Four IPOs drain record capital
2007-07-16 15:16:22
The IPOs of four companies drained 2.01 trillion yuan of capital out of the Chinese stock markets, 100 billion yuan over the market value of tradable shares in the Shenzhen bourse.
CBRC: Rural cooperatives should serve rural interests
2007-07-16 14:44:56
Despite different equity forms, rural cooperative financial institutions must faithfully serve the agricultural industry, the countryside and farmers, said deputy chairman of the CBRC.
Minsheng bank leads Top 100 Chinese private companies
2007-07-16 14:30:02
China Minsheng Banking Corp maintains its lead on the list of top 100 Chinese listed private enterprises this year; while Suning jumps two grades to second position.
Central bank drains funds with special bills
2007-07-16 12:54:54
China's central bank said on Friday it had issued 101 billion yuan in three-year bills in a special issue as the government ups its battle against excess liquidity in the system.
Two city-level Chinese commercial banks set IPO prices
2007-07-16 10:40:12
The Bank of Nanjing and the Bank of Ningbo, the first two small commercial banks to go public at home, have announced their prices for initial public offerings.
Experts urge wait-and-see policy as consumer-price statistics loom
2007-07-16 09:08:10
Shanghai stocks may move in a narrow range with reduced turnover as the market awaits first-half economic data due late this week.
Over $52bln to be raised by new listings in China
2007-07-16 09:02:48
Capital raised by new listings in China is set to exceed $52 billion this year, putting the mainland on track to become the world's leading center for share offerings.
Stock up 1.3%, despite capital diversion to new shares
2007-07-12 16:16:11
Chinese stock ended up 1.3 percent today. The Shanghai Composite Index finished at 3,915.99, up 50.27 points.
Fewer new accounts in A-share market
2007-07-12 11:09:53
The investor tide is starting to recede a fraction in the Chinese A-share market with the number of people opening accounts dipping below 100,000 for the seventh consecutive day.
CSIC plans IPO to raise $925b
2007-07-12 09:46:03
China Shipbuilding Industry Corp (CSIC), one of the nation's leading shipbuilding groups, will seek an initial public offering (IPO) in 2007.
Freeze on Hangxiao trading continues
2007-07-12 07:50:04
Shares of Hangxiao Steel will continue to remain suspended today pending a stock exchange decision.
Overseas listing fervor remains
2007-07-12 07:50:04
Mainland companies' fervor for overseas listings has yet to cool despite stricter application processes and a government attempt to encourage more to list on the mainland.