Jiangzhong Pharmaceutical soars over 8% on 2009 profit rise

2010-01-28 14:06:28

Shares in Jiangxi Jiangzhong Pharmaceutical, one of China's major medicine makers, soared 8.27 percent to close at 27.9 yuan ($4.1) per share on Wednesday after a 43-percent increase in annual net profits last year.

Gansu Qilianshan Cement gains on forecast of profit rise

2010-01-28 13:55:05

Shares in Gansu Qilianshan Cement Co, one of China's largest cement producers, rose 0.85 percent to finish at 14.3 yuan ($2.1) Wednesday after it announced an expected doubling of profits in 2009.

Gemdale opens lower despite forecast of profit increase

2010-01-28 13:52:50

Shares of Gemdale Co, a Chinese real estate company, opened 0.68 percent lower at 11.65 yuan ($1.7) Thursday after the company forecast an increase in annual net profits last year.

China's stock market ranks world's No 2

2010-01-28 10:47:32

China's A-share stock market has become the world's second-largest by market value after the United States, the China Center for Market Value Management (CCMVM) said in a report yesterday.

Mobius: Lending curbs may help economy

2010-01-28 08:11:21

China's lending slowdown may benefit the domestic economy by reducing risk and investors should still buy shares of the nation's banks, investor Mark Mobius said.

Hong Kong stocks close 0.38% lower

2010-01-27 17:29:47

Hong Kong stocks fell 76.26 points, or 0.38 percent, to close at 20,033.07 on Wednesday.

China's stocks continue falling for 4th straight day

2010-01-27 16:42:48

Chinese equities fell for the fourth consecutive day Wednesday, with the benchmark index dropping below 3,000 points for the first time since last October.

Banking shares fall as govt tightens liquidity

2010-01-27 08:02:31

As concerns grow over whether more fundraising plans may be in the works for Chinese banks, investors may be wondering whether buying bank stocks is still a good bet or not.

Bearish options on emerging market ETF soar to new high

2010-01-27 08:02:31

Traders pushed options bets that pay off when emerging-market stocks retreat to a 17-month high, speculating China's actions to restrain inflation will slow the global economic recovery.

Patient investors to reap rewards

2010-01-27 08:02:31

The outlook for the Chinese stock market in 2010 still remains robust with promises of rewards for those who are perseverant and resilient, notwithstanding the recent declines, a leading analyst said yesterday.

Equities slump led by commodities, realtors

2010-01-27 08:02:31

Mainland equities fell yesterday, dragging the benchmark index to a three-month low, as developers and commodity producers dropped on concern the government will step up measures to slow the world's fastest-growing economy.

Import slowdown fears hit palm oil

2010-01-27 08:02:31

Palm oil dropped to the lowest in two months on concern demand from China, the biggest consumer of edible oils, may slow even as crude oil and soybeans declined.