Beijing to set up center for non-listed firms

2007-03-29 10:44:45

China Beijing Equity Exchange will set up the capital's first stock registration and administration center for non-listed companies.

Industrial Bank 2006 net profit up 54%

2007-03-28 15:23:29

Industrial Bank Co Ltd said its net profit for 2006 rose 54.09 percent to 3.798 billion yuan (US$491 million).

Galaxy Securities offers 10m shares to Huashi AMC

2007-03-28 15:17:38

China Galaxy Securities has offered 10 million shares to Huashi Asset Management Co (AMC), a unit of Shanghai Pharmaceutical Co Ltd.

Shanxi Securities lures investors, plans listing

2007-03-28 15:04:10

Shanxi Securities Co is planning to lure domestic and overseas strategic investors with an aim to list shares publicly by 2009.

Legend Capital develops as leading local VC firm

2007-03-28 14:40:27

Since its establishment in 2001, Legend Capital has been recognized as one of the most active venture capital (VC) firms in the nation.

Investors open 4.7m new accounts in 1st two months of 2007

2007-03-28 10:09:12

Investors opened 4.69 million new accounts with China's stock exchanges in the first two months of this year.

China's 53 mutual funds report US$6.5b profits

2007-03-28 10:03:02

Fifty-three mutual funds in China reported operating profits of 49.96 billion yuan (US$6.46 billion) in 2006.

CITIC Bank closer to dual listing

2007-03-28 08:59:50

China CITIC Bank, has got the nod from Hong Kong bourse to offer H shares, and is waiting for A-share listing approval, which may come in two weeks.

Gome claims top rank

2007-03-28 08:53:06

Gome Electrical Appliances Holdings Ltd is the country's largest retailer, surpassing its foreign and domestic rivals.

Calyon Financial, CITIC East China to set up futures JV

2007-03-27 16:44:25

Calyon Financial Hong Kong Ltd and CITIC East China (Group) Corp announced they have signed a joint venture (JV) agreement to form a new futures brokerage.

Huaxia Bank targets further growth in profit

2007-03-27 16:28:40

Huaxia Bank Co Ltd is targeting operating profit of 2.95 billion yuan (US$381 million) this year, up from 2.41 billion yuan in 2006.

More fund products on the way

2007-03-27 16:15:46

Domestic fund management companies are queuing to launch new stock funds to meet brisk demand for fresh products, while redemption pressure mounts on existing funds.