Chinese firms raise 1t yuan from A-share markets in 2010

2011-01-15 11:03:22

Chinese listed companies raised 1.02 trillion yuan ($154.8 billion) of funds through their financing activities in the A-share stock markets last year, the China Securities Regulatory Commission (CSRC) said Friday.

China's bankcard transactions hit new high in 2010

2011-01-15 10:59:36

China's bankcard transactions jumped 46 percent to 11.2 trillion yuan ($1.67 trillion) in 2010 from a year earlier, according to latest figures by China UnionPay Co Ltd (CUP) Friday.

Rate rise rumors prompt declines

2011-01-15 10:17:51

Stocks on the Chinese mainland fell, erasing the benchmark index's gains this year.

Commercial banks urged to trade bonds

2011-01-15 09:54:47

China will encourage listed commercial banks to trade bonds on the stock exchanges in a move to substantially increase the proportion of direct financing, the country's top securities regulator said on Friday.

China's bankcard transactions hit new high

2011-01-14 17:55:27

China's bankcard transactions jumped 46 percent to 11.2 trillion yuan ($1.67 trillion) in 2010 from a year earlier, according to latest figures by China UnionPay Co Ltd (CUP) Friday.

China's yuan hits new record high at 6.5896 per US dollar

2011-01-14 14:23:32

The Chinese yuan strengthened to a record high against the US dollar Friday, the central parity rate reaching 6.5896, the second straight day it has been set below 6.6 per dollar.

China to increase yuan flexibility

2011-01-14 14:22:10

China will increase the flexibility of its yuan exchange rate and further push forward the opening-up of its financial markets, a senior central bank official said Friday.

European PE firms bet big on China

2011-01-14 10:42:12

Fund managers keen on equity investments in fast-growing sectors.

'Big Four' banks' new RMB loans soar

2011-01-14 09:57:22

China's four biggest State-owned commercial banks issued credit totaling 240 billion yuan in the first ten days of January, National Business Daily reported Friday, citing interbank data.

Chinese shares rise for the 3rd day Thursday

2011-01-13 16:11:09

Chinese shares gained for the third consecutive day Thursday, with the benchmark Shanghai Composite Index up 0.23 percent, or 6.41 points, to end at 2,827.71.

China's 1st gold-backed ETF roars into business

2011-01-13 14:06:00

China's first gold-backed exchange-traded fund (ETF) has raised more than 3.2 billion yuan ($483 million) after the fund closed its subscription on Monday.

JP Morgan to finish preparatory work for Chinese securities JV in Q2

2011-01-13 13:59:20

JP Morgan Chase & Co (JP Morgan) will finish preparatory work for its recently-authorized Chinese securities joint venture in the second quarter, Shao Zili, chairman of the company's greater-China area operations, said Thursday.