Chinese IPOs in US to surge by 50% in 2011

2011-03-08 13:44:57

The number of Chinese companies listing in the United States will surge by 50 percent this year after hitting a record high in 2010, said a senior partner of Ernst & Young on Monday. 

IPO rules to be amended, says regulator

2011-03-08 10:37:52

China will further amend the rules for initial public offerings (IPO) and cut red tape involved in the approval process in a move to substantially increase the proportion of direct financing, the country's top securities regulator said on Monday.

Chinese IPOs in US to surge by 50% in 2011

2011-03-08 07:55:21

The rise will be triggered by the expected yuan appreciation, China's projected economic growth.

More loans for key industries

2011-03-07 16:57:18

The Industrial and Commercial Bank of China will double its lending to China's new strategic industries.

Shanghai will pilot insurance exchange

2011-03-07 16:08:55

The central government will initiate a pilot insurance exchange in Shanghai, said Wu Dingfu, the head of the China Insurance Regulatory Commission (CIRC).

China stocks end sharply higher Monday

2011-03-07 15:54:16

China stocks closed sharply higher and tested the key psychological marks Monday, lifted by investors' moves to buy shares of resources companies.

Banking on plastic to pay bills bit by bit

2011-03-07 13:16:32

Now that China's annual shopping spree is over, commercial banks have embarked on big promotional campaigns in order to maximize their profits. 

China to cut bank loans to local govts

2011-03-07 10:04:54

China is cutting the size of outstanding bank loans to local government financing vehicles, Liu Mingkang, the head of China's bank regulatory body, was quoted as saying on Monday.

China to expand RMB use in cross-border trade and investment

2011-03-05 10:41:55

China will continue to increase the use of its currency renminbi in cross-border trade and investment this year, says a government work report to be delivered by Premier Wen Jiabao at the annual session of the national legislature on Saturday.

China to curb rise of housing prices

2011-03-05 09:02:24

The Chinese government will firmly curb the excessively rapid rise of housing prices in some cities this year, says a government work report.

China's yuan rises to record high of 6.5671 per US dollar

2011-03-04 10:53:36

The Chinese currency renminbi (RMB), or the yuan, on Friday strengthened to an all-time high of 6.5671 per US dollar, according to the China Foreign Exchange Trading System.

China new bank lending under 600b yuan in Feb

2011-03-04 10:30:06

Chinese banks extended less than 600 billion yuan ($91.31 billion) in new loans in February, the China Securities Journal reported on Friday quoting industry sources.