First Heavy IPO falters on government tightening

2010-02-10 09:57:34

China First Heavy Industries, which makes equipment used in the mining and energy industries, fell in its first day of trading in Shanghai, bolstering speculation demand for IPOs is drying up as stocks drop.

Hong Kong stocks close 1.22% higher

2010-02-09 16:59:28

Hong Kong stocks gained 239.39 points, or 1.22 percent to close at 19,790.28 on Tuesday.

Chinese shares gain for first time in four days

2010-02-09 16:42:44

Chinese equities rose Tuesday for the first time in the past four trading days, with the benchmark Shanghai Composite Index edging up 0.47 percent, or 13.67 points, to 2,948.84 points.

China First Heavy Industries breaks IPO price

2010-02-09 11:10:30

China First Heavy Industries (CFHI), a leading heavy industry manufacturer, opened at 5.48 yuan ($0.8) per share for its debut at the Shanghai Stock Exchange, breaking its initial public offering (IPO) price.

Huatai offering to help fund investment

2010-02-09 10:10:32

Huatai Securities Co hopes to raise as much as 17.26 billion yuan in an initial share sale in Shanghai, where two companies that went public in the past month fell on their first trading day.

Emerging markets index to surge

2010-02-09 10:04:23

The biggest tumble in developing-nation stocks in 11 months is making investment strategists at Morgan Stanley, Credit Suisse Group AG and Goldman Sachs Group Inc as bullish as ever.

Benchmark dips amid tightening concerns

2010-02-09 10:02:59

China's benchmark stock index fell as developers dropped on concern tighter lending standards will curb demand for property, countering gains by consumer-related companies ahead of the weeklong Lunar New Year holiday.

Equities to witness 'post-holiday rebound'

2010-02-09 10:01:53

China's stocks may rebound after this month's Lunar New Year holiday because the government won't tighten monetary policy too aggressively given the outlook for economic growth, according to the nation's top-ranked brokerages.

Gold falls in bad year for marriage

2010-02-09 09:38:05

'Unlucky' time for tying the knot may take shine off jewelry sales in China...

More central enterprises to go public

2010-02-08 17:27:57

China's State-owned assets watchdog will encourage more qualified State-owned enterprises (SOEs) to go public this year, since the capital market has strongly supported the development of central enterprises in recent years, Shanghai Securities News reported Monday, citing a senior official.

Hong Kong stocks close 0.58% lower Monday

2010-02-08 16:59:13

Hong Kong stocks lost 114.19 points, or 0.58 percent, to close at 19,550.89 on Monday.

Chinese shares further down on Monday

2010-02-08 16:55:29

Chinese equities edged 0.13 percent lower Monday to 2,935.17 points, renewing the lowest level in the past three month since it ended at 2,939.40 points on the previous trading day.