China approves record corporate bond issue

China's National Development and Reform Commission approved a record corporate bond issue valued at 99.2 billion yuan.

CITIC Securities profit up 6 fold

CITIC Securities Co said its profit rose almost six fold last year as stock trades boomed amid a soaring market.

Haier Group Co has partnered with Shanghai Interactive Television to tap the nation's booming high-definition TV market.

Chinese Premier Wen Jiabao said in Beijing on Friday that China aims at a mature capital market.

The Chinese mainland asset management industry may grow 25 percent on average annually to hit US$1.4 trillion by 2016.

China will soon issue rules to ban mainland-listed companies from using stock-sale proceeds to invest in initial public offerings.

More than one million new accounts were opened on China's renminbi-denominated A-share market in only half a month.

China Mobile, the world's largest cellphone company in terms of user numbers, may float shares on the mainland this year.

China's top refiner Sinopec plans to acquire filling stations and petroleum assets in Hong Kong to become a first-tier oil retailer there.

Yingkou Port, one of the country's top 10 coastal ports, is planning a total listing after three to five placements.

Chinese investors are divided over whether it's safe to keep buying shares in the volatile stock market, according to a recent survey.

China's stocks rose yesterday, on expectations the expansion of the country's fund industry will boost shares.