SAFE promises crackdown on 'hot money'

2011-08-05 10:15:34

China will resolutely crack down on "hot money", because the country may still face "relatively large" pressure from capital inflows in the second half, the SAFE said on Thursday.

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.

JPMorgan chasing revenue

2011-08-05 09:44:33

JPMorgan Chase & Co said it aims to triple its revenue in China over the next five years.

Tudou offering could shore up No 2 ranking

2011-08-05 09:50:12

Tudou Holdings Ltd could shore up its position in the sector with funds raised from a pending initial public offering.

China set to cap energy use

2011-08-05 09:14:13

A cap on Chinese energy consumption is expected to be the highlight of a comprehensive low-carbon plan to be issued later this year, Reuters reported Thursday, citing experts.

Nonferrous self-sufficiency rate set to increase by 2015

2011-08-05 09:20:08

China plans to raise its self-sufficiency in nonferrous metals by stepping up domestic exploration and overseas acquisitions during the 12th Five-Year Plan (2011-2015).

China to 'have own luxury clothes brand'

2011-08-04 16:40:14

China will boast its homegrown luxury clothes brands thanks to the growing market potential and rising brand awareness, an association official said.

China beefs up its smart grid

2011-08-04 16:22:56

Echelon Corp, which is based in the Silicon Valley, announced a partnership on Wednesday with China Holley Metering Ltd to provide smart metering products for the Chinese market.

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.

Hong Kong builders gain mainland edge

2011-08-04 15:00:32

Hong Kong developers are poised to snap up land on the Chinese mainland at a time when the fiances of their mainland rivals are being sapped by government property curbs.

From being an enemy to being a partner

2011-08-04 14:32:41

Chairman of Qualcomm Inc said the biggest challenge for him was to turn Qualcomm from an enemy disliked by many industry players to a popular and amiable partner.