Shanghai's OTC equity exchange to start in September
2011-08-05 10:37:56
Shanghai's Over-The-Counter equity bourse, launched in July 2010 in the city's Zhangjiang Innovation Park, is expected to begin operations by September.
China pledges to stem speculative money influx
2011-08-05 10:01:40
China's foreign exchange regulator said Thursday that it will make combating the influx of speculative money a major priority in the second half of this year.
China's stocks post slight gain--August 4
2011-08-04 15:39:59
China's stocks rebounded slightly Thursday after losing for two days, with the benchmark Shanghai Composite Index up 0.21 percent to close at 2,684.04.
Yuan lifted as bond yield gap nears a record
2011-08-04 14:25:48
The yuan is strengthening at the fastest pace in three months as Chinese bonds' near-record yield premiums over US Treasuries draw funds from abroad.
Enlight rises more than 40% in IPO
2011-08-04 14:26:05
Shares in Beijing Enlight Media Co Ltd, a private media company, surged more than 40 percent from the offering price of 52.5 yuan ($8.16) on its stock market debut on Wednesday, in what analysts said was a sign of things to come as many entertainment and media companies go public.
Hot money warms summer stamp sales
2011-08-04 13:15:28
Thanks to hot money, China's postage stamp market won't take a summer vacation this year. Most stamp prices kept rising in July and August, usually the slow season for stamp sellers.
China's yuan hits new high against dollar
2011-08-04 10:26:56
The Chinese currency Renminbi, or the yuan, strengthened 55 basis points to 6.4386 per US dollar on Thursday, the highest since China started the exchange rate reform six years ago, according to the China Foreign Exchange Trading system.
HSBC to enter China gold future market
2011-08-04 09:51:01
China giving HSBC Holdings Plc entry to its gold futures market, a first for a foreign bank, is likely a harbinger of a further opening to local and overseas institutions to trade the precious metal.
China Resources Land issues $250m notes
2011-08-04 09:40:36
China Resources Land Ltd said it had issued $250 million worth of 4.625 percent senior notes due in 2016, Reuters reported Thursday.
AmEx to keep ICBC stake
2011-08-04 09:26:18
American Express Co has assured Industrial and Commercial Bank of China Ltd (ICBC) it wants to keep its stake in the lender after entering into a contract to hedge fluctuations in the stock price.
Great Wall Motor gets approval for IPO
2011-08-04 09:11:05
China's securities regulator on Wednesday approved a plan by Great Wall Motor Co Ltd for a Shanghai initial public offering (IPO) worth about $500 million.
Hong Kong stocks close 1.91% lower
2011-08-03 17:39:42
Hong Kong stocks lost 428.74 points, or 1.91 percent, at 21,992.72 on Wednesday.
