china

Recent government cooling measures in the property sector may tamp down the number of individual mortgages this year, but curbs will actually help Agricultural Bank of China's housing loan quality in the long term, the bank said. The Beijing-based lender's outstanding loans in ...
The China Securities Regulatory Commission (CSRC) recently unveiled for the first time classification and evaluation results of securities firms to promote transparency in supervising the sector, the China Securities Journal reported Wednesday. According to regulations, the CSRC ...
BEIJING - Profit taking depressed Chinese shares on Thursday, with the benchmark Shanghai Composite Index down 1.87 percent to end at 2,424.30 points. The Shenzhen Stock Index sank 0.87 percent, or 84.99 points, to 9,718.73 points. Total turnover decreased to 128.25 billion yuan ...
SHANGHAI: Haitong Securities, China's No 2 listed brokerage by market value, said net profit fell 24.9 percent in the first half of the year. Earnings during the first six months of the year fell to 1.8 billion yuan from 2.5 billion yuan a year earlier, Haitong said on Thursday ...
KKR & Co, whose shares will start trading on the New York Stock Exchange today, is seeking to raise $800 million to invest in China, Asia's biggest private-equity market, two people with knowledge of the matter said. The KKR China Fund will focus on growth-capital investments, ...
SHANGHAI- State-owned Agricultural Bank of China Ltd held steady in its trading debut Thursday after raising up to $22.1 billion in a mammoth initial public offering despite the global crisis and concern about its profitability. The IPO went ahead in the face of uncertain global ...
The balance of broad money supply (M2), which covers cash in circulation and all deposits, was 67.4 trillion yuan ($9.95 trillion) at the end of June, up 18.5 percent year-on-year, the National Bureau of Statistics (NBS) announced Thursday. The balance of narrow measure of money ...
China's central bank said Wednesday that it will auction 160 billion yuan ($23.61 billion) of three-year bills and 45 billion yuan of three-month (91 days) bills in its regular open market operations on July 15. The three-year bills, a surge from the previous sale worth 22 ...
TOKYO - The nickel market may swing into a greater deficit than expected this year because of supply disruptions and greater Chinese demand, which could boost prices, said Sumitomo Metal Mining Co, the biggest producer in Japan. World demand may exceed supply by 40,000 metric ...
Supervision of the investment of China's pension fund has become a more important issue than the pension system itself, Zheng Gongcheng, professor of Renmin University of China, said at a seminar Tuesday, the 21st Century Business Herald reported. Pension fund-related issues, ...
The provision coverage ratio of China's commercial banks reached 186 percent by the end of June, up 7.8 percentage points from the end of May and 51.7 percentage points from a year ago, according to data released by China's top banking regulator Wednesday. At the end of June, the ...
BEIJING - Chinese shares close higher Wednesday ahead of the release of second-quarter economic data, with the benchmark Shanghai Composite Index up 0.82 percent to end at 2,470.44 points. The Shenzhen Stock Index rose 0.02 percent, or 1.96 points, to 9,803.72 points. Total ...
SHANGHAI: The Morgan Stanley Capital International (MSCI) China Index may rebound in the near term because concern that the economy will slow is already priced into the shares after annual declines and as liquidity improves, JPMorgan Chase & Co said. A decline in agricultural ...
SHANGHAI: Mainland stocks fell, with the benchmark index declining the most in two weeks, after the government quashed speculation it will abandon real-estate curbs that drove property prices lower for the first time in 16 months. China Vanke Co and Bank of China Ltd dropped ...
China bought several hundred million euros worth of Spanish bonds last Tuesday, the Financial Times reported, citing people familiar with the matter. The report said China's State Administration of Foreign Exchange (SAFE), the central bank's arm that manages China's official ...
SHANGHAI - Chinese shares fell Tuesday, led by real estate after the government said it has no plans to ease curbs on development. The benchmark Shanghai Composite Index lost 40.43 points, or 1.62 percent, to close at 2,450.29. The Shenzhen Composite Index declined by 1.58 ...
Nomura Holdings Inc was ranked first in China research by Institutional Investor magazine's inaugural All-China Research Team ranking. The Tokyo-based company won 14 total team positions, beating Citigroup Inc and Goldman Sachs Group Inc, which tied for second position, the ...
Agricultural Bank of China (ABC) is the second company in the history of the Shanghai stock exchange to embrace the "green shoe" option - known in legal jargon as an over-allotment option - which allows members of its initial public offering (IPO) underwriting syndicate to sell ...
Agricultural Bank of China saw net profit rise 40 percent in the first half of the year to 46 billion yuan ($6.8 billion), the Shanghai Securities News reported on Tuesday. Special Coverage:Focus on ABC's IPO Plan AgBank, which is scheduled to start trading on the Shanghai ...
Govt delay in easing tightening could impact on capital markets SINGAPORE - China's equities rebound may falter as the government delays easing its tightening measures until the fourth quarter, according to Deutsche Bank AG. A pull-back in Chinese stocks is likely after they ...
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 ...