Minsheng profit up, finalizes private placement deal

2007-03-20 10:55:08

China Minsheng Banking Corp said yesterday its net profit surged 43 percent last year to 3.83 billion yuan (US$495 million).

New regulations clear way for financial futures

2007-03-20 10:04:37

According to a new set of regulations governing futures trading, financial futures, which include interest rates, foreign exchange rates and stock indices, can now be traded.

Chinese shares end higher

2007-03-20 16:11:53

The stock market closed higher Tuesday as the benchmark Shanghai Composite Index rose 0.59 percent to close at 3,032.2 points.

Market shrugs off rate hike

2007-03-20 10:19:18

China's stock market surged 2.87 percent yesterday, despite an interest rate hike of 27 basis points announced on Saturday.

Futures exchange to hold trials for zinc trading

2007-03-19 14:18:23

The Shanghai Futures Exchange will hold a test run for zinc trading this week as part of plans to launch futures trading in the metal.

Military-related industries eye public listings

2007-03-19 13:35:43

China will encourage military-related industries to expand into manufacturing and trading of products for civil use and raise funds through capital markets.

China Netcom looks to corporate clients

2007-03-19 13:27:41

China Netcom may seem increasingly vulnerable when voice goes mobile and price wars are rampant in the telecom industry.

China to open financial sector further

2007-03-18 09:30:55

China will further open its financial sector in "an active and safe" way, the country's central bank promised.

VC investment continues to boom

2007-03-18 09:28:20

High returns and preferential policy will help push China's venture capital (VC) investment to a new high.

Nation lifts ban on power projects

2007-03-18 11:37:13

China's top environmental watchdog has lifted a ban on approving projects for two of the country's five biggest power suppliers.

Central bank raises benchmark interest rates by 0.27%

2007-03-18 08:59:04

The central bank announced Saturday that the one-year benchmark interest rates are raised by 0.27 percent as of March 18.

Nation issues new regulations on futures trading

2007-03-18 09:36:36

The State Council published on Friday new regulations on futures trading, extending its coverage from commodities futures to financial futures and option contracts trading.