Property M&As gain momentum
2010-02-26 09:53:31
Property developers in the country would have more merger and acquisition opportunities this year as the realty market may witness a correction, ratings agency Standard & Poor's said Thursday.
Convicted drunken drivers to pay higher insurance rates
2010-02-25 13:38:50
Beginning next week, drunken drivers will face a new penalty of paying higher automobile insurance rates, a new measure to stem the deadly trend on the nation's roads.
Collectors sniff a fortune in antique snuff bottles
2010-02-25 10:29:21
A collection of antique Chinese snuff bottles is expected to fetch at least 20 million pounds ($32 million) when it is offered at a series of sales in Hong Kong.
China to issue 50b yuan of certificate treasury bonds
2010-02-24 08:55:25
China will issue 50 billion yuan ($7.32 billion) of certificate treasury bonds next week, the Ministry of Finance said Tuesday.
New futures attract investor reluctance
2010-02-23 15:51:13
Investors are in a wait-and-see mood about the newly launched stock index futures, as less than 100 trading accounts were opened yesterday, the first day for account registration, sources told China Business News today.
Goldman Sachs lowers real estate share-price estimates
2010-02-23 10:47:53
China's property developers had their share-price estimates lowered by as much as 32 percent by Goldman Sachs Group Inc, which cited increased uncertainty over government tightening measures.
More Chinese collectors consider art as an investment vehicle
2010-02-11 14:11:49
"I don't believe in investing in the stock market. Art is the real deal for me."
Govt to beef up regulation of pre-paid card industry
2010-02-06 09:09:50
The government is looking at ways to protect consumer rights and develop common standards in the burgeoning pre-paid card industry.
Investors turn to paper gold as yellow metal prices zoom
2010-02-04 10:15:27
Individual Chinese investors have triggered a new gold rush - but their assets do not glitter like those of the 19th century Klondike pioneers.
Beijing's insurance premiums up 19.1% in 2009
2010-02-02 17:19:26
Beijing’s insurance sector saw its premiums income jump by 19.1 percent to 69.8 billion yuan ($10.2 billion) last year, the fourth double-digit increase in a row, the local industry regulator said Monday.
BoCom launches insurance business
2010-01-29 08:07:52
Bank of Communications Co Ltd (BoCom), the county's fifth-largest lender by assets, launched its insurance business yesterday, as part of its goal of becoming a full-service financial conglomerate.
Chinese investors remain bullish about property
2010-01-28 14:44:26
Chinese investors remain positive on the property market with 92 percent expecting residential property prices to stay at current level or rise 4.4 percent on average in the first quarter of 2010, a survey found.