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Thanks to hot money, China's postage stamp market won't take a summer vacation this year. Most stamp prices kept rising in July and August, usually the slow season for stamp sellers.
The Chinese currency Renminbi, or the yuan, strengthened 55 basis points to 6.4386 per US dollar on Thursday, the highest since China started the exchange rate reform six years ago.
China giving HSBC Holdings Plc entry to its gold futures market, a first for a foreign bank, is likely a harbinger of a further opening to local and overseas institutions to trade the precious metal.
China Resources Land Ltd said it had issued $250 million worth of 4.625 percent senior notes due in 2016, Reuters reported Thursday.
American Express Co has assured Industrial and Commercial Bank of China Ltd (ICBC) it wants to keep its stake in the lender after entering into a contract to hedge fluctuations in the stock price.
China's securities regulator on Wednesday approved a plan by Great Wall Motor Co Ltd for a Shanghai initial public offering (IPO) worth about $500 million.
Hong Kong stocks lost 428.74 points, or 1.91 percent, at 21,992.72 on Wednesday.
China's stock index futures closed higher on Wednesday with the contract for August, the most actively traded, up 0.23 percent from the previous day to 2,960 points.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose 12.99 points, or 1.39 percent, to 945.11 on Wednesday.
China's stocks ended lower Wednesday with the benchmark Shanghai Composite Index down 0.03 percent to close at 2,678.49.
In the first half of 2011, 339 enterprises listed in 13 overseas and three domestic markets. Of these, 207 companies were Chinese companies, who raised $35 billion in total.
Dagong Global Rating Co adjusted the outlook of Poland's sovereign credit rating from stable to negative, while maintaining the country's ratings on domestic and foreign currencies on A and A-.
