CCB raises minimum down payment in Zhejiang

2011-05-11 13:12:00

Home buyers in some parts of China are starting to face increasing mortgage requirements as Chinese state-owned commercial banks are setting higher requirements as part of the new moves to tighten real estate credit.

PBOC drains 80 billion yuan

2011-05-11 11:20:36

China's central bank drained 80 billion yuan ($12.3 billion) from the money markets through 28-day bond repurchase agreements on Tuesday, traders said.

Gold price opens higher in Hong Kong -- May 11

2011-05-11 11:12:17

The gold price in Hong Kong went up HK$70 to open at HK$14,070 per tael on Wednesday, according to the Chinese Gold and Silver Exchange Society.

Hong Kong stocks open higher -- May 11

2011-05-11 11:11:31

Hong Kong stocks moved up 173.01 points, or 0.74 percent, to open at 23,509.01 on Wednesday.

RMB hits new high against US dollar - May 11

2011-05-11 11:10:36

e Chinese currency renminbi, or the yuan, Wednesday gained two basis points from the previous trading day to hit a record new high of 6.4948 per US dollar.

China stock index futures open higher - May 11

2011-05-11 11:09:11

China's stock index futures opened higher Wednesday. The contract for settlement in May, the most actively traded, opened 0.6 points higher at 3,155 from the previous close.

Market exchange rates in China - May 11

2011-05-11 11:08:13

The following are the central parity rates of the renminbi against seven major currencies announced Wednesday by the China Foreign Exchange Trading System

Chinese shares open slightly lower - May 11

2011-05-11 11:07:18

Chinese shares opened slightly lower on Wednesday, with the benchmark Shanghai Composite Index down 0.01 percent to 2,890.35.

China's April new bank lending at 740b yuan

2011-05-11 10:40:27

China's new bank lending, an important indicator of the monetary policy, stood at 739.6 billion yuan ($113.8 billion) in April, shranking 20.8 billion yuan from a year earlier, said the People's Bank of China on Wednesday.

China's fixed asset investment up 25.4% in first four months: NBS

2011-05-11 10:21:14

China's urban fixed asset investment rose 25.4 percent year on year in the first four months to reach 6.2716 trillion yuan ($965.6 billion), the National Bureau of Statistics (NBS) announced Wednesday.

China's retail sales of consumer goods up 17.1% in April

2011-05-11 10:19:40

China's retail sales of consumer goods rose 17.1 percent year-on-year in April this year, the National Bureau of Statistics (NBS) announced Wednesday.