Bank of Beijing, ING to boost capital in China JV

2011-04-11 13:31:57

Bank of Beijing Co Ltd said on Monday that it has agreed with ING Insurance to lift capital investment in a Chinese joint venture by 600 million yuan ($91.81 million).

BOCOM expands wholesale business in US

2011-04-11 10:05:53

China's Bank of Communications (BOCOM) said on Sunday that the bank will broaden its wholesale services in the United States to include deposit-taking, lending and trade finance.

Government boosts the bond markets

2011-04-09 10:15:51

China will encourage businesses to raise funds by issuing bonds, and will gradually open up the bond and other financial markets to overseas investors.

China to further open up its financial market: PBOC

2011-04-08 14:59:12

China will further expand, optimize and open up its financial market, and gradually reduce central government market interventions in 2011, the People's Bank of China (PBOC) said in a report Friday.

Rising sales push Vanke shares to 3-month high

2011-04-08 13:23:39

Shares of China Vanke Co jumped to their highest level in more than three months on Thursday. The advance came after the property company said March sales climbed and Goldman Sachs Group Inc told investors to buy Chinese property stocks.

Bank of Beijing may unveil fundraising plan

2011-04-08 13:22:35

Bank of Beijing , a city-focused lender, may announce a plan to raise funds via a share placement following a trading suspension of its shares, Reuters reported Friday, citing a Chinese newspaper's report.

China's rate hikes make stocks a buy at banks

2011-04-08 12:52:19

China's repeatedlyinterest-rate increase measures in the past six months is spurring the world's biggest banks to say it's time to buy stocks in the fastest-growing major economy, Bloomberg News reported on Friday.

Exchange runs into bubble trouble

2011-04-08 06:49:56

Frenzied investors lapping up shares of relatively unknown artist for record prices.

Overseas property vendors eager to sell in Beijing

2011-04-08 09:55:02

The number of overseas property projects exhibited at the ongoing spring session of the Beijing Real Estate Expo doubled to more than 80 from last year.

Stock that paints a pretty and profitable picture for investors

2011-04-08 06:49:56

Shares in two paintings soared to 18 times the opening price on the Tianjin Cultural Artwork Exchange.

China to float another 30b yuan in fourth-batch T-bonds

2011-04-07 16:18:21

China's Ministry of Finance on Thursday announced plans to sell another 30 billion yuan ($4.6 billion) worth of the fourth-batch book-entry treasury bonds this month.

Copper demand set to grow

2011-04-07 14:51:27

Freeport-McMoRan Copper & Gold Inc said it's confident Chinese copper demand will continue to rise even as the nation hikes interest rates to cool inflation.