Economy on verge of overheating

2007-08-01 16:31:12

China's economy remains on the brink of overheating following another 12 months of soaring industrial output and money supply, a central government report said on Wednesday.

New fund investors outnumber stock fans

2007-08-01 16:34:58

Chinese investors opened more new mutual fund accounts than stock accounts on Monday for the first time since May 31, according to statistics from China's clearing house.

IMF says China to lead world economic growth

2007-08-01 16:28:24

China and India are the new engines of world economic growth, replacing the United States and other developed countries, IMF managing director Rodrigo Rato said yesterday.

Yuan steady despite pressure

2007-08-01 10:15:45

The yuan remained relatively stable despite anticipated pressure from the United States while its Treasury Secretary Henry Paulson visits Beijing.

Plastic futures now on sale

2007-08-01 08:56:44

Plastic futures debuted yesterday at the Dalian Commodity Exchange in the coastal city in northeast China's Liaoning Province.

The name game of Haitong

2007-08-01 08:50:14

Shares of Haitong Securities Co started trading under the company's own name yesterday on the Shanghai Stock Exchange, according to the exchange's Website.

Central bank to tighten real estate credit

2007-08-01 08:43:01

The central bank's Shanghai headquarters said last weekend it will intensify supervision on credit flows of both real estate developers and house buyers, the Beijing Times reported today.

Reserve ratio hike fails to slow indices

2007-08-01 08:32:24

Major Chinese stocks absorbed the impact of the overnight reserve ratio hike decision with a slight correction in the morning and obtained another new high on Tuesday.

Financial stability in regions improved

2007-08-01 08:27:37

China's regional financial stability has generally improved in 2006 thanks to robust economic growth, a central bank report said yesterday.

CREC A share offer okayed, H shares pending

2007-07-31 15:49:23

China Railway Engineering Corporation(CREC) made a big step in its listing plan by hitting the domestic A share market, a source from CREC management said.

Poly plans share offer to fund expansion

2007-07-31 12:43:49

Shanghai-listed developer Poly Real Estate Group Co will issue up to 350 million shares to raise 19.42 billion yuan to fund expansion.

NASDAQ-style board expected next year

2007-07-31 11:52:57

The country is expected to set up a long-delayed NASDAQ-style stock exchange next year, an industry official was quoted as saying yesterday.