Index futures launch a milestone for China reforms

2010-04-16 09:52:50

China's launch of trading in stock index futures on Friday will mark a milestone in making its financial markets more professional and less speculative, even though they are likely to get off to a slow start.

Futures likely to be pricey

2010-04-16 09:40:23

China's stock-index futures will begin trading on Friday at the "expensive side of fair value" as volumes will be limited, Goldman Sachs Group Inc said.
China sets launch value for index futures contracts
FACTBOX-China's first stock index futures contracts
Index futures launch a milestone for China reforms

China sets launch value for index futures contracts

2010-04-16 09:31:18

The China Financial Futures Exchange on Thursday set the base value for the kick-off of trade in China's first stock index futures contracts, due for official launch on Friday, at 3,399 points for all four contracts.

Mainland stocks fall on policy concerns

2010-04-16 09:24:02

Mainland stocks fell for the first time in three days on concern the government will take more measures to slow the economy and contain inflation after growth accelerated to the fastest pace in almost three years.

Hong Kong stocks close 0.16% up -- April 15

2010-04-15 16:28:15

Hong Kong stocks closed slightly up 36.39 points, or 0.16 percent, at 22,157.82 on Thursday.

ChiNext stock market down -- April 15

2010-04-15 16:17:16

The ChiNext stock market was down Thursday as 64 of the 66 stocks at China's start-up board for small and medium-sized enterprises declined

Chinese shares close flat on Thursday

2010-04-15 16:00:43

Chinese equities close almost flat Thursday as the nation's first quarter economic data were in line with market expectations.

China to float $4b book-entry treasury bonds

2010-04-15 10:00:06

China's Ministry of Finance (MOF) will float 20-year book-entry treasury bonds with a total par value of 28 billion yuan ($4.1 billion) Thursday, the ministry said.

Soybeans sprout on trade spat

2010-04-15 09:44:23

Soybean futures rose to a seven-week high on speculation a trade dispute between China and Argentina will persist, pushing the Asian nation to boost purchases of beans from the United States to meet rising demand.

Yuan forwards up on Singapore move

2010-04-15 09:42:37

Yuan forwards strengthened for the first time in four days after Singapore unexpectedly revalued its currency, spurring speculation the move will prompt China to allow appreciation.

Shanghai floats beckon global bigwigs

2010-04-15 09:12:53

The international board for listings by foreign companies will make its debut in Shanghai later this year, a top official from the city's financial regulator said on Wednesday.

Mainland stocks at 3-month high

2010-04-15 09:09:47

Mainland stocks rose to a three-month high as speculation of a stronger yuan and accelerating inflation spurred a rally for gold producers, countering declines by developers.