Hong Kong shares up 0.1% by midday -- May 20

2011-05-20 13:44:53

Hong Kong stocks gained 23.75 points, or 0.1 percent, to close Friday's morning session at 23,187.13.

CBRC head warns risk of cross-border capital flows

2011-05-20 13:43:32

China's top banking regulator on Friday warned the country's banking system to prepare for the adverse impact of massive cross-border capital flows.

HK to enhance Mandatory Provident Fund system

2011-05-20 13:26:07

The chief executive of Hong Kong Special Administrative Region Donald Tsang said here on Thursday that the Hong Kong government is working with the Mandatory Provident Fund (MPF) Authority to review and enhance the MPF system.

China's high saving rate risks overheating

2011-05-20 11:11:21

China's high saving rate may lead to high investment, which could in turn trigger overheating and overcapacity in some fields, or even asset bubbles, said Zhou Xiaochuan, governor of the People's Bank of China.

Markets fall on interest rate, costs concerns

2011-05-20 10:51:04

Stocks of Chinese mainland fell for the first time in three days, led by property developers and power producers, on concern the central bank will boost borrowing costs and higher energy costs will hurt corporate earnings.

ChiNext Index opens lower Friday

2011-05-20 10:43:33

ChiNext Index opened 0.83 points lower at 884.06 Friday.

Hong Kong stocks open 0.23% higher

2011-05-20 10:42:28

Hong Kong stocks went up 52.24 points, or 0.23 percent, to open at 23,215.62 on Friday.

Gold price opens lower in Hong Kong -- May 20

2011-05-20 10:41:34

The gold price in Hong Kong went down eight HK dollars to open at HK$13,860 per tael on Friday, according to the Chinese Gold and Silver Exchange Society.

WGC issues glowing report on gold demand

2011-05-20 10:37:48

China's demand for gold continues to grow, led by the country's taste for gold jewelry. It also has been the largest physical bar and coin investment market.

China's yuan continues to strengthen against USD Friday

2011-05-20 10:19:27

The Chinese currency Renminbi, or the yuan, strengthened against the US Dollar (USD) for the third consecutive trading day on Friday.

Chinese shares open mixed Friday

2011-05-20 10:18:32

Chinese shares opened mixed on Friday, with the benchmark Shanghai Composite Index down 0.04 percent to open at 2,858.31.

Yuan settlement in cross-border trade tops $82b

2011-05-20 09:08:37

China's yuan settlement in cross-border trade topped 530 billion yuan ($81.54 billion) in the first four months of 2011, said an official with the central bank on Thursday.