Pension fund confirms planned PE investment

2008-06-11 09:15:29

China's National Social Security Fund has decided to invest in yuan-denominated private equity funds, its chairman Dai Xianglong said on Tuesday.

Fuel oil futures hit new high

2008-06-11 10:37:44

Shanghai fuel oil futures contracts rose more than 2 percent yesterday after the long weekend break to a new high, tracking the trend of international crude oil on Friday.

Investors numbed by shock and confusion

2008-06-11 10:40:40

Chinese investors are confused because they simply can't see the link between the global trend and the domestic stock market, which is largely closed to foreign investments.

Index tumbles 7.73% amid panic selling

2008-06-10 15:18:11

Chinese shares plunged nearly eight percent on Tuesday, with investors nervous about the impacts of the reserve-requirement ratio hike announced on Saturday.

CSRC: Index futures ready for release

2008-05-28 15:23:09

Preparations for the long-awaited stock index futures have been basically completed, a senior official from the China Securities Regulatory Commission (CSRC) said on Wednesday.

Bank of America to increase stake in Construction Bank

2008-05-28 10:03:15

China Construction Bank (CCB) announced on Tuesday the Bank of America is to exercise part of its call option to buy 6 billion Hong Kong-listed CCB shares.

Airlines to issue only e-tickets from June 1

2008-05-27 14:15:23

Sources from domestic ticket agencies yesterday said global air-ticket agents including China will stop selling paper tickets from June 1, according to today's The Beijing News.

Contract lifeline for Dongfang

2008-05-27 09:06:37

China Huaneng Group has signed a 4.5 billion yuan contract with Dongfang Electric for power generation equipment supply in a move to help the earthquake-hit company get back on its feet.

Shares slump 3.13% on Monday

2008-05-26 15:42:10

Chinese share prices slumped heavily on Monday, dragged by heavyweights including PetroChina, China Life and banking stocks.

Shares remain weak despite soaring telecom stocks

2008-05-23 16:21:03

Chinese shares remained weak on Friday despite soaring telecom stocks driven by the news of industry reshuffle.

Companies sought to help fund invest

2008-05-23 11:08:13

China's $74 billion national pension fund is seeking asset management companies to help invest in global equity markets, according to its website.

Airline hedges fuel, ups surcharges

2008-05-23 09:30:16

China Eastern Airlines Corp, the nation's third-largest carrier, is hedging more fuel purchases and raising surcharges to offset record jet-kerosene prices.