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ChiNext Index closes down Monday: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, dropped 29.54 points, or 2.88 percent, to close at 994.97 Monday. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes ...

China's shares close lower Monday: China's stocks closed lower Mondays with the benchmark Shanghai Composite Index down 0.72 percent, or 19.57 points, to 2,695.72 points. The Shenzhen Component Index dropped 1.30 percent, or 151.04 points, to end at 11,488.92 points.

Chinese shares close lower at midday: Chinese shares closed lower at midday Monday, with the benchmark Shanghai Composite Index dropping 0.5 percent to end at 2,701.84. The Shenzhen Component Index slid 1.42 percent to 11,475.09 at midday.

China stock index futures open mixed Monday: China's stock index futures opened mixed Monday. The contract for settlement in January 2011, the most actively traded, opened 11.6 points lower at 2,940. The February 2011 contract opened 8.4 points higher at 3,005.4, while the contract for settlement in March 2011 dropped 4 ...

China's yuan advances to 6.5883 per USD Monday: The central parity rate of yuan, the Chinese currency, Monday gained 3 points to 6.5883 against the U.S. dollar, according to the China Foreign Exchange Trading System. China's central bank announced in June 2010 it would further reform the exchange rate formation mechanism to ...

ChiNext Index opens higher Monday: ChiNext Index opened 0.28 point higher at 1,024.79 points Monday. 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 medium...

Chinese shares open slightly higher Monday: Chinese shares opened slightly higher Monday with the benchmark Shanghai Composite Index up 0.05 percent to open at 2,716.52. The Shenzhen Component Index opened 0.19 percent higher at 11,661.76.

Investors hold back as market may fall: Chinese mainland's stock market will continue to fall amid liquidity pressure and speculation on further tightening measures including another interest rate hike, analysts said. The benchmark Shanghai Composite Index fell 2.7 percent last week, the largest weekly loss in two ...

Chinese shares close higher Friday: China's stocks closed higher on Friday as banks and property developers gained. The benchmark Shanghai Composite Index rose 1.41 percent, or 37.64 points, to close at 2,715.29 points. The Shenzhen Component Index gained 0.63 percent, or 73.22 points, to end at 11,639.96 points.

Chinese shares close higher at midday: Chinese shares closed higher at midday Friday, with the benchmark Shanghai Composite Index up 1.85 percent, to end at 2,727.17. The Shenzhen Component Index climbed 1.78 percent to 11,772.92 at midday.

High-end equipment a good bet: While the expectation of further monetary tightening may continue to drag down the Chinese stock market, analysts said that emerging sectors such as the high-end manufacturing industry may offer promise in 2011, thanks to favorable government policies and rosy earning prospects. ...

Shanghai Construction starts restructuring: Shanghai Construction Group Co Ltd on Thursday suspended trading of its A shares in Shanghai to avoid large fluctuations in its share price, as its parent company Shanghai Construction General Co has begun talks with the local government on asset reorganization within the company...

Gold price opens lower in Hong Kong: The gold price in Hong Kong fell 155 HK dollars to open at 12,508 HK dollars per tael Friday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to 1,348.68 U.S. dollars a troy ounce, down 17.24 U.S. dollars at the latest exchange rate of one U.S. ...

China's shares slump almost 3% on rates hike fears: China's stocks tumbled 2.92 percent on Thursday as the latest inflation data heightened concerns of a possible interest rate hike around Spring Festival which falls on Feb. 3. The benchmark Shanghai Composite Index shed 2.92 percent, or 80.45 points, to close at 2,677.65 points. ...

Investor enthusiasm for IPOs decreases: Investor enthusiasm for new listings on the Chinese mainland stock markets is waning as more than 60 percent of the new shares that debuted this year have fallen below their initial public offering price. A survey on Hexun.com, China's biggest business news website, showed 64.04 ...

Dollar falls as euro hits highest level in 2 months: The U.S. dollar fell against major currencies in late New York trading on Wednesday as the euro touched two-month high with European debt situation eased. The euro climbed to 1.3538 against the dollar in Wednesday's trading session, the highest level since late November.

China's stocks close up Wednesday: China's stocks edged up Wednesday with the benchmark Shanghai Composite Index up 1.81 percent, or 49.12 points, to close at 2,758.1 points. The Shenzhen Component Index closed up 2.51 percent, or 294.96 points, to end at 12,066.55 points. Combined turnover rose to 154.03 billion ...

Chinese shares rebound over 1% at midday: Chinese shares bounced more than 1 percent at midday Wednesday, boosted by expectation of high-speed railway-related companies as China kicked its annual Spring Festival travel rush season Wednesday. Some 700 million Chinese are expected to move around China during the 40-day ...

Yuan hits new record high at 6.5885 per U.S.dollar: The Chinese yuan rose to a record high Wednesday of 6.5885 against the U.S. dollar. The central parity rate of the Chinese currency, also known as the renminbi (RMB), was a little bit stronger than the previous record of 6.5891 set Tuesday, according to the China Foreign Exchange ...

Gold price opens higher in Hong Kong: The gold price in Hong Kong rose 22 HK dollars to open at 12,645 HK dollars per tael on Tuesday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to 1,364.86 U.S. dollars a troy ounce, up 2.21 U.S. dollars at the latest exchange rate of one U.S. ...

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