Copper, zinc soar to limits

2008-01-05 08:59:58

Copper and zinc futures jumped to the daily limits in Shanghai on Friday, aided by a global price surge.

Index up for 3rd consecutive day this week

2008-01-04 15:45:14

Chinese share prices closed higher in the first week of 2008, with the major index gaining 100 points over the end of last year to 5,361.57 points on Friday.

Ping An plans JV with UOB

2008-01-04 09:07:09

Ping An Securities, the securities arm of Ping An (Group) Co, is planning a joint venture fund management company with Singapore-based UOB Asset Management.

Shanghai Automotive to buy diesel engine maker

2008-01-04 08:53:50

Shanghai Automotive Industry Corp said yesterday it will buy 50.32 percent of Shanghai Diesel Engine Corp, a subsidiary of Shanghai Electric.

Minsheng gets go-ahead for fund venture

2008-01-04 09:17:15

Minsheng Banking Corp said yesterday it's been approved to set up a fund management company with Royal Bank of Canada and Three Gorges Financial Co.

Chinese funds expand more than two times in 2007

2008-01-04 08:40:45

Chinese funds have struck a spectacular growth in 2007, as they now managed 3,199.74 billion yuan (US$438.32 billion), more than two times the money they had in 2006.

Survey reveals bullish outlook for this year

2008-01-04 09:18:45

The government should do more to lure initial public offerings from other international markets, according to a recent business sentiment survey.

More oil futures products needed

2008-01-04 08:52:00

The continuous surge of international crude oil prices is posing an urgent need for China to establish a comprehensive energy futures market.

Lenovo launches new product line

2008-01-04 09:58:38

Computer maker Lenovo yesterday launched a new brand of notebooks and desktops in an effort to tap the growing consumer market.

Pudong Bank profit soars 64%

2008-01-04 09:06:36

Pudong Development Bank said its net profit jumped 64 percent to 5.5 billion yuan last year, aided by strong loans growth.

Banks told to educate investors

2008-01-03 09:51:38

The banking regulator issued guidelines yesterday encouraging commercial lenders to educate investors as more financial products are added to the market.

PWC: IPOs may set record in China this year

2008-01-03 15:45:38

The value initial public offerings in China may break last year's record as more companies traded in Hong Kong are allowed to sell shares on the mainland's bourses.