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HK shares close 1.31% lower, China Shenhua leads decline: Hong Kong stocks fell below 23,000 mark and went down 304.28 points, or 1.31 percent to close at 22,949.56 Friday. The benchmark Hang Seng Index opened 84.92 points, or 0.37 percent lower at 23,338.76, then traded between 22,932.48 and 23,338.76 during the day's session. Turnover ...

Pressure taking its toll on investors' health: BEIJING - More than 60 percent of investors in the stock market in China say they regularly experience negative moods, according to a recent health survey. On Wednesday, the Chinese Medical Doctor Association, the Chinese Hospital Association, the Beijing Health Maintenance ...

Chinese shares fall following Wall Street plunge: Chinese shares declined sharply on Thursday after an overnight slump in the U.S. market weighed on market sentiment. The benchmark Shanghai Composite Index dipped 1.4 percent, or 38.39 points, to 2705.18 points. The Shenzhen Component Index dived 1.65 percent, or 193.31 points, ...

Chinese shares drop at midday Thursday: Chinese shares closed down in the morning session on Thursday following U.S. stocks plunge on weak jobs and manufacturing data. The benchmark Shanghai Composite Index went down 1.96 percent, or 53.91 points, to 2,689.66 at midday. The Shenzhen Component Index slumped 261.74 ...

Firms' fundraising jumps 56%: Chinese firms have raised a total of 438.4 billion yuan (US$67.55billion) from the stock markets from January to May, a jump of 56.3 percent from a year ago, according to Wind Information Co. This is a sharp contrast to a drop of 3.83 percent of the Shanghai Composite Index, ...

Developers consolidate amid tightening: The number and value of mergers and acquisitions (M&A) in China's real estate sector reached a record high in the first quarter of 2011, amid the government's continuous tightening policies to tame inflation and sky-rocketing housing prices. A total of 32 M&As were completed ...

China's yuan weakens to 6.4886 per USD Thursday: The Chinese currency Renminbi, or the yuan,weakened 49 basis points to hit 6.4886 per U.S. dollar on Thursday, according to the China Foreign Exchange Trading system. The yuan's central parity rate reached an all-time high of 6.4837 per U.S. dollar on Wednesday. On China's ...

China's Jan-May futures transaction value rises to 56t yuan: Trading in China's four commodity futures exchanges surged 22.58 percent year-on-year in the first five months of this year, the China Futures Association said on Wednesday. The value of China's futures transactions rose to 56.6 trillion yuan (about 8.71 trillion U.S. dollars) in ...

Chinese shares edge up after manufacturing data: Chinese shares edged up on Wednesday after a reading of the country's manufacturing sector continued to slow in May at a rate that was within expectation. The benchmark Shanghai Composite Index closed almost flat at 2,743.57. The Shenzhen Component Index inched up 0.3 percent, or ...

Sluggish manufacturing data pull down market: Shanghai stock market failed to extend yesterday's gains and closed lower in the morning session today, as figures showed China's manufacturing posted the slowest growth pace in nine months in May. The Shanghai Composite Index lost 0.25 percent to 2,736.72. Turnover remained ...

Chinese shares close mixed at midday Wednesday: Chinese shares closed mixed in the morning session on Wednesday, as investors digested the consequence from the Purchasing Managers Index (PMI) of China's manufacturing sector in May and looked for clues about the economic outlook. The benchmark Shanghai Composite Index lost 0.25 ...

China's yuan hits new high of 6.4837 per USD: The Chinese currency Renminbi, or the yuan,strengthened 8 basis points to an all-time high at 6.4837 per U.S. dollar on Wednesday, according to the China Foreign Exchange Trading system. The yuan's fresh central parity rate scrapped the previous record of 6.4845 per U.S. dollar ...

Chinese shares open slightly lower Wednesday: Chinese shares opened lower on Wednesday, with the benchmark Shanghai Composite Index down 0.23 percent to 2,737.06. The Shenzhen Component Index lost 0.14 percent to 11,648.86.

Investor protection vital for market to move forward: It has been 20 years since the birth of China's stock market, which has experienced wild ups and downs. Looking back, I think we should reflect on what kind of market it has developed into, what role it has played in China's economy and what we should do next. China's achievement ...

Time to fasten your seat belts: It may be disappointing that I'm not going to talk in this column about whether it's time to buy into China's stock market when the market looks cheap after a recent derating. I have to admit that, despite being one of the first journalists who began reporting on China's ...

A 20-year rollercoaster ride: Jiang Zhikang's foray into China's fledgling stock market in the early 1990s was not only risky but required great patience. "I lined up at the small trading counter for a whole night in order to buy the stock subscription certificates,"Jiang, 62, says. "I thought that owning ...

A bold vision that changed China: Thirty years ago, Deng Xiaoping set out an economic vision which seemed astonishing - a 70-year policy to transform China into an advanced economy. However, the targets for its first 30 years have already been exceeded and China's economic achievements are probably the most ...

Developers consolidate amid tightening: The number and value of mergers and acquisitions (M&A) in China's real estate sector reached a record high in the first quarter of 2011, amid the government's continuous tightening policies to tame inflation and sky-rocketing housing prices. A total of 32 M&As were completed ...

China Southern to buy 6 Boeing cargo planes: HONG KONG - China Southern, the country's largest airline, said Tuesday that it would purchase six Boeing B777F cargo planes. In a statement filed to the Hong Kong stock exchange, China Southern said the catalogue price of each Boeing B777F is $264 million, but the airline's ...

Chinese shares rebound on Tuesday: Led by coal stocks, Chinese shares rebounded more than 1 percent on Tuesday, snapping a losing streak of eight consecutive trading days. The benchmark Shanghai Composite Index went up 1.37 percent, or 37.11 points, to 2,743.47. The Shenzhen Component Index rose 1.63 percent, or ...

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