Energy sector drives index near all-time high

2007-07-25 17:39:22

Shares of major power generators electrified the Chinese A-share market and pushed the index over 4300 on Wednesday.

SAIC plans US$1.04b bond issue to finance own brand

2007-07-25 16:58:17

Chinese carmaker SAIC plans to issue convertible bonds worth eight billion yuan to finance the development of its own-brand cars, the Shanghai Securities News reported.

Economists warn of risks of continued yuan appreciation

2007-07-25 12:53:00

Chinese economists warned the continued yuan revaluation in a single direction may adversely affect the country's economic security.

Gas firm to buy Newbridge stake in unit

2007-07-25 12:48:29

Xinjiang Guanghui Industry Co said its shareholders had approved a plan to buy back a 24.99 percent stake in a natural gas subsidiary from U.S. investment firm Newbridge Capital.

Mainland stock market eyes huge IPOs

2007-07-25 11:14:39

The mainland stock market will become one of the world's most attractive financial centers this year in terms of new share issues, financial analysts have said.

Guangzhou Shipyard sees net up sharply

2007-07-25 09:00:27

Shipbuilder Guangzhou Shipyard International Co. said yesterday it expected a more than 450 percent jump in its net profit in the first half of this year compared with a year earlier.

Central bank: China's financial market sees brisk trade in first half

2007-07-25 08:49:34

China's financial market remained stable and saw brisk trade in the first half of 2007, according to a report published by the People's Bank of China on Tuesday.

CITIC Securities profit surged

2007-07-25 08:44:07

CITIC Securities, China's largest listed brokerage, said yesterday that its net profit in the first half of this year is expected to rise more than 5.5 times over the previous year.

Why indices ignored rise in interest rates

2007-07-25 08:39:15

Don't read too much into the latest increase in bank interest rates. The stock market doesn't, as indicated by the stable performance of the leading indices.

Volatility emerges as index re-approaching the all-time high

2007-07-24 17:31:10

The Chinese shares tried to extend yesterday's gains and approached the all-time high. But huge profit-taking funds pushed the benchmark index back into a deficit close.