CICC profit jumps

2007-07-12 10:13:59

China International Capital Corp (CICC) posted an almost threefold jump in profit in the first half.

IPOs set trend for listing by city banks

2007-07-12 07:50:38

The initial public offering of two lenders - Bank of Nanjing and Bank of Ningbo - this week will spur a new round of bank listings on the domestic stock markets.

HK party seeks oil futures market

2007-07-12 07:50:38

The establishment of a vibrant oil commodities futures market in Hong Kong will help the city strengthen its position as an international financial center.

Bank of Ningbo sets IPO price range

2007-07-12 09:41:36

Bank of Ningbo said it has set the price range for its initial public offering (IPO) in Shenzhen at 8.00-9.20 yuan (US$1.06-1.22) per share.

Bank of Nanjing sets IPO price range

2007-07-12 09:31:37

Bank of Nanjing said it has set the price range for its initial public offering (IPO) in Shanghai at 9.8-11 yuan (US$1.29-1.45) per share.

Southern Airlines to purchase 45 aircraft

2007-07-11 15:07:51

China Southern said it would buy 20 A320s from Airbus and 25 B737-800 aircraft from Boeing at a total cost of 23.5 billion yuan.

Interest rate hike likely this month

2007-07-11 14:56:00

China's central bank may raise the interest rate this month, and the Ministry of Finance may also cancel or cut the interest tax, according a report released by Bank of China.

Trade surplus hits record

2007-07-11 09:31:47

The country posted a record trade surplus of US$26.9 billion in June as exporters rushed out shipments ahead of cuts in export tax rebates.

Deposit flow into stock markets slows

2007-07-11 09:17:26

Continuous corrections in the Chinese stock markets in June slowed the pace of money flowing out of banks and into the markets, latest statistics showed.

Merchants Bank and ICBC expect huge profit rise

2007-07-11 09:21:45

Two major Chinese banks forecast a huge growth in profit for the first half of this year, bolstered by an expanding loan business and other fee-based income.

Vanke to develop more shopping malls

2007-07-11 09:12:01

China Vanke Corp said it signed an agreement with a unit of Singapore's CapitaLand Ltd to build shopping malls in the world's fastest-growing consumer market.

Vanke to build shopping mall

2007-07-11 09:09:38

China Vanke Corp said it signed an agreement with a unit of Singapore's CapitaLand Ltd to build shopping malls in the world's fastest-growing consumer market.