Bullish stock market spurs securities companies

2008-01-18 10:55:48

Eight small and medium-sized securities companies have posted 543 percent growth in combined yearly net profit to 5.21 billion yuan in 2007, thanks to the booming stock market.

Everbright Securities sees IPO by March or April

2008-01-18 14:07:49

China Everbright Securities will seek to complete an initial public offering (IPO) by March or April, parent China Everbright Group said.

Sinosteel sales jump 83%

2008-01-18 10:35:09

Sinosteel Corp, China's leading raw materials and service provider, said its 2007 sales increased 83 percent as the company restructured its business.

Banks show record figures

2008-01-18 09:16:36

A worker furbishes the logo of a bank. Banks in Shanghai reported good results for 2007 on efforts to diversify and the country's booming economy. [China Daily]

CNPC assets hit 1.54 trln yuan

2008-01-18 09:19:35

The assets of China National Petroleum Corporation (CNPC) hit 1.54 trillion yuan ($212.4 billion) at the end of 2007, up 7.1 percent year on year.

Portfolio bleeds in bear attack

2008-01-18 09:15:03

As domestic stock markets fluctuated in the past weeks, many individual investors suffered dramatic changes in their stock accounts.

Stocks plummet on tightening measures

2008-01-17 16:11:31

Chinese shares continued to lose ground on Thursday, with the Shanghai Composite Index falling 2.63 percent on tightening measures and price curb policies.

London Stock Exchange to open office in Beijing

2008-01-17 13:32:08

The London Stock Exchange is set to open a marketing office in Beijing this week, the daily Financial Times reported Wednesday.

Mainland listing rules under the spotlight

2008-01-17 09:29:06

When shares slumped in PetroChina, Asia's most profitable company, after its stellar debut in Shanghai, mainland listing rules came under the spotlight.

Sinopec units' shareholders rebuff stock plan

2008-01-17 09:41:38

Shareholders of two China Petroleum & Chemical Corp units rejected a plan to increase the amount of stock available on the mainland market.

HK gold futures likely soon

2008-01-17 09:12:27

Gold futures and options are likely to be launched on the Hong Kong exchange this year, pending regulatory approval.

Brokers required to disclose more

2008-01-16 16:36:48

The China Securities Regulatory Commission issued a revised rule last night requiring securities firms to adopt new accounting standards in their information disclosure.