Wine maker Changyu eyes Evergrowing slice
2010-01-09 07:45:37
Wine maker Yantai Changyu Pioneer Wine Co Ltd, on Friday said it was spreading its wings to the financial sector by acquiring a 5 percent stake in Shandong Evergrowing Bank for 1.02 billion yuan.
Chinese shares close 0.10% higher on Friday
2010-01-08 16:31:57
Chinese equities ended the week's trading by edging up 0.10 percent on Friday, led by securities shares.
XD Electric plans to raise $1.13b through IPO
2010-01-08 15:30:45
China XD Electric Co, the nation's biggest maker of electricity transmission and distribution equipment, plans to raise about 7.72 billion yuan ($1.13 billion) through an initial public offering in Shanghai.
NDIRS up as central bank hikes bill yields
2010-01-08 08:06:14
China's central bank surprised the market yesterday by raising the auction yield of its three-month bills for the first time since mid-August, and the significant step-up in liquidity tightening sent offshore non-deliverable interest rate swaps (NDIRS) sharply higher.
New kids add fizz to ChiNext
2010-01-08 08:06:14
Xinghui Auto Model Co and seven other Chinese companies said they are expected to raise a total of 5.8 billion yuan on the country's NASDAQ-style board, ChiNext, as they began inviting subscriptions yesterday.
Equities slide as govt applies brakes
2010-01-08 08:06:14
SHANGHAI: China's stocks fell the most in two weeks, led by banks and automakers, on concern government steps to curb lending growth and property speculation will slow expansion in the world's third-largest economy.
SOEs told to be vigilant of investment risks
2010-01-08 02:18:29
China's state-owned enterprises (SOE) are being told to be prudent of venturing on the stock and real estate markets amid the complicated and fickle economic conditions.
Chinese shares down 1.89% on Thursday
2010-01-07 15:58:41
Chinese equities fell for a second consecutive day on Thursday as the benchmark Shanghai Composite Index went down 1.89 percent, or 61.44 points, to close at 3,192.78 points.
Stock rally likely to fade this year, says Deutsche Bank
2010-01-07 08:02:44
A rally by China's stocks may fade from the second quarter as inflation triggers "significant policy tightening" by the government and the US economy weakens, Deutsche Bank AG said.
Chinese shares close 0.85% lower on Wednesday
2010-01-06 16:31:31
Chinese equities closed lower on Wednesday as the benchmark Shanghai Composite Index went down 0.85 percent, or 27.96 points, to close at 3,254.22 points.
NDRC official rings 'hot money' alarm
2010-01-06 08:04:48
China may see "huge" inflows of speculative capital as foreign investors step up bets on yuan gains, making it difficult to manage liquidity, said Zhang Xiaoqiang, vice-minister of the National Development and Reform Commission.
Chinese shares up 1.18% on Tuesday
2010-01-05 17:05:41
Chinese equities closed slightly higher on Tuesday as the benchmark Shanghai Composite Index went up 1.18 percent, or 38.42 points, to close at 3,282.18 points.