CSRC issues futures trading rules

2007-04-13 16:11:30

The China Securities Regulatory Commission (CSRC) has released the final version of rules governing futures exchanges and companies.

HSBC Jintrust's 3rd fund raises US$686m

2007-04-13 16:03:45

HSBC Jintrust Fund Management Co Ltd said subscriptions for its third fund reached 5.3 billion yuan.

BoCom plans to issure 3.2b A shares

2007-04-13 13:58:45

Bank of Communications (BoCom), China's fifth largest lender, plans to issue 3.2 billion A-shares and list on the Shanghai Stock Exchange.

State pension fund seeks safe investments

2007-04-13 13:52:48

China's largest pension fund, the National Council for Social Security Fund, will invest more than 100 billion yuan in 2007.

Market value of stock exchanges continues to swell

2007-04-13 13:50:09

The combined market value of China's two stock exchanges hit a record high of 14.15 trillion yuan (US$1.8 trillion) on Wednesday.

China reports 13% loan growth in 1st quarter

2007-04-13 11:03:39

China reported a 13 percent rise in newly-added renminbi loans by financial institutions in the first three months of this year despite new measures to curb loan growth.

Mengniu reports robust growth in profit

2007-04-13 09:22:48

Inner Mongolia Mengniu Dairy Industry (Group) Co Ltd yesterday reported continuing robust growth in revenue and profit of 50.1 percent and 59.21 percent in 2006.

Merchants Holdings profit up

2007-04-13 09:16:45

China Merchants Holdings (International) Co said 2006 profit rose 7.4 percent after it handled more cargo on surging trade.

Shimao Property sells stake in project

2007-04-13 09:06:20

Shimao Property Holdings Ltd said it is selling a 30-percent stake in a property project to an equity fund managed by Morgan Stanley for 1 billion yuan.

Stocks surge through key barrier

2007-04-13 08:52:37

The stock index on Thursday soared through the psychological barrier of 3500 points to close at a record 3531.03.

China issues US$84m ABS in 1st quarter

2007-04-12 14:50:00

Asset-backed securities (ABS) issues in China totaled 650 million yuan (US$84 million) in the first quarter.

CITIC Bank to raise record fund in Hong Kong

2007-04-12 13:45:57

China CITIC Bank expects to raise more than HK$30 billion (US$3.8 billion) via its Hong Kong IPO, said a company source on Wednesday.