Bank lending over 500b yuan in Feb: Report

2011-03-10 15:49:13

China's banks might extend over 500 billion yuan ($76 billion) worth of new loans in February, the China Securities Journal reported Thursday.

Ex-regulator sees red-chip paradise on the mainland

2011-03-10 13:48:26

The launch of an international board in Shanghai will not diminish Hong Kong's attractiveness to the mainland and foreign listings in the near term, said a former stock market regulator who used to serve on both sides.

Liquid maker Dukang issues TDRs on TWSE

2011-03-10 13:12:07

Chinese mainland distillery, Dukang Distillers Holdings Limited, began issuing 130 million units of Taiwan depository receipts (TDRs) on the Taiwan Stock Exchange (TWSE) at NT$18.65 (63 cents) per unit on Wednesday.

CDB to finance Indian telecom operator

2011-03-10 11:15:46

Indian private-owned leading telecom operator Reliance Communications Wednesday said that it had signed the final document to tap $1.93 billion loans from Chinese lender China Development Bank (CDB).

BNMC planning Shanghai listing

2011-03-10 11:10:39

Gansu-based Baiyin Nonferrous Metals Corporation (BNMC), China's leading nonferrous metals producer, is planning a listing on the Shanghai stock exchange this year, in a bid to invest in overseas mining resources.

BOC to see double-digit loan growth

2011-03-10 11:08:38

Bank of China, one of the country's top four lenders, expected to grow its loan business at a double digit rate this year, its chairman said Wednesday.

Miners sell bonds to tap growing demand

2011-03-10 11:05:06

China's biggest mining companies are selling the most bonds among the largest emerging economies this year, tapping demand from investors attracted by the highest relative yields since 2009. 

Dalian Commodity Exchange to launch coke futures

2011-03-10 10:44:51

China's Dalian Commodity Exchange will launch coke futures trading this year to provide new hedging tools for the industry, Liu Xingqiang, general manager of the exchange, told reporters here on Wednesday.

Shanghai bourse to vie for more new listings

2011-03-10 09:53:34

Shanghai Stock Exchange plans to attract 50 new listings each year during the 12th Five-Year Plan period (2011-2015).

Benchmark index closes above 3,000 points

2011-03-09 16:31:33

Chinese shares closed higher Wednesday with the benchmark Shanghai Composite Index up 2.21 points, or 0.07 percent, to 3,002.15, slightly above the market's psychological expectation of 3,000 points.

China scraps punitive reserves for some banks

2011-03-09 10:19:21

China has reversed punitive reserve requirements imposed on several banks after getting them to rein in their lending, two sources told Reuters on Tuesday, an indication of success in a crucial part of the government's campaign to control inflation.

HSBC may relocate to HK

2011-03-08 13:56:34

Europe's biggest bank HSBC Holdings Plc may be planning to move its headquarters from London to Hong Kong.