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More Chinese hold securities, fund products: Faced with rising inflation, more Chinese are investing in securities and fund products despite the poor performance of the country's stock markets recently, according to the China Securities Depository and Clearing Corp. (SD&C). Investors opened about 203,400 securities accounts ...

More Chinese hold securities, fund products: Faced with rising inflation, more Chinese are investing in securities and fund products despite the poor performance of the country's stock markets recently, according to the China Securities Depository and Clearing Corp. (SD&C). Investors opened about 203,400 securities accounts ...

More Chinese Hold Securities, Fund Products: Faced with rising inflation, more Chinese are investing in securities and fund products despite the poor performance of the country's stock markets recently, according to the China Securities Depository and Clearing Corp. (SD&C). Investors opened about 203,400 securities accounts ...

China stocks close higher Friday: Chinese shares closed higher Friday with the benchmark Shanghai Composite Index up 2.16 percent, or 57.96 points, to close at 2,746.21. The Shenzhen Component Index rose 1.87 percent, or 220.76 points, to finish at 11,996.08.

China's stocks open slightly lower Friday: China's stocks opened slightly lower on Friday, with the benchmark Shanghai Composite Index down 0.38 percent to open at 2,678.05. The Shenzhen Component Index opened at 11,749.93, down 0.22 percent.

China's yuan weakens against USD Friday: The Chinese currency Renminbi, or the yuan,weakened 6 basis points to 6.4742 per U.S. dollar on Friday, according to the China Foreign Exchange Trading system. In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0.5 percent from the central parity rate ...

Reverse-merger fallout to slow pace of Chinese listings: The pace of Chinese listings in the US markets is likely to slow this year amid tougher regulations aimed at curbing backdoor listings of companies, following a series of alleged accounting scandals, analysts said on Thursday. The US Securities and Exchange Commission (SEC) said ...

Soho China to increase bank loan: SINGAPORE - Soho China Ltd, the developer whose founder and chief executive officer is billionaire Zhang Xin, increased a dual-currency term loan to $605 million from $400 million, a person familiar with the matter said. The three-year facility, denominated in US and Hong Kong ...

Reverse-merger fallout to hurdle Chinese listings: BEIJING - The pace of Chinese listings in the US markets is likely to slow this year amid tougher regulations aimed at curbing backdoor listings of companies, following a series of alleged accounting scandals, analysts said on Thursday. The US Securities and Exchange Commission ...

Gold Rush as Sales Surge Predicted: Gold's luster is continuing to attract rising domestic demand and China will continue to "outperform" other countries in private consumption of the precious metal, with sales growth remaining above 20 percent over the next two years, an industry expert said. The amount individual ...

Cement, glass shares drive Chinese stock market higher: Chinese stocks gained Thursday on the back of rising cement producers and glass stocks. The benchmark Shanghai Composite Index climbed 1.47 percent, or 38.93 points, to close at 2,688.25. The Shenzhen Component Index rose 2.01 percent, or 231.66 points, to finish at 11,775.32. ...

China's central bank suspends bill issue: The People's Bank of China (PBOC), the central bank, on Thursday suspended its regular issue of bills to inject liquidity into banks to ease tight money supply in the market. In its regular open market operations this week, the PBOC only auctioned 1 billion yuan (154 million U.S. ...

China's stocks end higher at midday Thursday: Chinese shares closed higher in the morning session on Thursday. The benchmark Shanghai Composite Index rose 0.24 percent, or 6.38 points, to 2,655.7. The Shenzhen Component Index gained 85.94 points, or 0.74 percent, to 11,629.59.

China's stocks open slightly lower Thursday: China's stocks opened slightly lower on Thursday, with the benchmark Shanghai Composite Index down 0.33 percent to open at 2,640.66. The Shenzhen Component Index opened at 11,511.91, down 0.27 percent.

Housing Tax in Chongqing Curbs Sales, Prices: A housing tax in southwest China's Chongqing Municipality has helped to curb sales and prices for high-end housing after the tax took effect in late January, a local housing official said Thursday. The tax has driven many potential buyers away from high-end residential projects ...

Air Cargo Volume Drops 4.2 percent: Chinese mainland airlines suffered annual declines in cargo volume in May for the first time this year as the market remained quiet, especially on overseas routes. Cargo volume dropped 4.2 percent from a year earlier to 447,400 tons in May, including a 16 percent dip on ...

China 2nd in iPhone Application Downloads: The Chinese mainland has become the world's second-biggest market for iPhone application downloads, behind only the United States, a Netherlands-based mobile analytic company said Wednesday. It showed the wide popularity of Apple Inc's smartphone in China, the world's biggest ...

China stocks close slightly higher Wednesday: Chinese shares closed slightly higher Wednesday following Tuesday's rebound. The benchmark Shanghai Composite Index moved up 0.11 percent, or 2.84 points, to close at 2,649.32. The Shenzhen Component Index rose 0.29 percent, or 33.67 points, to finish at 11,543.65. Combined ...

Shanghai sets steel, mining rights exchanges: The Shanghai United Steel Exchange and the Shanghai United Mining Rights Exchange were set up on Monday, Xinhua News Agency reported. The steel exchange will serve as a platform for steel e-commerce, on-the-spot steel trading, information delivery, financial services and ...

New rules open fund industry to more players: BEIJING - China's securities watchdog loosened restrictions on the country's fund industry on Tuesday to allow more players to sell fund products while domestic mutual funds are struggling to issue new shares in a sluggish market. Companies with limited or unlimited partnerships ...

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