Mainlanders may start direct investment in HK in October

2007-09-13 16:52:51

Individual investors from the Chinese mainland are likely to be able to start trading in Hong Kong shares next month.

China fund raises 50b yuan in one day

2007-09-13 15:40:27

A Chinese investment management company raised at least 50 billion for an overseas equity fund in a single day.

Mengniu Dairy sales reach 10b yuan

2007-09-13 14:07:55

Products of China Mengniu Dairy are displayed at a food & drink exhibition in Shanghai on May 10. Mengniu said first-half profit surged 41 percent on soaring demand for dairy products. [newsphoto]

Money supply up 18% in August

2007-09-13 09:52:50

The annual growth in the broad measure of money supply, or M2, was 18.09 percent in August, according to the central bank.

SOEs in list of most admired

2007-09-13 09:55:56

State-owned enterprises (SOEs) now find themselves in the list of the world's most admired companies chosen by Fortune magazine.

Derivatives win over mainland investors

2007-09-13 13:34:47

In little more than two years, the Chinese mainland has overtaken Hong Kong as the world's largest warrant market by turnover.

Alcoa sells stake in China's Chalco for US$2 billion

2007-09-13 12:42:28

Alcoa Inc, the biggest US aluminum producer, has sold its nearly 7 percent stake in China's largest aluminum maker for US$2 billion.

CITIC Securities to merge fund firms

2007-09-13 10:02:19

CITIC Securities, China's biggest listed brokerage, said on Thursday it would merge its two fund management firms to strengthen the business.

Green light for gold futures

2007-09-12 10:18:18

The securities regulator yesterday approved gold futures trading on the Shanghai Futures Exchange, the fourth futures product to be launched in China this year.

August trade surplus reaches US$24.97b

2007-09-11 16:17:34

China's August trade surplus reached US$24.97 billion, up nearly 33 percent year on year, according to custom figures.

Record-high CPI triggers 4.5% plunge of China stocks

2007-09-11 16:47:33

The announcement of the highest CPI figure in 11 years finally triggered a wave of panic selling today, resulting in the largest single-day drop in three months.