Bull run driven by banks
2007-03-30 08:45:08
Heavily weighted bank shares driven by speculation on the launch of stock index futures yesterday helped the mainland's stock market to end a fourth straight day in positive territory.
FAW Car said to buy assets from parent
2007-03-29 11:15:10
FAW Car Co Ltd suspended trading of its shares yesterday after a report said it would buy core assets from its parent FAW Group.
Xugong Science turns around with a profit due to cost cuts
2007-03-29 14:41:10
Xugong Science & Technology Co yesterday posted a 2006 net profit of nearly 10 million yuan from cost reduction.
Yangzijiang Shipbuilding to issue shares in Singapore
2007-03-29 13:38:08
Yangzijiang Shipbuilding (Holdings) Ltd and existing shareholders may raise as much as S$943.5 million ($622 million) in a Singapore initial public offering.
More Chinese invest in equity markets: survey
2007-03-29 13:31:20
More Chinese would like to invest in the stock market and funds, a survey by the People's Bank of China, the central bank, has shown.
SAFE warns of online fund fraud
2007-03-29 13:27:12
China's forex watchdog has alerted investors to the growing number of online scams involving foreign funds.
Stocks falls from record
2007-03-29 16:03:51
Chinese shares fell from a record high on concern that recent gains have more than reflected prospects for earnings growth.
BOC starts exclusive service
2007-03-29 09:13:10
Bank of China (BOC) opened a private banking service in Beijing and Shanghai yesterday, the first local bank to target the super rich in China.
Shougang to axe 21% of workers
2007-03-29 08:51:34
Shougang Corp, China's ninth-biggest steel mill, plans to cut its workforce by 21 percent by the end of this decade as it moves production out of Beijing.
BOE to spin off LCD lines
2007-03-29 10:47:02
Shenzhen-listed CD display maker BOE Technology said yesterday it would spin off its fifth-generation LCD lines to haul it out of debt.
Investors warned of risks in fund fervor
2007-03-29 08:55:20
Chinese investors' newfound passion for mutual funds, or unit trusts, fueled by the stock market boom, is gaining momentum.
China raises US$62b in IPO funds to beat US
2007-03-29 09:19:05
China overtook the United States last year for the first time when it netted US$62b worth of funds from IPO, the world's biggest.