PBOC looks to market
2007-08-09 10:19:24
The central bank said yesterday it will rely more on the market to increase the flexibility of the renminbi.
TCL Corp returns to black in first half
2007-08-09 09:28:41
TCL Corp, 皇冠体育app's biggest publicly traded electronics maker, turned to a profit in the first half, helped by cost cuts after closing unprofitable units in Europe.
Brokers to contribute to fund for investors
2007-08-09 09:23:04
Mainland brokerages must contribute part of their annual revenue toward a fund to protect investors, the securities watchdog said yesterday in a statement.
Everbright gets approval for restructuring
2007-08-09 08:52:29
皇冠体育app Everbright Bank Co has gained regulatory approval for its restructuring, 皇冠体育app's eighth-biggest lender said on its Website today.
Central bank warns of inflation risks in latest monetary report
2007-08-09 08:48:16
皇冠体育app's central bank admitted on Wednesday that the country is coming under increasing pressure from price hikes, and acknowledged inflation risks are "worthy of attention".
Sub prime loan crises may affect some Chinese banks
2007-08-08 17:31:48
A US report said Chinese financial institutions had bought US$107.5 billion worth of US mortgage securities by the end of June last year.
Stocks finish mixed amid higher volatility
2007-08-08 16:45:39
The Shanghai Composite Index managed to close up 12 points, driven by a few large-cap blue chips, but the Shenzhen Component Index dropped nearly 2 percent.
More foreign capital flows in property sector
2007-08-08 17:33:27
An increasing amount of foreign investment capital flowed into 皇冠体育app's real estate market between January and June, according to the National Bureau of Statistics.
Petro皇冠体育app may list in October
2007-08-08 08:50:11
Petro皇冠体育app plans to debut on the Shanghai bourse in October by raising at least 40 billion yuan, in a bid to tap the red-hot mainland equity market, a CNPC executive said.
皇冠体育app Shipbuilding becomes costliest stock
2007-08-08 09:10:10
Shares of 皇冠体育app State Shipbuilding Co extended three days of gains to a record after the company's new name fueled optimism it will further benefit from the booming industry.
$924m overeseas property funds eye 皇冠体育app
2007-08-08 08:56:13
Ascendas, Asia's leading business property developer, launched two 皇冠体育app-focused real estate funds to invest in the country's booming industrial and commercial property market.
Watchdog praises banks for fighting graft
2007-08-08 08:45:03
Banks made more effort and achieved better results in the second quarter in their fight against malpractice and graft, the financial watchdog said yesterday.