Yangtze Power to sell corporate bonds

2007-07-24 11:24:57

China Yangtze Power Co plans to sell 8 billion yuan in corporate bonds domestically to buy generators, Caijing magazine said, without citing sources.

Locomotive seeks IPO next year

2007-07-24 11:21:09

China Southern Locomotive & Rolling Stock Industry plans to raise at least $2.5 billion in an initial public offering next year, the South China Morning Post reported.

China's banks use only 26% of QDII quota in first half

2007-07-24 09:12:45

China's banks only used 26 percent of the 50-billion-yuan quota granted toQDIIs, the China Banking Regulatory Commission said.

Rules changed to woo long-term QFII funds

2007-07-24 09:08:29

China will ease the restrictions on QFIIs seeking to invest in the stock market, with the aim of attracting long-term funds, the Shenzhen-based Securities Times reported Monday.

Eastern Airlines to buy 10 A320s

2007-07-24 08:55:27

China Eastern Airlines Corp Ltd, the nation's third-largest carrier, yesterday announced that it will buy 10 Airbus A320 series aircraft to meet the increasing domestic demand.

Taiwan's Grace plans Shanghai IPO

2007-07-24 08:36:58

Taiwanese-invested electronics and plastics company Grace THW Group plans to list its epoxy business on the Shanghai stock market next year.

Index overcomes monetary tightening; hits one-month high

2007-07-23 16:41:27

Contrary to most predictions, the weekend tightening decisions cast little impact on the A-share market and pushed the index dramatically upward to a one-month high.

50 securities dealers' profits rise 411% in 1st half

2007-07-23 08:50:46

The red-hot stock market pushed total profits of China's 50 securities dealers up by four times in the first half of the year, the Shanghai Securities News reported.

Banking regulator says credit growth should slow down to 15% for 2007

2007-07-23 08:42:43

China banking regulator urged to curb the growth of newly-added bank loans this year to no more than 15 percent in a bid to slow down the blistering economic growth.

Value of Chinese stock market expands 4% last week

2007-07-23 08:39:26

The combined market value of China's stock market expanded by 4.16 percent this week after the share prices jumped sharply on Friday.

Central bank raises interest rates, cuts interest income tax

2007-07-23 08:20:46

China decided to raise interest rates and cut the withholding tax on interest income on Friday in a coordinated move to get the blistering economy onto a healthier footing.