China raises overseas investment quota to US$15b
2007-05-17 15:58:49
The nineteen banks holding QDII status shared a combined quota of US$15b, including a new increase of US$300m, said the State Administration of Foreign Exchange.
Top telecom players eye global markets
2007-05-17 10:15:19
Riding the wave of globalization, China's telecommunications equipment manufacturers are enhancing their performance to make strides in the international market.
Fund manager convicted of insider trading
2007-05-17 09:36:46
The China Securities Regulatory Commission said yesterday a fund manager at a fund management firm has been found guilty of insider trading.
Brand values on the increase in stock market
2007-05-17 08:58:20
The robust stock market has spurred a sharp rise in the brand equity of the country's private companies.
Stocks make U-turn, finish around critical frontier
2007-05-16 16:36:01
Chinese stocks opened lower but closed up today, with the Shanghai Composite Index ending at 3,922.51, up 86.87 points or 2.23 percent from the previous closing.
Chalco to issue bonds
2007-05-16 14:35:35
Aluminum Corp of China Ltd (Chinalco) plans to sell as much as 5 billion yuan worth of yuan-denominated bonds to replenish capital and purchase raw material.
Yangtze Power to buy generators
2007-05-16 14:28:56
China Yangtze Power Co said it plans to buy two generators from its parent company for 10.4 billion yuan.
Mainland shoe maker 500 times oversubscribed
2007-05-16 14:26:22
Belle International, a Chinese mainland footwear maker based in Shenzhen, received an oversubscription of more than 500 times for its retail tranche.
BoCom makes strong debut in Shanghai
2007-05-16 08:55:08
Bank of Communications Co Ltd (BoCom) made a strong debut on the Shanghai exchange yesterday.
Great Wall Computer to buy stake in TPV
2007-05-16 08:52:06
China Great Wall Computer Shenzhen Co Ltd plans to pay HK$1.14 billion to acquire 10.27 percent of Taiwan's TPV Technology Ltd.
Shenhua, Dow closer to clean coal plant
2007-05-16 08:46:24
Domestic coal mining giant Shenhua Group and US-based Dow Chemical Company have signed a cooperation agreement and announced plans for a feasibility study.
Stock index dragged down 3.64% by bank shares
2007-05-15 16:01:05
Mainland stocks opened higher but saw a big drop today. The Shanghai Composite Index ended at 3,899.18, down 147.21 points or 3.64 percent.