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Chinese shares close up at midday Tuesday: China's stocks closed higher in the morning trading session Tuesday with the benchmark Shanghai Composite Index up 24.19 points, or 0.85 percent, to close at 2,877.11 points. The Shenzhen Component Index gained 0.96 percent, or 120.89 points,to end at 12,678.44 points at midday.

China's stocks close lower Monday: Chinese shares fell Monday with the benchmark Shanghai Composite Index closing down 1.41 percent, or 40.82 points, to end at 2,852.92 points. The Shenzhen Component Index declined 1.58 percent, or 202.05 points, to end at 12,557.55. Total turnover increased to 280.01 billion yuan ...

Market loses 2.8% on peninsular situation: Shanghai's key stock index tumbled this morning on concerns over Korean tension and the European debt crisis. The benchmark Shanghai Composite Index dropped 2.8 percent, or 82.21 points, to 2,811.53. Turnover grew to 82.4 billion yuan (US$12.4 billion) from last Friday's 50 ...

Key index seen flat this week on poor sentiment: Investor sentiment is expected to remain flat in the Shanghai stock market ahead of the New Year's Day holiday as well as uncertainties over future macroeconomic policies, according to observers. At a financial conference last Friday, Xia Bin, a member of the People's Bank of ...

Int'l Board to bolster China's stock market: As China approaches the opening of its stock market to overseas firms, experts believe the move will boost the development of the nation's capital market and help soak up excessive liquidity. Signs of establishing the long awaited International Board next year have become more ...

Seeking to remove speculation from commodity trading: The United States Commodity Futures Trading Commission (CFTC) last week announced new restrictions designed to remove some of the speculative element from commodity futures trading. The proposals restrict the number of open positions held by a single individual or organization. ...

China's yuan retreats to 6.6623 per USD Monday: The value of yuan contracted as the central parity rate of Renminbi, China's currency, was set at 6.6623 per U.S. dollar Monday, compared with Friday's 6.6593, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed to float on ...

Int'l Board to bolster China's stock market: As China approaches the opening of its stock market to overseas firms, experts believe the move will boost the development of the nation's capital market and help soak up excessive liquidity. Signs of establishing the long awaited International Board next year have become more ...

China stock index futures close mixed Friday: China's stock index futures closed mixed Friday with the contract for December, the most actively traded, down 0.52 percent from the previous trading day to end at 3,221.2 points. The January 2011 contract rose 0.18 percent to close at 3,281 points. The March 2011 contract ...

ChiNext Index closes up Friday: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, rose 7.95 points, or 0.65 percent, to close at 1,232.98 on Friday. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up the ...

China's yuan weakens to 6.6630 per USD Monday: The value of yuan weakened slightly as the central parity rate of Renminbi, China's currency, was set at 6.6630 per U.S. dollar Monday, compared with last Friday's 6.6604, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed ...

Chinese shares close higher at midday Thursday: China's stocks closed higher in the morning trading session Thursday with the benchmark Shanghai Composite Index up 0.2 percent to 2,917.21. The Shenzhen Component Index ended at 12,909.19, up 0.62 percent, at midday.

China's stocks close lower Friday: Chinese shares fell Friday with the benchmark Shanghai Composite Index closing down 0.15 percent, or 4.40 points, to end at 2,893.74 points. The Shenzhen Component Index declined 0.28 percent, or 36.08 points, to end at 12,759.60. Total turnover shrank to 183.53 billion yuan (27...

Sinopec keen on Syrian oil field: China's business press carried the following stories on Friday. China.org.cn has not checked the stories and does not vouch for their accuracy. Sinopec keen on Syrian oil field 21st Century Business Herald Chinese oil and gas producer Sinopec Group is considering bidding for ...

Pension fund allowed to invest in unlisted overseas firms: China's business press carried the following stories on Thursday. China.org.cn has not checked the stories and does not vouch for their accuracy. Pension fund allowed to invest in unlisted overseas firms Shanghai Securities News China's National Social Security Fund has won ...

Geely yet to decide on Volvo base: China's business press carried the following stories on Tuesday. China.org.cn has not checked the stories and does not vouch for their accuracy. Geely yet to decide on Volvo base Shanghai Securities News Geely has said it has not yet decided where to site its Volvo manufacturing ...

New owner of ICQ to be decided: China's business press carried the following stories on Wednesday. China.org.cn has not checked the stories and does not vouch for their accuracy. New owner of ICQ to be decided National Business Daily AOL Inc. has selected the final bidders for its ICQ instant messaging service, ...

Tudou.com files for Nasdaq listing: Chinese online video website Tudou.com on Wednesday submitted its application for listing on the Nasdaq stock market to the U.S. Securities and Exchange Commission, the China Business News reported Thursday. According to Tudou's filing, the company aims to raise up to $120 ...

Kingsoft sues Qihoo 360 chairman: A case brought by Kingsoft against Zhou Hongwei, chairman of Qihoo 360, alleging reputation infringement, opened on Monday in the Haidian District People's Court in Beijing. Kingsoft alleges Zhou said in a MicroBlog that Kingsoft had given false testimony in a court case against ...

Chinese shares open slightly higher Monday: Chinese shares opened slightly higher Monday, with the benchmark Shanghai Composite Index up 0.33 percent, or 9.29 points, to 2,850.32 at the opening. The Shenzhen Component Index climbed 0.69 percent to open at 12,546.05.

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