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Yuan hits new record high at 6.5891 per U.S.dollar: The Chinese yuan strengthened to a record high against the U.S. dollar Tuesday to reach 6.5891 per dollar. The central parity rate of the Chinese currency, also known as the renminbi (RMB), was five basis points lower than last Friday's 6.5896, according to the China Foreign ...

UBS sees stocks to rise 15-20%: UBS Securities' analysts forecast the benchmark Shanghai Composite Index to rise 15-20 percent this year, and they recommend investors to follow real estate developers which they see may be the most profitable investment. But investors should be cautious about what they are ...

China stock index futures close down Monday: China's stock index futures closed down Monday with the contract for January, the most actively traded, fell 4.38 percent from the previous trading day to end at 2971.8 points. The February contract dropped 4.29 percent to close at 2992 points. The March contract shrank 4.16 ...

Gold price opens lower in Hong Kong: The gold price in Hong Kong fell 73 HK dollars to open at 12,645 HK dollars per tael on Monday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to 1,365.03 U.S. dollars a troy ounce, down 7.88 U.S. dollars at the latest exchange rate of one U.S. ...

ChiNext Index closes down Monday: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, fell 39.26 points, or 3.68 percent, to close at 1,028.16 Monday. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up ...

China's stocks close down Monday: China's stocks dropped Monday with the benchmark Shanghai Composite Index down 3.03 percent, or 84.68 points, to finish at 2,706.66 points. The Shenzhen Component Index closed down 4.55 percent, or 559.54 points, to end at 11,734.62 points. Combined turnover expanded to 182.30 ...

Market will remain flat: The Shanghai market is likely to stay flat this week following the central bank's move to increase banks' reserve ratio to drain excess money out of the economy. The benchmark Shanghai Composite Index shed 1.7 percent last week to close at 2,791.34 points on Friday. The reserve ...

Yuan weakens to 6.5897 per USD Monday: The value of Chinese currency, the yuan, weakened as the central parity rate was set at 6.5897 yuan per U.S. dollar Monday, compared with the 6.5896 last Friday, according to the China Foreign Exchange Trading system. The central parity rate of the currency, also known as the ...

ChiNext Index closes down Friday: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, fell 26.44 points, or 2.42 percent, to close at 1,067.42 Friday. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up ...

China stock index futures close down Friday: China's stock index futures closed lower Friday with the contract for January, the most actively traded, down 1.69 percent from the previous trading day to end at 3,097.4 points. The February contract dropped 1.73 percent to close at 3,119.0 points. The March contract shrank 1.73 ...

China's stocks close down Friday: China's stocks dropped Friday with the benchmark Shanghai Composite Index down 1.29 percent, or 36.37 points, to finish at 2,791.34 points. The Shenzhen Component Index closed down 1.04 percent, or 129.18 points, to end at 12,294.17 points. Combined turnover expanded to 161.97 ...

Chinese shares close down at midday Friday: Chinese shares closed down in the morning session Friday, with benchmark Shanghai Composite Index down 0.94 percent to end at 2,801.12. The Shenzhen Component Index declined 0.83 percent to 12,320.06 at midday.

China stock index futures open lower Friday: China's stock index futures opened lower Friday. The contract for settlement in January 2011, the most actively traded, opened 4 points lower at 3,143. The February 2011 contract opened 0.8 points lower at 3,169.4, while the contract for settlement in March 2011 fell 6.8 points ...

China's yuan hits new record high at 6.5896 per USD: The Chinese yuan strengthened to a record high against the U.S. dollar on Friday to reach 6.5896 per dollar. The central parity rate of the Chinese currency, also known as the renminbi (RMB), was set 101 basis points lower than Thursday's 6.5997, according to the China Foreign ...

ChiNext Index opens lower Friday: ChiNext Index opened 1.76 points lower to open at 1,092.09 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 ...

Chinese shares open lower Friday: Chinese shares opened lower Friday with the benchmark Shanghai Composite Index down 0.38 percent to open at 2,817.05. The Shenzhen Component Index opened 0.26 percent lower at 12,390.66.

China stock index futures close mixed Thursday: China's stock index futures closed mixed Thursday with the contract for January, the most actively traded, up 0.31 percent from the previous trading day to end at 3,147 points. The February contract rose 0.17 percent to close at 3,170.2 points. The March contract rose 0.22 ...

ChiNext Index closes up Thursday: The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, 2010, rose 4.18 points, or 0.38 percent, to close at 1,093.86 Thursday. The index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes ...

Chinese shares rise for third day Thursday: Chinese shares gained for the third consecutive day Thursday, with the benchmark Shanghai Composite Index up 0.23 percent, or 6.41 points, to end at 2,827.71. The Shenzhen Component Index rose 0.11 percent, or 13.37 points, to close at 12,423.34.

Chinese shares open higher Thursday: Chinese shares opened higher Thursday with the benchmark Shanghai Composite Index up 0.33 percent to open at 2,830.53. The Shenzhen Component Index opened 0.39 percent higher at 12,457.8.

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