China IRS rates at 19-mth peak Thursday

2010-06-25 11:29:20

One-year Chinese interest rate swaps (IRS) settled near 17-month highs on Thursday driven by a liquidity squeeze in the money market due to AgBank's share offering and as banks prepare for regular checks by authorities.

Central Huijin to sell bonds

2010-06-25 09:21:23

Central Huijin Investment Co will start to sell bonds worth 80 billion yuan ($11.73 billion) as early as next month and will inject the proceeds into two policy-oriented financial institutions, a source close to the matter said on Thursday.

ABC float raises buzz in market circuit

2010-06-25 09:00:34

Agricultural Bank of China (ABC) is likely to raise HK$80.8 billion from Hong Kong and nearly 61.4 billion yuan from Shanghai through the dual listing of shares next month, sources close to the matter said on Thursday. Focus on ABC's IPO Plan

ChiNext Index up -- June 24

2010-06-24 17:03:52

The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, gained 3.26 points, or 0.31 percent, to close at 1,050.6 points in Thursday's trading.

Hong Kong stocks finish 0.59% lower -- June 24

2010-06-24 16:48:58

Hong Kong stocks closed down 123.12 points, or 0.59 percent, at 20,733.49 points on Thursday.

China stock index futures up -- June 24

2010-06-24 16:41:13

China's stock index futures closed up Thursday with the contract for July, the most actively traded, up 0.34 percent from the previous trading day to end at 2,771 points.

Chinese stocks fall for second day with thin trading

2010-06-24 16:39:41

Chinese equities edged down Thursday, falling for the second consecutive day, with the trading volumes sharply down from the previous day.

China's stocks may rise 17% in H2 on faster growth, Shenyin says

2010-06-24 15:10:34

China's stocks, Asia's worst performer this year, may rise 17 percent in the second half because the government won't step up measures to rein in economic growth, according to Shenyin & Wanguo Securities Co.

Yuan shift won't make stocks better buys: Mobius

2010-06-24 09:07:29

China's decision to end its currency peg to the dollar hasn't made the country's stocks more attractive because any gain in the yuan is likely to be limited, according to Templeton Asset Management Ltd's Mark Mobius.

ABC forges ahead with IPO

2010-06-24 08:57:04

Agricultural Bank of China Ltd and Petroleo Brasileiro SA may hit the market with $50 billion of shares by the end of September after state-backed sales pushed initial public offerings (IPO) in emerging markets above developed nations for a record fifth straight quarter.

ChiNext Index up -- June 23

2010-06-23 16:33:35

The ChiNext Index, launched by the Shenzhen Stock Exchange on June 1, gained 12.34 points, or 1.19 percent, to close at 1,047.34 points in Wednesday's trading.

Steel makers drag Chinese shares down

2010-06-23 16:33:03

Chinese equities fell Wednesday, dragged by shares of steel makers after the government announced to scrap export tax rebates on a range of commodities, including various kinds of steel products.