Markets Watch



Bourses face uncertain future
Under the present situation, it is difficult for Shanghai Futures Exchange and Shanghai Petroleum Exchange to fulfill their function of price discovery, analysts said.

Credit Suisse, Founder approved to launch securities JV
Credit Suisse won approval from China's securities supervisor on Sunday to form a joint venture with a domestic brokerage firm, Founder Securities Co. 

Why big games leave market cold
It is obvious that investors do not like to see the large companies set unreasonably high share prices and pursue immense fund raising plans with only scanty information about what they are going to do with their proceeds.

  PetroChina to sell bonds
PetroChina Co, the country's largest oil producer, plans to issue up to 60 billion yuan worth of corporate bonds to reduce its debt and supplement the working capital.

  OTC market central to Tianjin's development
Of the many initiatives planned to turn Tianjin Binhai New Area into a financial center, it is the proposed over-the-counter, or OTC, market which is taking center stage.

  Investors numbed by shock and confusion
Chinese investors are confused because they simply can't see the link between the global trend and the domestic stock market, which is largely closed to foreign investments.

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Shanghai 3,235.36 +1.25% Tue
Shenzhen 13,677.72 +1.42%
HSI 21,821.50 +3.25% Mon
Nikkei 9,572.20 +2.43% Tue
Dow 10,344.84 +0.34% Mon
Nasdaq 2,144.60 +0.29% Mon