Citigroup to increase share holding in Shanghai Pudong
2007-03-15 16:19:03
Citigroup Inc plans to increase its stake in Shanghai Pudong Development Bank Co later this year.
Shanghai Dragon denies takeover reports
2007-03-15 16:24:56
Shanghai-listed textile products firm Shanghai Dragon Corp denied local reports it was about to acquire an Italian company.
Guoyuan Securities eyes back-door listing
2007-03-15 16:09:18
Guoyuan Securities Co yesterday unveiled a plan for a back-door listing, joining the growing number of brokerages that are tapping the capital market to fund expansion.
Issuance of closed-end funds under study
2007-03-15 15:47:26
China Southern Fund Management Co is studying a plan to resume the issuance of new closed-end funds.
Interest rate hike likely
2007-03-15 15:21:27
An interest rate hike is on the cards in China to curb excessive liquidity as bank lending rebounded in February.
Bank of Beijing plans dual listing
2007-03-15 14:18:22
Bank of Beijing is preparing to list on the A-share market on the Chinese mainland and H-share market of Hong Kong this year.
Shanghai proposes 20% limit on fluctuations
2007-03-15 11:00:19
The Shanghai Stock Exchange (SSE) is proposing to raise the maximum share price fluctuation for listed companies from 10 percent to 20 percent per day.
Neusoft's listing plan on target
2007-03-15 10:48:20
Neusoft Group Ltd yesterday said it will list the entire entity via share swap with its listing arm, Neusoft Co Ltd, before July.
CNPC in talks for ethanol firm stake
2007-03-15 10:41:24
China National Petroleum Corp (CNPC) and BP Plc are in talks of buying a stake in ethanol producer Guangxi Xintiande Energy Co.
Huaxia profit rises
2007-03-15 10:28:05
Huaxia Bank Co Ltd said its net profit for 2006 rose 13.87 percent to 1.45 billion yuan, boosted by strong revenue growth.
Mainland firms still drawing in punters
2007-03-15 10:19:50
Despite a volatile market, the initial public offerings of mainland companies have drawn strong orders from investors in Hong Kong.
Stocks take a dive on rate rise fear
2007-03-15 10:16:20
China's stocks saw their biggest drop in two weeks yesterday, amid fears of a possible domestic interest rate hike.