Investors see new stimulus, lift stocks by 1.3%

2011-08-16 10:41:58

Stocks on the Chinese mainland rose on Monday, driving the benchmark index to its biggest gain in a month, on speculation the government will introduce measures to boost economic growth.

Restaurant chain Ajisen slumps as trading resumes

2011-08-16 10:16:17

Trading of Hong Kong-listed Japanese-style fast food chain operator Ajisen (China) Holding Ltd (ACHL) resumed on Monday, with the share price slumping some 7.24 percent.

Gold price opens higher in Hong Kong

2011-08-16 10:13:53

The gold price in Hong Kong went up HK$190 to open at HK$16,380 per tael Tuesday, according to the Chinese Gold and Silver Exchange Society.

China stock index futures close up -- Aug 15

2011-08-15 17:24:01

China's stock index futures closed up on Monday with the contract for August, the most actively traded, up 1.0 percent from the previous trading day to 2,896 points.

Hong Kong stocks end over 3% higher--Aug 15

2011-08-15 16:51:42

Hong Kong stocks surged 640.09 points, or 3.26 percent, to close at 20,260.10 points on Monday led by financial stocks.

ChiNext Index closes up -- Aug 15

2011-08-15 16:48:43

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose 16.19 points, or 1.75 percent, to close at 942.49 on Monday.

China stocks close 1.3% higher--Aug 15

2011-08-15 15:33:45

China's stocks closed higher on Monday with the benchmark Shanghai Composite Index up 1.3 percent, or 33.60 points, to close at 2,626.77.

China's Tudou's IPO fully subscribed

2011-08-15 14:52:47

An initial public offering by China's Tudou, which is looking to raise $180 million on the Nasdaq, was multiple times subscribed, IFR reported on Monday.

Tsingtao Brewery Co H1 profits jump 22%

2011-08-15 13:24:26

Tsingtao Brewery Co, China's second-largest brewer by volume, said on Sunday its first-half profits rose 21.62 percent year-on-year due to higher sales volume and expanded production capacity

Heading for a double-dip?

2011-08-15 13:20:41

This is not global financial crisis 2 but these substantial trend changes have increased the potential to develop a double-dip environment. 

Citic Securities seeks $804m from asset sale

2011-08-15 13:11:05

Citic Securities Co said Friday it plans to raise 5.14 billion yuan ($803.7 million) by selling a 31% stake in its China Asset Management Co unit to three parties.

PBOC injects 70b yuan into market this week

2011-08-12 18:01:13

People's Bank of China (PBOC), China's central bank, injected a net 70 billion yuan ($10.95 billion) into the market through open market operations this week.