Zurich Financial set to sell 25% of its NCI stake
2011-03-04 10:11:02
China International Capital Corporation and Nomura Securities Co have agreed to buy a 2.5 percent stake each in New China Life Insurance Co (NCI) from Zurich Financial, industry sources said.
CBRC mulls differentiated supervision policies on small firms' loans
2011-03-03 16:19:27
China will encourage banks to lend more to companies with registered capital lower than 5 million yuan ($761,000), caijing.com.cn reported late Wednesday, citing Liu Mingkang, chairman of the China Banking Regulatory Commission (CBRC).
Sands' shares slide after news of US probes
2011-03-03 13:25:04
Sands China Ltd fell the most in more than a year in Hong Kong trading after its majority shareholder, billionaire Sheldon Adelson's casino company, said it faced investigations from the US Securities and Exchange Commission (SEC) and the Justice Department.
Inflation concerns drive markets lower
2011-03-03 10:39:20
Stocks on the Chinese mainland fell on Wednesday, driving the benchmark index down by the most in a week. The retreat came on concern that inflation will accelerate as crude prices topped $100 a barrel.
CIC plans capital injection
2011-03-03 09:58:48
A capital injection plan for China Investment Corp (CIC), the country's $300 billion sovereign wealth fund, has been submitted to the State Council for approval, according to sources close to the matter.
China to further expand cross-border yuan trade settlement
2011-03-03 09:34:13
The People's Bank of China (PBOC), the central bank, announced on Wednesday that it would further expand trial cross-border yuan trade settlements across the country this year.
Financial leasers thrive in agriculture
2011-03-03 09:31:50
Assets of China's financial leasing companies totaled 310 billion yuan ($47.15 billion) in 2010, playing an increasing role in promoting agriculture.
Yuan-based trade settlement volume increases
2011-03-02 13:34:05
The transaction volume of China's cross-border trade settled in yuan has increased sharply, as the government approved pilot companies to use the currency in direct overseas investments.
Shanghai and HK set for an IPO battle
2011-03-02 10:59:27
The stock exchanges in Shanghai and Hong Kong look set for a collision course as they seek to attract yuan listings by foreign companies.
Shares extend gains as slowing home prices ease concerns over tightening
2011-03-02 10:16:41
Stocks on the Chinese mainland rose, extending the benchmark index's first monthly gain since October, as slowing growth in manufacturing and home prices eased concerns that the government will take more tightening measures to tame inflation.
HSBC plans to expand more in Chinese mainland
2011-03-02 10:00:34
HSBC, Europe's biggest lender, is set to continue its expansion on Chinese mainland and will set up 15 new outlets in cities and three rural outlets this year, a senior executive said on Tuesday.
China stocks close higher Tuesday
2011-03-01 16:09:49
Chinese shares closed higher Tuesday with the benchmark Shanghai Composite Index up 14.65 points, or 0.5 percent, to end at 2,919.85.
