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Chinese shares close higher to end year: Chinese equities posted large gains on the last trading day of 2010, with the benchmark Shanghai Composite Index up 1.76 percent, or 48.5 points, to close at 2,808.08 points on Friday. The Shenzhen Component Index jumped 2.63 percent, or 319.66 points, to close at 12,458.55 ...

Chinese shares end modestly higher at midday Friday: China's stocks managed to close modestly higher in the morning session Friday, as investors prepared to bid farewell to a volatile but weak markets at the end of 2010. The benchmark Shanghai Composite Index edged down a tick to open at 2,759.16 but moved out of the negative ...

China to see steady IPO flow in 2011: China Hainan Rubber Industry priced its Shanghai IPO at the top end of an indicative range, raising US$709 million in what could be a harbinger of a steady deal flow next year in China, the world's top market for initial public offerings. Global IPOs have hit a record this year ...

China's yuan hits new record high at 6.6227 per USD: The Chinese currency, the yuan, strengthened to a record high against the U.S. dollar for a second consecutive day Friday, at 6.6227 per U.S. dollar on the last trading day of the year after 11 consecutive days of gains. The central parity rate of the currency, also known as the ...

Chinese shares open mixed Friday: Chinese shares opened mixed Friday, with the benchmark Shanghai Composite Index down 0.01 percent to 2,759.16 at the opening. The Shenzhen Component Index rose 0.27 percent to 12,171.49 at the opening.

China stock index futures open mixed Friday: China's stock index futures opened mixed Friday. The contract for settlement in January 2011, the most actively traded, opened flat from the previous trading day at 3,097.8. The February 2011 contract opened 1.8 points lower at 3,134 while the contract for settlement in March ...

ChiNext Index opens slightly higher Friday: ChiNext Index was up 0.15 points to open at 1,117.36 points Friday. The index, officially launched on June 1, 2010 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 SME (small and ...

New loans to reach 7.1 trillion yuan in 2011: China is expected to adopt a steady and tight monetary policy next year, and the growth rate of new loans will drop to 15 percent, meaning total new loans of about 7.1 trillion yuan (US$1.07 trillion), according to Xia Bin, an adviser to the People's Bank of China. Xia also said ...

Oil falls to 22-month low on demand, stock build: NEW YORK - Oil prices dropped to 22-month lows on Wednesday as U.S. inventories rose and demand weakened due to the global economic slowdown. U.S. crude settled down 77 cents at $53.62 a barrel, the lowest settle since January 22, 2007. Earlier, prices had risen slightly on ...

China stock index futures close up Thursday: China's stock index futures closed up Thursday with the contract for January 2011, the most actively traded, up 0.35 percent from the previous trading day to end at 3,093.8 points. The February 2011 contract gained 0.38 percent to close at 3,135.4 points. The March 2011 contract ...

Chinese shares close higher on Thursday: Chinese equities continued Wednesday's rise, with the benchmark Shanghai Composite Index up 0.29 percent, or 8.04 points, to close at 2,759.57 points on Thursday. The Shenzhen Component Index gained 0.2 percent, or 24.33 points, to close at 12,138.9 points. Combined turnover ...

ChiNext Index closes up Thursday: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, climbed 3.9 points, or 0.35 percent, to close at 1,117.21 Thursday. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up ...

Chinese shares close lower at midday Thursday: China's stocks closed lower in the morning trading session Thursday with the benchmark Shanghai Composite Index edging down 9.77 points, or 0.35 percent, to close at 2,741.76 points. The Shenzhen Component Index lost 40.69 points, or 0.34 percent, to end at 12,073.87 points at ...

Mainland leads world in IPOs: The Chinese mainland led the global market for initial public offerings this year as 349 companies debuted and raised nearly 490 billion yuan (US$74.02 billion), both records, industry data showed. The two records were achieved under a backdrop of ample cash and a strong economy ...

China's yuan hits new record high at 6.6229 per USD: After 10 consecutive days of gaining, the Chinese currency yuan, also known as the Renminbi (RMB), strengthened to a new record high at 6.6229 per U.S. dollar Thursday. After jumping 18 basis points from Wednesday's 6.6247, the central parity rate of the renminbi beat the ...

Chinese shares open higher Thursday: Chinese shares opened higher Thursday, with the benchmark Shanghai Composite Index up 0.02 percent to 2,751.97 at the opening. The Shenzhen Component Index fell 0.02 percent to 12,111.88 at the opening.

China stock index futures open mixed Thursday: China's stock index futures opened mixed Thursday. The contract for settlement in January 2011, the most actively traded, opened unchanged from the previous trading day at 3,083. The February 2011 contract opened 1.4 points higher at 3,124.8 while the contract for settlement in ...

ChiNext Index opens slightly higher Thursday: ChiNext Index was up 0.25 points to open at 1,113.56 points Thursday. 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 SME (small and medium...

A-share market financing hit 1 trln yuan 2010: China's A-share market set records in financing this year with 1.06 trillion yuan ($157.62 billion), exceeding the sum of fundraising in the last two years, which were 512 billion yuan in 2009 and 352 billion yuan in 2008, the Securities Times reported Wednesday. Statistics show ...

China stock index futures close mixed Wednesday: China's stock index futures closed mixed Wednesday with the contract for January 2011, the most actively traded, up 0.05 percent from the previous trading day to end at 3,091.6 points. The February 2011 contract gained 0.14 percent to close at 3,131.8 points. The March 2011 ...

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