Funds wait for the nod

2007-04-10 11:41:04

More than 50 new mutual fund applications are awaiting the government approval. But the process might be bogged down.

Sinopec net profit up 30%

2007-04-10 14:16:18

The net profit of Sinopec totaled 53.9 billion yuan (US$7 billion) in 2006, up from 41.5 billion yuan in 2005, the company reported today.

Shanghai Pudong gets new chairman

2007-04-10 10:39:26

A top Shanghai government and financial official is set to become chairman of the Shanghai Pudong Development Bank.

Retailers deny talk of 3b-yuan acquisition

2007-04-10 10:06:31

Home appliance chains Suning and Dazhong yesterday denied media reports about a 3-billion-yuan acquisition deal between the two.

CITIC Bank set for biggest IPO

2007-04-10 11:03:17

China CITIC Bank Corp may raise as much as $5.7 billion in the world's biggest initial public offering (IPO) so far this year.

Red chips face hurdles to return home

2007-04-10 09:16:15

This year is set to see many of the Chinese conglomerates listed in Hong Kong head to the mainland market, following the trend set by the largest red chip, China Mobile.

HK, stop worrying about size

2007-04-10 10:16:43

The much talked about rivalry between the Hong Kong and Shanghai stock exchanges is making less and less sense.

Mainland, HK securities regulators step up cooperation

2007-04-09 11:26:43

The Securities and Futures Commission (SFC) said it has signed two agreements with its counterpart in the Chinese mainland.

CITIC Securities profit rockets in 1st quarter

2007-04-09 10:44:02

CITIC Securities saw its net profits soar 12 times year on year to 1.2 billion yuan (US$154 million) in the first quarter this year.

World stock exchanges go hunting in China

2007-04-09 10:32:23

Global stock exchanges including Nasdaq and NYSE are stepping up efforts to recruit Chinese companies.

Record number of Chinese subscribe to investment funds

2007-04-09 10:04:14

A record 17 million Chinese had subscribed to investment funds by the end of 2006, according to a report released on Friday.

China releases rules for index trading

2007-04-09 09:33:52

China's securities regulator on Friday released detailed rules to guide firms dealing in stock index futures that will be launched this year.