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The Bull Comes Charging from Wall Street

Wall Street's Charging Bull will soon be joined on the world stage by a Chinese version that's set to be unleashed in Shanghai. [File photo: China Daily] The Wall Street bull, perhaps the most treasured iconic image in the world of finance, can soon be seen charging in Shanghai, ...

Bona Film on Nasdaq

Bona Film Group Ltd, a privately-owned film distributor, debuts on the NASDAQ market Thursday. [sina.com.cn] Bona Film Group Ltd, a privately-owned film distributor, launched its initial public offering (IPO) on the NASDAQ market Thursday. The company hopes to raise $121.51 ...

Biggest 1-day rise caps Youku US debut

Youku.com's debut on the stock market in the United States capped the biggest one-day advance in five years while Dangdang's shares almost doubled on their debut yesterday. Youku, China's top online video sharing website, surged 161 percent to US$33.44. Its surge was second only ...

Shanghai Claims World's Busiest Container Port

A worker works in front of containers at a port in Shanghai, in this May 13, 2010 file photo. China recorded a $1.7 billion trade surplus in April, state media said this week. Shanghai overtook Singapore as the world's busiest container port in 2010, helped by continuing growth ...

Online Ad Revenue to Beat Newspapers

Visitors experience a new online game at an international digital product fair in Beijing. China's online advertising market will continue to grow as businesses begin to recognize the market value of Internet products. [Photo:China Daily] The Internet is expected to overtake ...

Fancy Toys Add to Festive Cheer

A visitor at a toy exhibition in Beijing. Toy sales were boosted by the festival season. [Photo: China Daily] The million-dollar question in the domestic toy industry is always about predicting which toys will be the best-seller for the festive season, especially during the ...

Chinese stocks under pressure

Stock prices displayed on an electronic screen as investors monitor and trade stocks at a securities exchange house in Shanghai. [Photo / China Daily] Tighter controls on money hit share values as inflation rises BEIJING - Analysts said the China stock market is under downward ...

Number of Chinese public offerings soars

Tang Shuangning (center), chairman of China Everbright Group Ltd, rings a gong to mark the bank's listing on the Shanghai Stock Exchange in Shanghai on Aug 18. The Chinese initial public offering market has become the biggest in the world. [Photo / China Daily] BEIJING - Initial ...

Developers, commodity firms lead slump in stocks

Bear market may continue on government tightening measures SHANGHAI - Mainland stocks fell for the first time in three days, led by developers and commodity producers, on concern the government will step up tightening measures after property prices rose at the second-fastest pace ...

Lenders may raise less from floats

Capital market slump to weigh on ABC, BoCom funding plans SHANGHAI - Agricultural Bank of China Ltd (ABC) and Bank of Communications Co (BoCom) may raise less than estimated in share sales after a slump in stock markets, underscoring the challenges of replenishing capital ...

Everbright Bank plans Shanghai share float

A branch of China Everbright Bank in Beijing. [Shen Jingwei / For China] Initial public offering will not drain market liquidity, say analysts BEIJING-China Everbright Bank Co's public float of 6.1 billion shares in Shanghai will not have drain liquidity from the bourses, ...

Where to put my money?

It should not be a question. But it did become one when I, for the first time, found that there was more than 10,000 yuan($1,465) in my bank account. Unlike my parents, who had no awareness of investments because they used up almost all their savings just to cover tuition fees ...

BOC banks on rail securities

China Railway High-Speed trains at the platform in the new Wuhan Railway Station in Wuhan. Bank of China is likely to invest some 6.6 billion yuan in Beijing-Shanghai High-Speed Railway Corp, the operator of the 1,318 km express rail link being built between the country's most ...

Tech shares boom to last, say analysts

BEIJING - The recent strong performance of technology stocks on the A-share market may be reminiscent of the internet bubble's peak 10 years ago but analysts said the current trend was far from crashing and there was still a lot for investors to expect. The share price of the ...

Investors cut holdings as govt ups efforts to prevent bubbles

An investor monitors stocks at a brokerage in Shanghai. [China Daily] SINGAPORE - Investors cut their holdings of Chinese equities in January as the government stepped up efforts to cool asset bubbles, according to EPFR Global. Global emerging markets and Asia excluding Japan ...

Central Huijin seeks capital boost

A Bank of China employee counting bank notes at a branch in Suining, Sichuan province. The nation's big lenders are likely to raise around $40 billion from the mainland and Hong Kong bourses this year. [China Daily] BEIJING: The plan by the nation's big lenders to raise over $40 ...

Private equity ventures into nation

China currently constitutes 5 percent of global private equity investments. [Provided to China Daily] BEIJING - For entrepreneur Liu Zaide, the flourishing private equity (PE) and venture capital (VC) industries in China have benefited his four-year-old startup. In 2008 when DFJ ...

China stocks to 'break out'

The nation's robust economic growth and easing inflation may see the capital market gaining further ground, said Morgan Stanley analysts in a report on Tuesday. [China Daly] Stronger yuan, slowing inflation may ease tightening concerns SINGAPORE: China's stocks, among the worst ...

Q1 results to cheer up lackluster bourses

An oil tanker is docked at China s strategic oil reserve complex in Jiangsu province. Shanghai-listed Nanjing Tanker Corporation saw sales of 81.45 million yuan from January to March, 34 times higher than in the same period a year earlier. [Agencies] SHANGHAI - Most publicly ...

Large caps stay in shadows

Investors check share prices at a securities trading fi rm in Shanghai. [Agencies] Tightened liquidity means blue chips likely to suffer for some time BEIJING - Investors betting on large-cap stocks taking the lead in the A-share market may have to bear with a frustrating range...
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