Hudong may buy more assets from parent
2007-07-30 08:40:08
Hudong Heavy Machinery Co, the listed vehicle of China’s biggest shipbuilder, may buy more shipbuilding assets from its parent as it speeds up expansion to meet robust demand, its president said.
Economist urges quicker yuan rise
2007-07-30 08:36:10
The government should allow the yuan to appreciate to a suitable level in a short period of time to dampen speculative capital inflows, a prominent economist said Saturday.
China's indices survive global decline overnight
2007-07-27 17:18:02
In spite of heavy overnight losses on Wall Street and the European markets, major indices in the Chinese stock market managed to recover from a lower start and closed almost flat.
Property firm to by Changsha building
2007-07-27 13:29:21
Beijing North Star Co, a Beijing-based real estate developer, said its venture with another developer has agreed to buy a building site in Changsha for 9.2 billion yuan.
Resolving China's excess liquidity
2007-07-27 11:50:51
China's huge trade surplus and foreign exchange reserves have aroused wide concerns of economists.
Jim Rogers cautiously bullish on China stocks
2007-07-27 14:23:23
China's stock market is dangerously high but environmental protection, water, railways and renewable energy stocks are still worth holding, fund manager and investment author Jim Rogers said on Thursday.
ICBC to add loans for small enterprises to 500 bln yuan
2007-07-27 11:43:28
ICBC plans to further explore the burgeoning small enterprise market by offering loans of between 400 to 500 billion yuan to small enterprises over the next three to five years.
Leadership warns on overheated economy
2007-07-27 09:21:49
The economy has to be stopped from becoming overheated and to ensure that officials at all levels will implement the central government's policies, the country's leadership said yesterday.
Baiyun airport inks more cargo deals
2007-07-27 09:14:46
Guangzhou Baiyun International, one of the country's three busiest airports, is expanding its efforts to become an international air cargo and logistics hub in south China.
CSRC targets share tipsters
2007-07-27 09:08:25
The China Securities Regulatory Commission has confirmed 11 cases of unlicensed securities consulting businesses operating on the Internet.
Anti-money laundering screws tightened
2007-07-27 08:58:44
The central bank has directed insurance and securities institutions to set up an anti-money laundering mechanism this year.
Cosco may buy bulk carriers
2007-07-27 08:50:34
China Cosco Holdings suspended trading on the Shanghai and Hong Kong stock exchanges yesterday.Sources speculated that it will announce a share sale to help it buy its parent's dry-bulk shipping business.