china

The second group of companies to be listed on the ChiNext stock market in Shenzhen will likely do better than expected, according to Shanghai Securities News. The price to earnings (P/E) ratio - a key indicator of demand for a particular stock for eight companies approved to sell ...
Chinese equities fell on Tuesday, led by real estate developers after the State Council, the Cabinet, decided on Monday to curb the trend of soaring housing prices in some cities. The benchmark Shanghai Composite Index edged down 0.86 percent, or 28.44 points, to close at 3,274...
Nasdaq OMX Group is aiming to host more than 30 new listings from Greater China companies in 2010, drawing on investor appetites for plays in the world's fastest growing major economy, a senior executive said on Monday. A total of 30 companies from the Chinese mainland, Hong Kong...
Chinese investor Albert Hung went one step forward of nailing 15 percent stake of NBA Cleveland Cavaliers after a Michigan investment firm agreed to sell its share on Monday. A Cavaliers spokesman declined to comment, but Cavaliers Vice Chairman David Katzman, whose Camelot ...
The China Securities Regulatory Commission in November approved the Qualified Foreign Institutional Investor (QFII) license to the BNY Mellon Asset Management International, the Manulife Asset Management (Hong Kong) and the Nomura Asset Management, the Shanghai Securities News ...
Low-profit small enterprises with an annual taxable income not exceeding 30,000 yuan ($4,393.7) can next year calculate their taxable income at 50 percent of the actual income and pay enterprise income tax at a rate of 20 percent, according to an announcement jointly made by the ...
China has announced detailed punishment standards against credit card related crimes in a bid to fight "increasingly rampant" frauds, officials said on Tuesday. The Supreme People's Court (SPC) and the Supreme People's Procuratorate (SPP) Tuesday announced a judicial interpretati...
The ChiNext closed lower Monday as only four of the 28 shares at China's start-up board for small and medium-sized enterprises went up. The board, which is based in Shenzhen and started trading on October 30, 2009, is tailored to the needs of enterprises engaged in independent ...
Chinese equities rose 1.71 percent Monday, led by banking stocks. The benchmark Shanghai Composite Index went up 1.71 percent, or 55.58 points, to close at 3,302.90. The Shenzhen Component Index gained 0.47 percent, or 64.57 points, to close at 13,940.44. Combined turnover was ...
Australian Deputy Prime Minister Julia Gillard on Monday said the opposition's calls for a ban on Chinese investment in Australia are irresponsible and contrary to the national interest. National's senator and opposition finance spokesman Barnaby Joyce last week warned against ...
The Asian Development Bank (ADB) Saturday said it has approved a $2-million loan to finance a-billion-dollar project to build railways in an eastern Chinese province to link remote rural villages to the country's economic hubs. The $1.35-billion Anhui Integrated Transport Sector ...
China should take more forward looking and preemptive measures to fight inflation expectations following this year's credit boom and runaway property prices, said a report released by a leading Chinese bank. Bank loans should be extended at a more reasonable pace with improved ...
A venture capital foundation aiming to raise money for China's small businesses was launched Saturday to help relieve their financing hardships. The China Association of Small and Medium Enterprises and the Shenzhen Junsheng Capital, a leading private equity and asset management ...
China's benchmark stock index rebounded from a seven-week low, led by commodity and brokerage shares, on speculation that the nation's economic growth next year will spur demand for raw materials and boost trading. "The recovery is strong and the economy is very attractive," said ...
China's central bank, the People's Bank of China (PBOC), said Wednesday that it will work to prevent "excessive fluctuations" in money supply next year, sending a signal that the country will not sharply reduce bank lending despite its explosive growth this year, analysts said. "...
Hong Kong stocks rose 236.70 points, or 1.12 percent, to close at 21,328.74 on Wednesday. Turnover fell to HK$44.19 billion ($5.70 billion) from Tuesday's HK$45.96 billion ($5.93 billion).
The ChiNext rose on Wednesday with all the 28 shares at China's start-up board for small and medium-sized enterprises gaining across the board. The board, which is based in Shenzhen and started trading on October 30, 2009, is tailored to the needs of enterprises engaged in ...
Chinese equities edged up Wednesday after hitting a two-month low Tuesday, led by shares in telecommunications. The benchmark Shanghai Composite Index rose 0.76 percent, or 23.26 points, to end at 3,073.78 points. The Shenzhen Component Index added 1.31 percent, or 165.78 points, ...
The Chinese government will resume a harsher property sales tax to curb speculation in the housing market from January 1 of next year, the Ministry of Finance announced Wednesday. Prompted by fears of a bubble in the housing market, the government is to extend the taxable period ...
China will encourage securities and futures companies to go abroad when the risks are controllable, the top securities regulator said Tuesday. The move would involve companies in international competition through which they would gain managerial experience and international ...
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 ...