The Ministry of Finance now says that it will sell 30 billion yuan worth of treasury bonds this week. The 30-year bonds have a fixed annual interest rate of 4.5 percent. The bonds will be sold from Thursday to next Monday, and will become tradeable on the markets on Wednesday. ...
Battered first by droughts and now floods, the livelihood of the people and industrial output have been greatly affected, but most listed companies said it has been business as usual for their operations despite the adverse weather conditions, the China Securities Journal ...
Chinese shares closed higher in the morning session on Tuesday. The benchmark Shanghai Composite Index rose 0.22 percent, or 5.73 points, to 2,626.98. The Shenzhen Component Index gained 102.49 points, or 0.90 percent, to 11,431.16.
The Chinese currency Renminbi, or the yuan,strengthened by 6 basis points to 6.4690 per U.S. dollar on Tuesday, 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 ...
China's stocks rose moderately at opening on Tuesday, with the benchmark Shanghai Composite Index up 0.26 percent to open at 2,628.82. The Shenzhen Component Index opened at 11,360.93, up 0.28 percent.
Chinese shares posted a rally Tuesday after falling to the lowest level in almost nine months the previous trading day. The benchmark Shanghai Composite Index rose 1.01 percent, or 26.43 points, to close at 2,647.68. The Shenzhen Component Index rose 1.6 percent, or 181.31 points...
BYD Co, the Chinese automaker backed by Warren Buffett, said it will raise 1.42 billion yuan ($219 million) in its Shenzhen, China share sale, less than the company originally sought. BYD will sell 79 million shares at 18 yuan apiece, the company said in a statement to the ...
Chinese shares fell to their lowest level in almost nine months on Monday amid weak market sentiment, despite big gains of property developers. The benchmark Shanghai Composite Index dropped 0.82 percent, or 21.57 points, to close at 2,621.25, while the Shenzhen Component Index ...
The Chinese currency Renminbi, or the yuan,strengthened by 20 basis points to 6.4696 per U.S. dollar on Monday, according to the China Foreign Exchange Trading system. On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each ...
China's stocks fell moderately at opening on Monday, with the benchmark Shanghai Composite Index down 0.26 percent, or 6.98 points, to open at 2,635.83. The Shenzhen Component Index opened at 11,408.36, down 0.8 points.
BYD to raise US$219m in China IPO A 21.92 BYD, a Chinese auto maker in which billionaire investor Warren Buffett holds a stake, aims to raise as much as 1.42 billion yuan (US$219 million) through an initial public offering on China's Shenzhen stock market. The Shenzhen-based ...
The National Bureau of Statistics says less Chinese cities have seen month-on-month decline in prices of both new homes and second-hand homes. The NBS says that month-on-month price growth for new commercial homes is reported in 50 out of 70 major cities pooled, 6 cities less ...
House trading has remained largely tepid in Beijing since the nation's capital promulgated a series of purchase limit policies on Feb. 16 to help cap the soaring home prices. According to the municipal bureau of statistics, 4.52 million square meters of commercial houses were ...
U.S. stocks ended mixed on Friday, with the Dow and S&P 500 posting small weekly gains after a six- week losing streak, as Greek debt problems showed some signs of easing. Market sentiment was lifted after France and Germany said they reached an outline agreement to aid the debt...
Chinese shares closed higher in the morning session on Friday, with the benchmark Shanghai Composite Index up 0.37 percent, or 9.75 points, to 2,674.03. The Shenzhen Component Index gained 125.08 points, or 1.09 percent, to end at 11,561.07.
The Chinese currency Renminbi, or the yuan,strengthened by 87 basis points to 6.4716 per U.S. dollar on Friday, according to the China Foreign Exchange Trading system. On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each ...
Crude prices slipped further to a new low in four months as investors remained concerned about economic recovery amid Greek debt crisis. Although there appeared to be chances for a new bailout package for Greece, and the euro also rallied for the second straight day, investors ...
Gold futures on the COMEX Division of the New York Mercantile Exchange further hiked on Friday, buoyed up by increasing safe-haven demands coming out of worries over the escalating debt crisis in Greece. The most active gold contract for August delivery hiked 9.2 U.S. dollars, or ...
The U.S. stocks ended mixed on Friday, with the Dow and S&P 500 posting small weekly gains after a six-week losing streak, as Greek debt problems showed some signs of easing. The Dow Jones industrial average rose 42.84 points, or 0.36 percent, to 12,004.36 and the Standard & Poor...
The U.S. dollar fell against major currencies in late New York trading on Friday as hopes grew for a bailout deal for Greece and mixed economic data also affected the greenback. Germany backed down over the Greece bailout plan as German Chancellor Angela Merkel said on Friday a ...