to cut its offer for Xugong Group Construction Machinery Co Ltd.
PetroChina to dispose of stake
2007-03-20 11:42:45
PetroChina is to transfer its stake in an oil trading subsidiary through a connected transaction with its parent firm.
Rate rise a bad news for real estate sector
2007-03-20 11:32:18
The central bank's 27-basis-point interest rate increase rubbed salt into the wounds of an already sluggish real estate industry.
HK serious about growing RMB business
2007-03-20 11:16:08
Hong Kong is getting serious about enticing mainland enterprises to open offices there as a base for their overseas expansion.