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Hong Kong stocks close 0.68 pct lower: Hong Kong stocks closed down Tuesday tracking losses on Chinese mainland markets, with the weighted index sliding 158.23 points or 0.68 percent to end at 23, 007.99. The benchmark Hang Seng Index opened 0.19 percent lower at 23, 122.4 and traded between 22,844.53.05 and 23,199.44 ...

China tweaks tax code on individuals' restricted-share transfers: China's Ministry of Finance (MOF) said Tuesday nine types of individual transfer of listed companies' restricted shares will be subject to income tax. The announcement came in the Supplementary Circular of Income Taxation Concerning Issues on Individual Transfers of Limited ...

China's stocks close lower Tuesday: China's stocks fell Tuesday, as investors feared the prospect of interest rates hikes and inflation control policies would dampen earnings. The benchmark Shanghai Composite Index declined 1.61 percent, or 46.18 points, to close at 2,820.18. The Shenzhen Component Index lost 1.6 ...

Chinese shares plunge 3% on midday Tuesday: Chinese shares closed more than three percent on midday Tuesday as investors feared the central bank would raise interest rates over this weekend to cool excessive liquidity. The benchmark Shanghai Composite Index tumbled 3.05 percent, or 87.49 points, to 2,778.87 in the morning ...

Oil eases as bailout worries weigh: LONDON - Oil eased on Tuesday, after a record one-day rise in the previous session, depressed by doubts over a U.S. plan to rescue the financial sector. U.S. crude for November was 85 cents down at $108.52 a barrel by 1354 GMT (9:54 a.m. EDT), after rising nearly $7 on Monday. ...

ChiNext Index opens lower Tuesday: ChiNext stocks on Tuesday opened lower at 1,195.31 points, down 1.03 points, or 0.08 percent. The index, officially launched on June 1 on the Shenzhen Stock Exchange, has a base value of 1,000 points. The ChiNext Index, together with the Shenzhen Component Index and the Shenzhen ...

CSRC mulls international board: China Securities Regulatory Commission (CSRC) is considering launching an international board on the mainland stock exchanges, Shanghai Securities News reported Monday citing the commission's Vice-Chairman Yao Gang. The board is crucial for Chinese mainland stock exchanges to go ...

ChiNext Index closes down Monday: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, gained 24.09 points, or 2.01 percent, to close at 1,220.11 on Monday. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up ...

China stock index futures close mixed Monday: China's stock index futures closed mixed Monday with the contract for December, the most actively traded, up 0.16 percent from the previous trading day to end at 3,212 points. The January 2011 contract rose 0.1 percent to 3,241.8 points. The March 2011 contract gained 0.1 percent ...

China's stocks close lower Monday: China's stocks closed lower on Monday as the heavy weights dropped on liquidity concerns. The benchmark Shanghai Composite Index dropped 0.19 percent, or 5.34 points, to close at 2,866.36. The Shenzhen Component Index edged down 0.02 percent, or 2.46 points, to end at 12,536.55. ...

Brave faces, deep fears at Asia oil trader soirees: SINGAPORE - For the past five years, the annual get-together of Asia's oil trading professionals has been a celebratory affair, marked by steadily rising oil prices, expanding trading volumes and swelling bonuses. This year, any merry-making will mask gloom for an industry ...

China's growth barometer: The jaw-dropping fluctuations of the Chinese stock markets over the past two decades have been a rollercoaster ride for many investors. Yet, as the Shanghai and Shenzhen stock exchanges celebrate their 20th anniversaries this month, we can see that the Chinese stock market has ...

Oil rises above $67 after sharp fall; eyes on OPEC: PERTH - Oil bounced back on Thursday to hover above $67 a barrel, recouping some of the previous session's 7.5 percent loss, as investors shifted their focus to a likely OPEC agreement on Friday to cut output. Iranian Oil Minister Gholamhossein Nozari said on Thursday that OPEC ...

Lessons to learn from Chinese IPO boom in US: The year 2010 may bring about many good tidings for the Chinese economy despite global gloom. Ideally, Chinese shareholders would have jumped on the economic bandwagon and be joyfully awaiting the coming New Year. In reality, the volatility that has swept Chinese stock markets ...

New index tracks Shanghai's emerging industry blue chip stocks: The Shanghai Stock Exchange (SSE) and the China Securities Index Co., Ltd. (CSI) on Monday jointly launched the new SSE-380 Index that aims to reflect the performances of high-growth blue-chip stocks on the Shanghai stock market. The new index would track the performances of 380 ...

China stock index futures close lower Friday: China's stock index futures closed lower Friday with the contract for January 2011, the most actively traded, down 0.11 percent from the previous trading day to end at 3,171 points. The February 2011 contract fell 0.26 percent to close at 3,191.2 points. The March 2011 contract ...

Oil turns positive above $64, tracks Asian stocks: SINGAPORE - Oil erased early losses to rise by one dollar to above $64 on Tuesday, tracking a rebound in Asian stock markets as investors returned to buy beaten-down shares. The U.S. dollar's easing from an earlier 2- year high against the euro also helped and traders looked ...

ChiNext Index closes down Friday: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, dropped 8.27 points, or 0.73 percent, to close at 1,126.52 Friday. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes ...

Chinese shares close higher on Friday: Chinese equities closed higher on Friday as the benchmark Shanghai Composite Index went up 0.52 percent, or 14.60 points, to close at 2,838.80 points. The Shenzhen Component Index lost 0.2 percent, or 25.72 points, to close at 12,573.94 points.

G.M.I. joins Taiwan Stock Exchange: G.M.I. Technology Inc. (OTC, TAIEx: 3312) today announced that its application to move to the Taiwan Stock Exchange Corp. (TSEC) has been approved. The 1st day of being listed on the TSEC was December 29th, 2010. Commenting on the announcement, Lewis Lo, president of G.M.I., said...

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