Regulator: Illegal bank money barred from stock market

2008-04-25 17:45:28

Financial regulators will continue to monitor bank funds and prevent them from flowing into the stock market illegally.

Shares down 0.71% driven by weak heavyweights

2008-04-25 16:03:59

Chinese shares seesawed over Friday trade to close down 0.71 percent, pulled down by weakened market heavyweights.

Rebound doesn't quell market jitters

2008-04-25 09:23:09

The stock market's prolonged tribulations have sapped investor confidence to the point that many took little joy from yesterday's upswing.

Taigang Steel, Camco reach carbon deal

2008-04-25 09:36:48

Camco Group has reached an agreement to buy 1 million tons of CO2 emissions from Taigang Stainless Steel Co by late 2009 under the clean development mechanism project.

Shares jump 4.15% led by financial rally

2008-04-23 15:38:38

The benchmark Shanghai Composite Index surged 4.15 percent on Wednesday led by a rally in financial, metal and mining stocks.

Huaneng Power Q1 net profit down 80% on higher coal prices

2008-04-23 11:37:33

Huaneng Power International Inc said first quarter net profit fell 79.95 percent year-on-year to 241.94 million yuan on higher coal costs, which offset a rise in electricity output.

Jiangxi Copper Q1 net profit up 46.42% on higher selling prices

2008-04-23 11:35:59

Jiangxi Copper Co Ltd said first quarter net profit rose 46.42 percent year-on-year to 1.26 billion yuan after obtaining higher selling prices for its main products.

Cosco 2007 profit soars 152%

2008-04-23 10:08:11

China Cosco Holding Co, owner of the world's largest dry-bulk fleet, yesterday announced 2007 profits up by 152 percent, helped by higher shipping rates and robust growth of dry-bulk services.

Mutual funds lose $93b in first quarter

2008-04-22 11:07:48

First-quarter losses by China's mutual funds soared, with 346 funds managed by 58 companies losing 647.5 billion yuan, eight times the amount of the previous quarter.

Fuel oil futures contracts touch all-time high

2008-04-22 09:08:48

Shanghai fuel oil futures contracts touched an all-time high since trading began in 2004, tracking the rocketing international crude oil price.

Corporate annuity fund to reach 8 trillion yuan in 2030

2008-04-21 09:57:21

China's corporate annuity fund will experience a robust growth over the coming years, reaching 1 trillion yuan in 2010 and 8 trillion yuan by 2030, according to governmental forecast.

Chinese shares open sharply higher

2008-04-21 10:31:37

Boosted by the regulator's measures to stabilize the market announced late Sunday, China's major stock index opened more than six percent higher on Monday.