China orders major state-owned firms to report large investments
2007-08-02 13:11:10
China's state assets watchdog on Wednesday ordered all central state-owned enterprises to report their major investment activities in a bid to shun investment risks.
Risk notices required on warrants
2007-08-02 13:04:01
Chinese mainland stock exchanges started yesterday to require investors to sign risk acknowledgement memos with brokers before they begin trading warrants.
Two stock funds raise US$1.59b each
2007-08-02 12:56:27
Dutch bank ABN AMRO's fund arm in China and Great Wall Fund Management Co have raised 12 billion yuan each for stock funds they recently launched, underscoring bullish sentiment in the local stock market.
Another listing candidate may leave
2007-08-02 08:51:38
Jinduicheng Molybdenum Group, China's largest producer of the transition metal, is considering abandoning a simultaneous listing on the mainland and Hong Kong and will stick with public offering in Shanghai exclusively.
Major index rebounds over 60 points from yesterday's slump
2007-08-02 11:58:13
Most Chinese stocks recovered strongly Thursday during morning trading on Thursday amid investors' hopes for another new high.
Investors tap savings for trades in equities
2007-08-02 09:10:06
Shanghai's banking regulator said Tuesday that savings account withdrawals more than doubled in the first half, as cash was apparently lured away by the booming stock market.
China authorises first JV fund as QDII
2007-08-02 09:03:35
China's Harvest Fund Management Co. Ltd has become the first joint venture fund approved as a qualified domestic institutional investor authorized to invest overseas, and is set to launch its first offshore fund.
China reassures foreign investors on M&As
2007-08-02 08:56:58
Chinese officials have reassured overseas investors that the country still welcomes foreign investment in the form of mergers and acquisitions, amid domestic worries that they may threaten national economic security.
Economy could be stabilizing
2007-08-02 08:46:29
The National Bureau of Statistics index of purchasing managers in July shows the economy may stabilize in the coming months, analysts said.
Indices fall 170 points, from a new high
2007-08-01 17:34:28
Major Chinese stock indices suffered their greatest loss in four weeks on Wednesday, a result of a sizeable sell-off and internal corrections.
Baosteel acquisition deal approved
2007-08-01 16:44:55
Baosteel Group Corp became the controlling holder of Xinjiang Ba Yi Iron & Steel Co, listed in Shanghai, as the government approved the company's acquisition of Ba Yi's parent.
Yangtze Power revises profits
2007-08-01 16:41:02
China Yangtze Power Co, operator of the world's biggest hydropower project, yesterday revised its first-half profit higher because of an accounting error.