Chinese shares end slightly higher

2008-01-25 17:33:16

Chinese shares closed slightly higher on the week's last trading day. The benchmark Shanghai Composite Index, which covers both A and B shares, climbed 43.95 points, or 0.93 percent, to 4,761.69.

Central bank issues bills worth 29b yuan

2008-01-24 19:25:38

China's central bank on Thursday issued three-year and one-year central bank bills worth up to 29 billion yuan (US$3.97 billion) at a yield of 4.56 percent and 3.41 percent respectively.

Equity funds get green light to raise $2b

2008-01-24 10:27:20

China's securities regulator has approved three new domestic equity funds to raise over $2 billion, people close to the situation said yesterday.

SOEs post 32% rise in profits

2008-01-23 23:20:20

China's State-owned enterprises posted a 31.6 percent rise in 2007 total profits buoyed by a strong economy, the Ministry of Finance said Wednesday.

Sydney to Shanghai: Sell, sell, sell

2008-01-23 10:13:04

A man looks at stock market monitors in Shanghai on January 22, 2008. Shell-shocked investors from Shanghai to Sydney counted the cost to their pensions and savings as Asian stock markets tumbled. [Xinhua]

China ready to launch growth enterprise board

2008-01-23 11:49:16

China is to launch a growth enterprise board, private equities and stock index futures this year, said a senior official.

Most futures tumble as well

2008-01-23 10:29:53

Seventeen of the 19 commodity futures contracts traded on the mainland's three exchanges fell sharply yesterday in tandem with the worldwide market slump.

Central bank issues one-year bills worth 31b yuan

2008-01-22 23:30:40

The People's Bank of China, the country's central bank, on Tuesday issued one-year central bank bills worth 31 billion yuan at a yield of 4.0583 percent.

Shanghai index down 7.2%, Hang Seng crashes

2008-01-22 15:23:09

Chinese stock markets tumbled for a second day Tuesday, as worldwide worries about an imminent US recession led to panic selling.

Bank of China sheds 4.14% on writedown talk

2008-01-22 10:27:09

Bank of China Ltd fell yesterday after BNP Paribas SA said it may have to write down the value of overseas securities by 35 billion yuan.

Companies raise US$100b on stock markets in 2007

2008-01-21 20:56:38

A total of 242 Chinese enterprises were listed on both domestic and overseas stock markets last year, raising about US$104.8 billion.

Chinese funds lose almost $10b in 4th quarter

2008-01-22 15:14:41

More than 60 percent of the funds on the Chinese market reported losses for the fourth quarter of 2007, totaling 72.1 billion yuan ($9.9 billion).