china

HONG KONG - The Springs China Opportunities Fund, run by former Harvest Fund Management Co employees, is beating China's benchmark stock index by picking stocks that are overlooked by other funds and investment bank analysts. The $98.6 million hedge fund, managed by Beijing-based ...
China's securities regulator may allow a second batch of securities brokerages to conduct margin trading and short selling business at the beginning of May, the China Securities Journal reported Monday, citing unnamed sources. Brokerages including China Galaxy Securities, Shenyin ...
Measure aims to restrict speculative property purchase, cool down market BEIJING - Commercial banks will be able to refuse loans to people buying their third houses in areas suffering from soaring property prices. The new measure, which analysts believe could instantly cool down ...
Standard Chartered Plc may expand its global markets team in China by 40 percent by 2012, as the nation opens its financial markets to attract foreign investors, said John Tan, head of the division. The UK bank, which makes most of its profit in emerging markets, will increase ...
China's stock-index futures will allow investors to hedge risks from potential asset bubbles and make equities cheaper in the long-term, according to Macquarie Group Ltd, Australia's largest investment bank. Futures trading, which starts today, is part of China's push to provide ...
Chinese equities close lower Friday as the government extends further efforts to cool the overheating property market, which dragged down financial and real estate heavyweights. China's long-awaited stock index futures also debuted Friday, which aims to provide more options for ...
China's launch of trading in stock index futures on Friday will mark a milestone in making its financial markets more professional and less speculative, even though they are likely to get off to a slow start. By making it possible for investors to short the market or bet on a ...
SHANGHAI - The Shanghai-based China Financial Futures Exchange will launch the country's first stock index futures on April 16. The Shanghai Stock Exchange is the world's fifth-largest bourse, with a market capitalisation of $2.6 trillion and average daily turnover of about 100 ...
SHANGHAI: China's stock-index futures will begin trading on Friday at the "expensive side of fair value" as volumes will be limited, Goldman Sachs Group Inc said. "Under close monitoring by authorities, we expect a gradual increase in liquidity, but even then we do not expect a ...
SHANGHAI - The China Financial Futures Exchange on Thursday set the base value for the kick-off of trade in China's first stock index futures contracts, due for official launch on Friday, at 3,399 points for all four contracts. The index futures will be based on the CSI300 index ...
BEIJING - Chinese equities close almost flat Thursday as the nation's first quarter economic data were in line with market expectations. China's statistics authority announced Thursday morning that the nation's gross domestic product (GDP) grew 11.9 percent year-on-year in the ...
BEIJING - Agricultural Bank of China (ABC), a leading Chinese lender, said Wednesday it had signed an agreement with the Ministry of Agriculture (MOA) to provide credit support for leading agricultural firms. Under the agreement, ABC would extend a credit line of intent worth 120 ...
HONG KONG - Hong Kong's Exchange Fund's foreign assets amounted to HK$1.93 trillion ($282.74 billion) in March, up HK$13.8 billion from February, the Monetary Authority said on Wednesday. The Monetary Base, comprising Certificates of Indebtedness, Government-issued currency notes ...
China's Ministry of Finance (MOF) will float 20-year book-entry treasury bonds with a total par value of 28 billion yuan ($4.1 billion) Thursday, the ministry said. The bonds will have a fixed annual interest of 3.96 percent, to be paid every April 15 and Oct 15 until 2030, ...
Market speculation grows on RMB appreciation after city state revalues SHANGHAI: Yuan forwards strengthened for the first time in four days after Singapore unexpectedly revalued its currency, spurring speculation the move will prompt China to allow appreciation. The Monetary ...
China UnionPay (CUP), the largest bank card organization in China, launched Wednesday an automatic teller machine (ATM) service in South Africa in alliance with the Standard Bank of South Africa. The cooperation would allow CUP cards to be accepted at 5,100 ATMs under the ...
SHANGHAI: Mainland stocks rose to a three-month high as speculation of a stronger yuan and accelerating inflation spurred a rally for gold producers, countering declines by developers. Zhongjin Gold Corp, the country's second-largest bullion producer by market value, jumped 8.1 ...
Shanghai's new personal housing mortgage loans hit 33.81 billion yuan in the first quarter, up 31.13 billion yuan year-on-year, according to the Shanghai headquarter of the People's Bank of China, sina.com.cn reported. That is 11 times more than in the first quarter of 2009. ...
China will soon release detailed regulations on property investment for insurers, the China Securities Journal reported. The report cited a source as saying the rule will forbid insurers to invest in residential housing, to invest directly in commercial property or to be involved ...
BEIJING - Small-cap shares on the A-share market suffered their biggest loss in three months on Tuesday in volatile trade as profit-taking by investors led to capital outflows. Eight companies listed on the ChiNext start-up board fell to their 10-percent daily trading limits. ...
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 ...