BOC not affected by US subprime exposure

2007-08-25 11:56:47

Standard & Poor's Ratings Services said over the weekend that its ratings and outlook on Bank of China Ltd (BOC) were not affected by the bank's disclosure of its exposure to US subprime mortgage-backed instruments.

China's top coal company set for Shanghai listing

2007-08-25 10:22:48

China Shenhua Energy Co's shareholders on Friday approved a plan to raise as much as $7.2 billion by listing the company's shares on the Shanghai Stock Exchange this year.

Bank shares push index up to 5,100-point

2007-08-24 16:34:09

Chinese stocks finished a perfect 'growth week' on the fifth consecutive trading day today during a long march to historical heights.

Stock pilot program to start in a week

2007-08-24 10:21:10

Mainland residents will be able to apply for accounts to buy Hong Kong stocks in Tianjin from next week, said Bank of China yesterday.

Nod given to buying overseas shares

2007-08-21 06:58:07

Mainland residents will, for the first time, be allowed to directly invest in overseas securities under a pilot program to be launched in Tianjin.

Subprime crisis dampens QDII demand

2007-08-22 10:15:16

Global capital markets, shaken up by US subprime mortgage woes, are dampening China's demand for overseas investment through QDII products.

Shanghai Pudong profit up 60%

2007-08-23 09:32:52

Shanghai Pudong Development Bank yesterday posted a net profit leap of nearly 60 percent for the first half of the year.

China Southern Airlines orders 55 Boeing 737s

2007-08-22 16:08:49

China Southern Airlines said on Tuesday that it has signed a deal with Boeing to buy 55 Boeing 737s to renew its fleet.

Stocks close above 5,000-point mark

2007-08-23 16:32:37

The benchmark Shanghai index climbed up to the 5,000-point mark and managed to consolidate the position today.

Market digests rate hike, feeling pressure near critical frontier

2007-08-22 16:55:47

Although both the major indices broke records on closes today, the benchmark Shanghai index failed to reach the 5,000-point critical psychological frontier.