Smaller commercial banks report better performance

2007-11-24 11:23:15

China's city-level commercial banks recorded an average non-performing loan (NPL) ratio at four percent for this year, down form the 15.26 percent level at the end of 2003.

Large-cap stocks lead to market recovery

2007-11-24 10:26:04

A man cleans the floor at a securities exchange in Nanjing, East China's Jiangsu Province, on Friday. The stock market recovered slightly on Friday. [Agencies/China Daily]

Logistics firm's shares disappoint

2007-11-24 09:30:23

Shares in Sinotrans Shipping Ltd, China's third-largest bulk vessel owner, slumped during its Hong Kong trading debut.

China Shipping gets nod for IPO

2007-11-24 09:23:03

China Shipping Container Lines Co Ltd (CSCL) on Friday received approval for its A-share initial public offering (IPO) from the China Securities Regulatory Commission.

SMEs' first joint bonds applauded

2007-11-22 08:53:42

After 16 months' preparation, 20 SMEs in Shenzhen,jointly issued a bond last Wednesday to raise 1 billion yuan from institutional investors.

Shanghai fuel oil futures see record one-day surge

2007-11-21 17:38:34

Shanghai fuel oil futures rose 2.54 percent, the biggest one-day price surge since mid October, tracking the rocketing international crude oil prices.

Key stock index tumbles below 5,000-point mark

2007-11-22 16:22:40

Chinese stocks continued the downward trend on Thursday, tumbling more than four percent to close below 5,000 points, amid a global sell-off.

China Railway sets A-share range

2007-11-21 10:44:32

China Railway announced yesterday it had set the price range of its A-share IPO at 4 yuan to 4.8 yuan apiece and had begun the offline subscription.

BOC opens new UK outlet

2007-11-21 23:40:20

The Bank of China on Wednesday held an opening ceremony for its new outlet in London which provides retail services to local individuals and companies.

Ping An premiums reach 83b yuan by Oct

2007-11-21 11:27:46

China Ping An, one of the leading insurers in China, collected 83.2 billion yuan (US$11.2 billion) in premiums in the first 10 months of this year.

China likely to extend gains

2007-11-21 08:02:10

Investors are hoping that China's Shanghai Composite Index has finally snapped its recent losing streak ahead of Wednesday's market open.

Polluters to be shut out of stock market

2007-11-21 07:16:34

Major industrial polluters will be barred from raising capital on the stock market, the top environment watchdog said while pledging to step up efforts to reduce industrial waste.