china

Agricultural Bank of China Ltd set a price range for the Shanghai part of its initial public offering that will allow it to raise as much as $20.1 billion, according to three people with knowledge of the matter. The Beijing-based bank may offer 22.2 billion shares in Shanghai at ...
Xinjiang-based companies rallied in Shanghai trading on the prospect increased investment in the province will accelerate economic growth. Xinhua News Agency reported Xinjiang plans to spend up to 140 billion yuan in the next five years on road construction. Xinhua also reported ...
Agricultural Bank of China Ltd is scheduled to release a statement later today on the pricing for its initial public offering in Shanghai. The bank is selling as much as $11.4 billion of stock in the Hong Kong portion of the sale, according to a filing to Japan's Ministry of ...
Chinese central bank Governor Zhou Xiaochuan said emerging nations must play a bigger role in world financial reforms. Problems such as financial crises "can no longer be solved properly under the old traditional framework," Zhou wrote in a commentary published on Caijing ...
SHANGHAI: China's securities regulator has approved Industrial Securities for a Shanghai listing likely to raise roughly $500 million, adding the mid-sized brokerage to the long list of financial companies raising funds. Based in southern Fujian province, the brokerage said ...
China should speed up the development of the corporate bond market, according to the China Securities Regulatory Commission (CSRC). CSRC is committed to "improving corporate bond market entrance and the bond issuance approval process and developing better credit ratings," Shang ...
The need for China to raise interest rates is less pressing now that inflation expectations are easing, Li Daokui, an adviser to the People's Bank of China, said in Shanghai. "The goal of raising interest rates is to manage inflation expectations,"he told reporters at a ...
China is to set up a securities trade information insider registration mechanism which may include government officials involved in related work, the China Securities Journal reported Friday. Information insiders refer to organizations and individuals who have access to inside ...
The Board of Executive Directors of the World Bank have approved a loan of $100 million to China's Minsheng Bank for energy efficiency projects to help China to achieve its target of a 20 percent reduction in energy intensity by 2010. Minsheng Bank will lend the funds to ...
HONG KONG - Hong Kong stocks closed down 42.70 points, or 0.21 percent, at 20,690.79 points on Friday. Turnover totaled HK$51.46 billion ($6.62 billion) compared with Thursday's HK$47.79 billion .
BEIJING - China's stock index futures closed down Friday with the contract for July, the most actively traded, down 0.47 percent from the previous trading day to end at 2,753.8 points. The August contract fell 0.6 percent to 2,770.4 points. The September contract was down 0.65 ...
BEIJING - The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, fell 34.32 points, or 3.27 percent, to close at 1,016.28 points in Friday's trading. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprise...
BEIJING - Chinese equities lowered Friday, falling for the third consecutive day, along with most Asian markets weighed by overnight Wall Street losses on renewed concerns about global recovery outlook. The benchmark Shanghai Composite Index fell 0.54 percent, or 13.93 points, to ...
HONG KONG - One-year Chinese interest rate swaps (IRS) settled near 17-month highs on Thursday driven by a liquidity squeeze in the money market due to AgBank's share offering and as banks prepare for regular checks by authorities. Banks are bolstering their books ahead of semi...
China Construction Bank Corp, the world's second-largest lender by market value, won shareholder approval for a plan to raise as much as 75 billion yuan ($11 billion) in a rights offer. Investors approved the plan at a shareholder meeting in Hong Kong Thursday, Chairman Guo ...
Industrial and Commercial Bank of China Ltd, the world's biggest lender by market value, plans to sell 22 billion yuan ($3.24 billion) of bonds as soon as next month, according to a person with knowledge of the matter. Citic Securities Co, China International Capital Corp and ...
SINGAPORE - Singapore's third largest lender United Overseas Bank said on Thursday it invested an additional 1.37 billion yuan ($202m) in China's Evergrowing Bank. UOB bought 456 million new shares in Evergrowing at 3 yuan a share. The purchase was part of a private placement by ...
Bank of China Ltd (BOC) shares were halted from trading in Hong Kong after a report the nation's third-largest lender by value plans to raise as much as 60 billion yuan ($8.9 billion) in a stock offering to replenish capital. The Beijing-based lender will offer the shares in ...
SHANGHAI - Agricultural Bank of China's Shanghai share offering has drawn strong demand from potential strategic investors, who put up more funds than the value of shares set aside for them, the China Securities Journal said on Friday. ABC received more than 30 billion yuan in ...
SHANGHAI/HONG KONG: Agricultural Bank of China's Hong Kong share offering has been more than 10 times oversubscribed by institutional investors, signaling their healthy interest in the dual-market listing that could end up being the world's largest ever. Agricultural Bank of ...
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 ...