Ping An rakes in hefty premiums
2008-02-17 10:37:23
China Ping An, China's second largest life insurer raked in 14.51 billion yuan ($2.01 billion) in premiums in January, a hefty 49.33 percent increase year on year.
Another two stock funds approved to boost equity market
2008-02-16 09:11:48
Another two closed-end stock funds have won regulatory approval, the China Securities Regulatory Commission said on Friday.
PICC approved to sell 10b yuan of bonds
2008-02-15 10:37:45
People's Insurance Company (Group) of China (PICC) has been approved to sell 10 billion yuan ($1.39 billion) worth of subordinated bonds to enlarge its capital.
Central bank sells bills at expected yields
2008-02-14 11:35:27
China's central bank auctioned 90 billion yuan of three-year bills in its regular operations on Thursday at a yield of 4.56 percent, traders said, in line with market expectations.
Chinese shares rise 1.37% on Wall Street rally
2008-02-14 17:04:55
Chinese shares rose 1.37 percent on Thursday following on the heels of an overnight rally of the US stock market and increased liquidity.
Baidu profit beats estimates as company wins users
2008-02-14 15:52:29
Baidu.com Inc reported profit and sales that topped analysts' estimates after services to find celebrity news and videos helped attract users from Yahoo! Inc.
Railway contractor's IPO okayed
2008-02-14 21:48:15
China's securities regulator formally okayed on Thursday the initial public offering (IPO) of China Railway Construction Corporation (CRCC).
CITIC, Bear Sterns plan to increase stake in each other
2008-02-14 16:03:20
CITIC Securities and US investment bank Bear Sterns are to revise a share swap agreement, increasing the stake in each other.
New bankruptcy act for banks proposed
2008-02-13 14:42:01
An act governing bankrupt banks in China has entered the legislation process and is expected to be passed soon.
Market dives 2.37% on floating of non-tradable shares
2008-02-13 17:10:55
China's stock market resumed trading today under capital dilution pressure from floating of non-tradable shares.
China Mobile to promote LTE
2008-02-13 11:13:36
China Mobile is on Wednesday expected to lend its support to LTE, the wireless broadband standard that looks set to become the flagship 4G technology.
Stock market fundamentals 'still strong'
2008-02-12 09:00:20
The Chinese stock market has remained fundamentally strong despite the looming threat of a global economic recession and the battering it took over the past several weeks.