Zinc producer to invest in property project

2007-07-11 08:57:06

Zhongjin Lingnan Nonfemet Co said it will invest in a real estate project in Tianjin to benefit from rising property prices and boost profit.

The bullish market: A broker's boon

2007-07-10 16:35:02

Statistics from the exchange show that major securities companies reaped a windfall from commission charges on transactions in the booming stock markets.

Index slips against surging of financial shares

2007-07-10 16:28:26

After two days of strong growth, Chinese stocks today saw frequent price adjustments and ended with dissappointment.

Food price spike pushes CPI to pass 4% in June

2007-07-10 16:20:33

China's CPI in June may have exceeded 4 percent from a year earlier due to higher food prices,said China Business News today.

Hangxiao suspends trading over hampered contract reports

2007-07-10 13:50:05

Trading in Hangxiao Steel Structure was suspended Monday as the company was obliged to clarify media reports saying its contract with Angola was under reconsideration.

Taiwan broker seeking mainland deal

2007-07-10 13:06:08

Taiwan Securities Co said it is lobbying Chinese mainland and Taiwan stock regulators to allow it to invest in a mainland brokerage.

Monthly trade surplus soars to record $26.9b

2007-07-10 12:59:09

China's trade surplus in June hit a new high of US$26.91 billion, up 85.5 percent over the same month of last year, the General Administration of Customs said.

Hong Yuan says H1 profit may surge 22-fold

2007-07-10 12:56:13

Hong Yuan Securities Co said its first-half profit will probably surge 22-fold, boosted by higher transaction fees amid a stock market rally, Bloomberg News reported today.

Brokers gearing up for IPOs

2007-07-10 09:36:43

Orient Securities Co and Everbright Securities Co are preparing to sell stock to the public, the two companies said in separate statements in the Oriental Morning Post.

Newbridge to sell back stake in Guanghui

2007-07-10 09:32:36

U.S. private equity Newbridge Capital will sell back its US$33.8 million investment in Xinjiang Guanghui LNG Development Co, the parent of Xinjiang Guanghui said over the weekend.

Shanghai leads Hong Kong in dual shares

2007-07-10 09:15:46

Dually listed companies' share prices in Shanghai are 33.24 percent higher than their counterparts in Hong Kong, a newly launched index showed yesterday.