Stocks slip after violent swings

2007-08-10 16:20:56

Chinese stocks slowed their march up to higher ground and experienced violent price adjustments today.

More foreign firms can sell yuan bonds

2007-08-10 16:57:34

The government will allow more foreign institutions to sell yuan-denominated bonds in the country and buy foreign exchange with the proceeds to remit the money overseas, regulator said.

PPI of manufactured goods up 2.4% in July

2007-08-10 16:53:56

China's producer's price index for manufactured goods rose by 2.4 percent in July from a year earlier, the National Bureau of Statistics said.

Stock market value tops last year's GDP

2007-08-10 09:25:52

New daily A-share opening accounts were 154,316 yesterday, the tenth consecutive day the figure has been over 100,000.

HSBC gets rural nod

2007-08-10 08:56:30

HSBC said yesterday it has received regulatory approval to open a wholly owned banking subsidiary in rural China.

Wuhan Steel profit surges as price rises

2007-08-10 09:11:58

Wuhan Iron & Steel Co, China's third-biggest steelmaker by market value, said Thursday first-half profit almost tripled as steel prices rose and output increased.

Broader options for sector

2007-08-10 09:03:44

A non-insurance company can invest no more than a 20 percent stake in insurers, says a draft rule by China's insurance regulator.

Sudden plunge drags index down 1.6%

2007-08-10 12:08:47

The stocks suddenly plunged 100-point deep near the noon break, after a lower opening and some short-ranged fluctuations this morning.

Analysts say CPI may hit 5 percent

2007-08-10 08:50:54

Analysts say the CPI may break 5 percent in July, which would increase the likelihood of tightening measures being introduced in the second half of this year.

Indices break records despite probable tightening

2007-08-09 16:34:55

Chinese stocks shrugged off tightening warnings by the central bank and formed a strong upward trend today, with both major indices closing at record highs.

CICC may be first brokerage with QDII license

2007-08-09 14:29:42

China International Capital Corp, has become the first brokerage to receive a license under China's qualified domestic institutional investor scheme, Reuters reported.