Listing is not Chinese banks' sole solution
2007-06-07 15:33:41
Effective corporate governance still remains the most important, while listing is only the first step of banking reforms.
Mainland IPOs may set record
2007-06-07 15:02:03
Chinese mainland companies are expected to raise a record amount of money this year in initial public offerings, Ernst & Young LLP said.
No plan on capital gains tax yet, says report
2007-06-07 10:55:54
China has no plans yet to levy a capital gains tax, reports a major securities newspaper Thursday, citing official sources.
Steel firms' profits forecast to slow down
2007-06-07 09:02:02
Profit growth in China's steel sector, the biggest in the world, is forecast to slow sharply this year after a blistering pace in the first quarter.
Companies need 'more options'
2007-06-07 08:42:30
China should expand local companies' fundraising options by letting commercial banks invest in private-equity funds, Vice-Governor of the Central Bank said.
Bourse orders disclosure meetings
2007-06-06 14:59:27
Shenzhen Stock Exchange has asked firms with improper information disclosures to communicate with investors directly, make apologies and unveil remedy plans.
CITIC Securities plans share offer
2007-06-06 10:49:40
CITIC Securities Co, the most profitable brokerage in China, plans to sell 350 million new shares for finance expansion, according to Bloomberg News.
ICBC reclaims banking crown
2007-06-06 08:35:42
Following its successful IPO in October, the Industrial and Commercial Bank of China has reclaimed first spot in Top 100 Chinese Banks.
IBM, Lehman Bros buy stake in firm
2007-06-05 14:36:16
A private equity fund formed by Lehman Brothers and IBM has agreed to buy a stake in Kingdee, a Chinese software company for HK$132 million
S Korean listing could trigger ripple effect
2007-06-05 07:01:51
The Korea Exchange on Friday announced it had given a Chinese company the greenlight to float shares on the bourse.
Turnaround forecast for TCL after restructuring
2007-06-02 16:38:40
TCL, one of China's major television and mobile phone makers, is expected to turnaround its ailing European operations with a major restructuring ending this month.
No global punch in stock dive this time
2007-06-01 09:12:36
The 6.5 percent fall in Shanghai shares on Wednesday caused few global ripples, with even stock markets in Asia registering only modest declines.