china

HONG KONG: Chinese automobile dealer Zhongsheng Group Holdings Ltd yesterday started testing demand for a Hong Kong initial public offering (IPO) that could raise as much as $1 billion, said three people with knowledge of the planned sale. The company, based in Dalian, Liaoning ...
SHANGHAI: The new kid on the futures block seems to have got off to a great start, going by the early responses from investors. For many like Yao Shanliang, a 63-year-old retired metal trader, the opportunity to trade in stock index futures was something that they did wish to ...
The planned stock index futures (SIF) will benefit four types of shares, according to the semimonthly business journal Chinese Entrepreneurs. SIF, which will allow domestic investors to sell short for the first time, will benefit the brokerage shares, blue chips, shares of ...
Chinese investors could begin applying on Monday to open accounts for stock index futures trading, the China Financial Futures Exchange said, in a key step toward the long-awaited launch of index futures trade. Will the high thresholds harm the liquidity of index futures? Will ...
BEIJING: The ChiNext market went down on Monday as only 8 of the 54 stocks at China's start-up board for small and medium-sized enterprises rose. The board, which is based in Shenzhen and started trading on Oct 30, 2009, is tailored to the needs of enterprises engaged in ...
BEIJING: Chinese equities closed lower Monday, the first trading day after the week-long traditional Spring Festival holiday. The benchmark Shanghai Composite Index lost 0.49 percent, or 14.74 points, to 3,003.4 points. The Shenzhen Component Index edged down 0.74 percent, or 91...
BEIJING: With Chinese banks' record new lending in 2009 igniting fears about asset bubbles and bad loan, the banking regulator's latest rules aim to bring financial risk under control. The new directives order banks to focus on loan quality control, rather than quantity ...
BEIJING: China's banking regulator has issued two regulations that aim to tighten banks' lending and risk management controls. Banks must set a lending quota after "prudent calculation" of borrowers' "actual demand" and must not lend excessively, the China Banking Regulatory ...
Chinese securities regulators have approved the last important rules for trading the country's stock index futures, and eligible investors could apply for account openings starting from Monday. The China Securities Regulatory Commission (CSRC) approved the trading contracts and ...
HONG KONG: Hong Kong stocks went up 265.32 points, or 1.31 percent to close at 20,534.01 on Wednesday, following overnight market rally in the United States. The benchmark Hang Seng Index stayed in the positive territory throughout the session after a 300-odd-points high opening. ...
Chinese equities rose Friday as the central bank repeated its stance to continue implementing the moderately easy monetary policy, easing concerns about a tightening policy. The benchmark Shanghai Composite Index gained 1.09 percent, or 32.63 points, to 3,018.13 points. The ...
HONG KONG: Hong Kong stocks rose 448.23 points, or 2.17 percent, to close at 21,056.93 on Monday. Turnover totaled HK$67.97 billion ($8.77 billion), compared with Friday's HK$54.9 billion .
The ChiNext stock market went up on Monday as 48 of the 58 stocks at China's start-up board for small and medium-sized enterprises gained. 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 closed higher Monday led by resource-related stocks and heavyweights. The benchmark Shanghai Composite Index rose 1.18 percent to end at 3,087.84 points, up 35.9 points. The Shenzhen Component Index gained 1.22 percent to close at 12,588.26 points, up 151.61 ...
WASHINGTON: China remains the largest foreign holder of US Treasury securities at the end of December, the US media reported on Saturday.The report quoted the new government data as saying that China held $894.8 billion in Treasury securities at the end of December, more than ...
In what might be the biggest acquisition in China, Ping An Insurance (Group) Company won approval from the State Council, China's cabinet, for acquisition of Shenzhen Development Bank (SDB), the Economic Observer reported. The move will help the insurer become an integrated ...
The Hang Seng China Enterprises Index on the Hong Kong Stock Exchange rose 155.23 points, or 1.36 percent, to close Friday's trading at 11,543.73. The H-shares index, initiated in Aug 1994 and readjusted on Sept 7, 2009, tracks the overall performance of 44 major Chinese mainland ...
The China Banking Regulatory Commission (CBRC), the banking regulator, said Friday it would introduce four measures to facilitate the development of rural financial institutions. The CBRC would improve supervision of rural financial institutions, strengthen risk management, ...
LONDON: HSBC Holdings Plc's decision to move Chief Executive Officer Michael Geoghegan and three more top bankers to Hong Kong from London may force Standard Chartered Plc to follow its example, money managers and analysts said. Geoghegan moved to Hong Kong this month, joining ...
HONG KONG: Hong Kong stocks ended 1.03 percent higher Friday, with gains led by China Unicom after a broker upgrade on optimism for the fourth-quarter profit. The benchmark Hang Seng Index ended 209.13 points higher to close at 20,608.70. The China Enterprises Index, which tracks ...
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 ...