Barren: Mainland market may double

2007-10-16 14:50:43

A Barren's article quoted Dator of US Global Investors as saying, "Given the way bubbles usually progress, the mainland market could theoretically double from these levels."

Baosteel earnings surge

2007-10-17 09:50:44

Baosteel Group Corp, China's biggest steelmaker, has already exceeded last year's full-year profit in the first nine months, driven by demand from automakers, shipbuilders and construction companies.

Fuel oil futures trading robust

2007-10-17 09:50:16

Fuel oil futures traded on the Shanghai Futures Exchange rose 1.07 percent to a record high, driven largely by the continuing surge in crude oil prices over the past few weeks.

Central Bank: CPI is major concern in interest hike

2007-10-17 11:04:21

The consumer price index (CPI), and not asset prices, is the major factor in decisions regarding raising interest rates, suggested Zhou Xiaochuan, chief of the People's Bank of China.

Xie Xuren: Prudent fiscal policy to be continued

2007-10-16 11:19:17

Minister of Finance Xie Xuren said Tuesday China will continue adopting prudent fiscal policy in the foreseeable future.

New record born in the launch of QDII funds

2007-10-16 14:29:47

With the debut of China's fourth stock-oriented QDII fund, China International Fund Management Co Ltd raised more than 100 billion yuan yesterday.

Danone to sell entire 20.01% stake in Bright Dairy

2007-10-16 11:02:24

Danone, the world's largest yogurt company, plans to sell its entire 20.01 percent stake in China's Bright Dairy & Food Co Ltd for 4.58 yuan per share.

Shanghai sees fewer new accounts in Sept

2007-10-16 11:53:33

The number of new stock investment accounts at the Shanghai Stock Exchange declined in September, according to a report by the Shanghai bourse.

30 central SOEs plan 'overall listing'

2007-10-15 14:03:43

Thirty central Stated-owned enterprises (SOEs) are planning overall listing, the China Business today cited an insider as saying.

Chinalco buys out another domestic rival

2007-10-16 09:49:17

Aluminum Corp of China (Chinalco), parent of publicly traded Chalco, has acquired China Non-ferrous New Metals Co, the latest in a string of takeovers of its domestic rivals.

PetroChina poised to list A shares next month

2007-10-16 07:15:19

PetroChina will go public on Shanghai's A-share market next month, said PetroChina Chairman Jiang Jiemin Monday.

China Mobile strives for return to A-share market

2007-10-16 11:54:55

Wang Jianzhou, general manager of China Mobile, said in Beijing Monday that his company is striving for return to the A-share market in the Chinese mainland.