ICBC tops in terms of assets

2007-04-07 10:00:20

The Industrial and Commercial Bank of China (ICBC) has become China's No.1 company after registering total assets of more than US$1 trillion at the end of March 2007.

Stocks stay firm, despite banks' ratio adjustment

2007-04-07 10:42:00

The Shanghai stock market on Friday brushed off the latest increase in banks' reserve requirement ratio announced on Thursday.

Everbright Securities operating income up 550%

2007-04-06 17:01:39

Everbright Securities is expected to have posted an operating income of 1.16 billion yuan (US$150 million) in the first quarter, a whopping 550 percent rise year-on-year.

Securities firms required to pay in to investor protection fund

2007-04-06 15:23:42

The securities regulator said it will require securities companies to contribute part of their revenue to an investment protection fund.

Probe halts Hangxiao bull run

2007-04-06 09:54:27

The mysterious rush for Hangxiao Steel Structure's shares on the Shanghai bourse ebbed yesterday, falling by the permissible limit of 10 percent.

Plenty more holes to plug in the market

2007-04-06 09:49:58

Market regulators and officials have been shouting themselves hoarse warning investors of the risks in the stock market, but it seems to have fallen on deaf ears.

Galaxy close to completion of restructuring

2007-04-06 09:30:03

China Galaxy Securities has completed government registration for its 167 branches ahead of a possible initial public share offering.

China raises bank deposit reserve ratio

2007-04-06 09:22:38

The central bank raised the reserve requirement ratio for banks by 0.5 percentage point yesterday to mop up excess liquidity.

NYSE seeks more Chinese companies

2007-04-06 10:07:37

The New York Stock Exchange (NYSE) plans to attract more companies from China and is in talks with over 20 Chinese firms now.

Shanghai Auto expects profit surge in 1st quarter

2007-04-06 10:01:35

Shanghai Automotive Co yesterday said it expects first-quarter profit to more than quadruple.

Listed companies report huge profit rises

2007-04-05 14:49:39

Half of China's listed companies have filed 2006 annual reports, with total profits almost equal to the reported profits of all the listed companies for 2005.

Brokers set to trade financial futures soon

2007-04-05 14:42:54

China may allow securities houses to trade financial futures contracts as early as this month but will likely restrict the business to brokers that have strong capital.