Funds and brokers to benefit from new rules

2007-06-21 08:52:10

China's stock regulator said yesterday it will allow fund managers and brokers to invest clients' capital in overseas securities.

Vetting soon for Guoyuan's listing plan

2007-06-21 08:44:58

Guoyuan Securities' listing plan is set to be vetted by regulators soon, which might make it the second domestic broker to launch a reverse takeover, industry sources said yesterday.

Survey finds Chinese prefer investing in stocks and funds

2007-06-21 08:37:35

Chinese residents favor stock and fund investment, whose attraction surpassed savings for the first time, amid a booming stock market, the central bank found in survey.

Hong Kong targets foreign listings

2007-06-21 08:33:10

Efforts by Hong Kong Exchanges and Clearing to attract more foreign companies will not harm mainland companies listed or considering listing on the bourse, its chairman said.

Stocks lose 4,200-point ground after sudden divings

2007-06-20 16:07:00

Chinese stocks were dragged down 2.07 percent by a few sudden divings and lost the 4,200-point ground today, after edging up for most of the day and twice hitting through the 4,300-point mark..

PetroChina may raise US$5.6b in Shanghai

2007-06-20 15:40:54

PeroChina Co plans to sell US$5.6 billion of stock in Shanghai in what may become the nation's largest share sale this year

6b yuan public fund illegally invested in stocks

2007-06-20 15:25:42

More than 6 billion yuan in public funds was illegally invested in the stock market from 2003 to 2006 in Shanghai, according to statistics from the Shanghai Superior People's Court.

Central bank orders to prevent market risks

2007-06-20 13:31:41

The central bank's Shanghai headquarters yesterday issued a report warning investors to prevent market risks caused by changing expectations, National Business Daily reports.

Nanjing and Ningbo city banks set to be first to launch IPO

2007-06-20 13:28:35

Bank of Nanjing and Bank of Ningbo are expected to become China's first two city-level commercial banks to raise funds by going public, Shanghai Securities News reported yesterday.

Stock bourses check firms' compliance with guidelines

2007-06-20 12:59:33

China's two stock bourses are checking public firms' compliance with regulatory internal-control guidelines in a bid to strengthen corporate governance, sources said yesterday.