Asset securitization business to grow fast

2007-03-27 15:53:18

Fitch Ratings said it expects the volume of asset securitization business in China to grow considerably in 2007.

Exchanges revise rules to boost info oversight

2007-03-27 15:03:29

China's stock markets have revised listing rules to reduce unnecessary trade suspension while boosting oversight of information disclosures.

China Oilfield plans to sell A shares

2007-03-27 14:09:59

China Oilfield Services Ltd said it plans to issue as many as 820m new A shares in Shanghai in a sale that could raise the equivalent to HK$5b.

Arcelor Mittal expects nod for Laiwu stake

2007-03-27 10:03:57

Arcelor Mittal, the world's largest steelmaker, expects to win regulatory approval to buy a stake in Chinese steelmaker Laiwu Steel Corp in the next two months.

Shanghai begins zinc futures trade

2007-03-27 09:55:59

The Shanghai Futures Exchange (SHFE) launched zinc futures trading yesterday, the first new product this year.

Firms bank on secure online transactions

2007-03-27 09:21:15

A recent survey showed that electronic storage and transmission of data has provided convenience and value, but also created opportunities for criminal activities.

Shanghai Pudong 2006 net profit up 31%

2007-03-26 16:58:39

Shanghai Pudong Development Bank Co Ltd said net profit last year rose 31 percent to 3.35 billion yuan (US$433 million).

Shenzhen bank mulls new reform plan

2007-03-26 16:25:26

Shenzhen Development Bank may propose a plan to make all its stock tradable, said the bank's chairman Frank Newman.

Shanghai exchange to revise rules on disclosure, delisting

2007-03-26 13:44:24

The Shanghai Stock Exchange (SSE) plans to revise regulations covering disclosure, delisting, and stock trading suspensions, among others.

Shenhua profit up on higher demand

2007-03-26 11:36:42

China Shenhua Energy Co said its 2006 profit rose 12 percent after it increased production to meet higher demand.

Mainland's stocks rise to new high

2007-03-26 17:13:33

The mainland's stocks rose to a new high on speculation the government will approve an additional US$6 billion quota for overseas investors to buy local-currency securities.

Stocks gain on foreign quota outlook

2007-03-26 13:47:34

Chinese mainland's stocks rose, set for records, on speculation the government will grant a new US$6 billion quota for foreign investors to buy local-currency stocks.