Red chip companies may return in July

2007-06-14 08:37:53

China may allow companies incorporated abroad and listed in Hong Kong to sell shares in the domestic stock market from July, the Shanghai Securities News reported.

Chalco may restructure Baotou firm

2007-06-14 08:32:50

Aluminum Corp of China Ltd, the nation's biggest aluminum maker, said it might restructure Baotou Aluminum Co, prompting speculation it will acquire the company's assets.

CSRC will approve corporate bond issuance

2007-06-14 08:25:24

The China Securities Regulatory Commission will be able to approve the issuance of bonds with durations above one year by Chinese listed companies, according to a draft rule.

Stocks ladder up to higher ground

2007-06-13 16:05:49

Chinese stocks grew steadily on a clear upward trend today. The Shanghai Composite Index closed at 4,176.00, up 104.34 points or 2.56 percent.

Huaxia Bank names Beijing Vice Mayor Zhai chairwoman

2007-06-13 13:30:26

China's Huaxia Bank Co appointed Beijing Vice Mayor Zhai Hongxiang as chairwoman to replace Liu Haiyan, who's retiring.

Shanghai Auto agreed to buy out ventures

2007-06-13 13:23:47

Shanghai Auto agreed to buy out its partner in a truckmaker and an auto-parts venture for 1.48 billion yuan to combine and expand its commercial-vehicle operations.

ICBC eyes US, Russia markets

2007-06-13 13:13:15

The Industrial and Commercial Bank of China has applied for banking licenses in the United States and Russia as it seeks to expand outside its home market.

QFII assets fall amid uncertain market

2007-06-13 08:48:39

A large redemption by investors in an uncertain market in May depressed the combined assets of all QFII funds for the first time in two years.

Experts divided on another interest rate hike

2007-06-13 10:42:33

The National Bureau of Statistics yesterday announced that the CPI for May reached 3.4 percent. The figure well beats the three percent target by the central bank for this year and triggers a new round of interest rate debates.

Rules addressing media accuracy set

2007-06-13 09:00:41

The Shenzhen Stock Exchange has asked listed firms to double check information they provide during news media interviews before it is published to ensure price-sensitive data are not revealed improperly.

Guangfa denies staff detained over probe

2007-06-13 08:54:07

A Guangfa Securities spokesman has categorically denied media reports that about a dozen of its staff members were detained by the local public security bureau in Guangdong for interrogation in an insider trading investigation.