Venture capital, private equity mark the future
2011-05-28 10:39:33
Individual investors in Wenzhou have realized that they should look at developing industries, such as renewable power, to seek better opportunities.
Bocom looks to lure workers with higher pay
2011-05-28 10:24:46
Bocom International Holdings Ltd, the overseas securities unit of China's fifth-largest lender, plans to hire staff from foreign rivals to help it reach a target of doubling investment banking revenue this year.
China's demand for gold to keep rising
2011-05-28 09:48:26
Chinese demand for gold bars and coins as private investments could push bullion imports above 400 tonnes in 2011, the leading global consultancy GFMS said on Friday.
Stocks decline on profit-growth worries
2011-05-28 09:32:39
The Stock decline came after a report showed profit growth slowed among industrial companies and concern intensified that inflation will accelerate this month.
US: China not manipulating currency
2011-05-28 09:12:44
The US Treasury Department said in a report released on Friday that China was not manipulating its currency.
SAFE simplifies capital account management
2011-05-28 09:10:50
China's foreign exchange regulator announced Friday that it will simplify some procedures regarding the management of capital accounts in a bid to encourage trade and investment.
China Unionpay issues first debit card in Laos
2011-05-27 11:21:37
China Unionpay, a national bank card association, said on Thursday that it has issued its first Unionpay debit card in the People's Democratic Republic of Laos.
Third-party payment licenses granted to 27 firms
2011-05-27 09:30:31
The People's Bank of China offered third-party payment licenses to 27 companies including Alipay, Unionpay and a unit of Tencent Holdings Ltd, the central bank said in a statement posted on its website on Thursday.
Banks given capital adequacy ratio timetable
2011-05-27 09:21:10
The China Banking Regulatory Commission (CBRC) on Thursday required six major banks to submit the results of their capital-adequacy ratio (CAR) calculations before June 3.
ChiNext Index closes down -- May 26
2011-05-26 16:29:03
The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, fell 11.43 points, or 1.36 percent, to close at 830.92 on Thursday.
Interest rates on inter-bank market break 5%
2011-05-26 16:27:54
Interest rates on the inter-bank market, after days of increasing, rose sharply again on Wednesday, China Securities Journal reported. The rise shows the effectiveness of the recently issued tightening monetary policies.
Shenzhen Development Bank mulls refinancing plan
2011-05-26 11:17:24
Shenzhen Development Bank's board of directors is considering supplementing capital through private offerings of additional shares and allotment, China Business News (CBN) reported Thursday, citing Sui Ning, the bank's chairman.
