china

China Development Bank (CDB) would continue to fund medium and long-term investments for the nation's strategic development agenda without diluting the gains it made over the years from financial reform, said a senior bank official. "The bank's financial health is our lifeline ...
China opened 52 new-type rural financial institutions in western areas by the end of June, accounting for 44 percent of the total that newly opened nationwide in the first half year. The China Banking Regulatory Commission (CBRC), China's banking regulator, announced at a press ...
The People's Bank of China, or the central bank, issued a set of gold and silver commemorative coins on Monday, including 7 gold coins and 3 silver coins in one set. Among all of the coins with various weights and face value, the central bank will issue a maximum of 800,000 ...
Sands China Ltd, controlled by billionaire Sheldon Adelson, tumbled as much as 15 percent on its first day of trading in Hong Kong after Dubai World's possible default hurt investor confidence. Las Vegas Sands Corp's Macao unit, operator of the world's biggest casino by floor ...
Chinese equities rose 3.20 percent Monday, led by robust securities and agricultural shares. The benchmark Shanghai Composite Index was up 3.20 percent, or 99.04 points, to close at 3,195.30 points. The Shenzhen Component Index gained 4.74 percent, or 610.63 points, to close at ...
Chinese equities dived 2.36 percent Friday, led by declining heavy weights. The benchmark Shanghai Composite Index was down 2.36 percent, or 74.72 points, to close at 3,096.27 points. The Shenzhen Component Index declined 3.09 percent, or 411.23 points, to close at 12,876.15 ...
Environment-related stocks rose in morning trade Friday on China's firm target to curb greenhouse gas emissions, despite an overall drop at the two main stock exchanges. The sector rose 0.93 percent on average as of 11:30 am, while the benchmark Shanghai Composite Index lost 1.05 ...
Hong Kong stocks retreated 765.28 points, or 3.45 percent to finish Friday's morning session at 21,445.13, with financial stocks dramatically lower over the Dubai debt announcement. HSBC, which accounts for the largest weighting of the benchmark Hang Seng Index, dived 5.95 ...
China's central government Thursday announced it is to join local governments and private investors in a pilot program to facilitate venture capital funds for innovative and high-technology industries, and industrial restructuring. The National Development and Reform Commission, ...
China Minsheng Banking Corp fell 3.08 percent in its Hong Kong debut on Thursday after raising approximately HK$30 billion in the city's biggest initial public offering since April 2007. Shares of Minsheng Bank closed at HK$8.8 near an intraday low, compared with its initial ...
Chinese media company Shanda Interactive Entertainment Ltd is acquiring video website Ku6.com, in an effort to expand its market share in the interactive entertainment segment. Shanda has agreed to buy Ku6.com, a source familiar with the matter told China Daily yesterday, ...
Yunnan Chihong Zinc & Germanium Co, the country's fifth-largest zinc smelter, said yesterday it plans to raise up to 1.8 billion yuan in a rights offer to expand its lead and zinc production capacity. Yunnan Chihong will offer three shares for every 10 at a price of 7.69 yuan ...
After a string of emerging countries - including India, Indonesia, Thailand and Brazil - began to target the flow of short-term speculative capital, many experts believe China will step up its efforts to control the flow of so-called hot money. The deputy governor of China's ...
Shou Zhenwei, a 28-year-old State-owned company employee in Beijing, paid 1.4 million yuan ($205,000) for a two-bedroom apartment this month, realizing a long-cherished dream. The price was 400,000 yuan higher than Shou's budget at the beginning of the year, but he and his ...
Chinese equities dived 3.62 percent Thursday, led by declining heavy weights and banking stocks. The benchmark Shanghai Composite Index was down 3.62 percent, or 119.19 points, to close at 3,170.98 points. The Shenzhen Component Index declined 3.82 percent, or 527.18 points, to ...
China has tightened settlement and sale of foreign exchange by individuals to curb non-normal cross-border capital inflow, according to a statement of the State Administration of Foreign Exchange (SAFE). Banks should deny, review or report to foreign exchange regulators, ...
A fresh infusion of liquidity and earnings revisions should support China's equities market in early 2010, said Jing Ulrich, Hong Kong-based chairwoman of China equities and commodities at JPMorgan. However, the second half may prove more challenging if China's monetary policy ...
Chinese shares tumbled at the opening Wednesday after the country's central bank announced late Tuesday it would raise the deposit reserve requirement ratio. The benchmark Shanghai Composite Index dip 2.11 percent at 3,204.98 points. The Shenzhen Component Index lost 2.61 percent ...
Margin requirements for stock index futures may be hiked to 12 percent from 10 percent to control trading risks, a source close to the China Securities Regulatory Commission (CSRC) said yesterday. The regulator will also significantly reduce the single-day maximum holding of ...
China's smallest stocks are poised to fall as the government's approval of index futures prompt investors to switch to larger equities that are half as expensive, according to China International Capital Corp (CICC). A 131 percent rally in the CSI Small Cap 500 Index last year ...
Chicago unveils Chinese New Year celebrations
Chicago unveils Chinese New Year celebrations
CHICAGO -- Chicago held a ceremony Friday at the landmark Daley Civic ...
UN chief, Syrian FM in verbal clash at conference
UN chief, Syrian FM in verbal clash at conference
The first day of the peace conference in Montreux, was marked by ...
Chaos on streets after three reported killed in Kiev
Chaos on streets after three reported killed in Kiev
Three people have reportedly been killed in Ukraine's capital Kiev ...
Panel to push financial reform in FTZ
Panel to push financial reform in FTZ
Financial reform in the China (Shanghai) Pilot Free Trade Zone will ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...
China economic reform in focus at World Economic Forum
China economic reform in focus at World Economic Forum
There’s been much talk of China at the World Economic Forum-and a ...
China's banks must evolve or perish
China's banks must evolve or perish
As China's traditional banks raise interest rates to claw back lost ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
Chinese steelmakers see profits plunge
Chinese steelmakers see profits plunge
China's 77 major steel companies reported an average profit margin of ...
Injured star short-track skater Wang Meng left out of China's squad for Sochi
Injured star short-track skater Wang Meng left out of China's squad for Sochi Winter Games
Injured Olympic champion Wang Meng has been ruled out of the 139...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...