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China Daily Website

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  • Commercial lenders' NPL ratio to rise this year

    2012-05-10 09:35

    China's commercial banks are expected to see an increase in non-performing loans as many firms have a lower cash flow and suffered a drop in net profits.

  • China to release bank charge regulation

    2012-05-10 09:13

    A new rule to regulate service charges of Chinese commercial banks is expected to come into effect soon, according to an CBRC official.

  • Foreign insurers target Chinese market

    2012-05-10 09:05

    Foreign investors' interest in China's insurance market is growing, despite the flat performance of foreign insurers in the country in recent years.

  • Hong Kong stocks close 0.75% lower - May 9

    2012-05-09 17:02

    Hong Kong stocks fell 154.11 points, or 0.75 percent, at 20,330.64 on Wednesday.

  • China stock index futures close lower - May 9

    2012-05-09 16:59

    China's stock index futures closed lower Wednesday, with the contract for May, the most actively traded, down 1.5 percent from the previous trading day to 2,663.6 points.

  • ChiNext Index closes down - May 9

    2012-05-09 16:59

    The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, shed 12.37 points, or 1.69 percent, to close at 719.35 points on Wednesday.

  • China speeds up QFII approval

    2012-05-09 16:24

    China sped up approvals for QFII during the first four months of this year, official statistics showed Wednesday.

  • Chinese shares close sharply lower - May 9

    2012-05-09 15:43

    Chinese shares closed sharply lower Wednesday, with the benchmark Shanghai Composite Index down 40.3 points, or 1.65 percent, to 2,408.59.

  • Long-term QFII scheme gets a boost

    2012-05-09 15:04

    China plans to speed up the approval process for long-term investment funding under the QFII scheme, preparing for the complete opening up of the capital account.

  • New rules on 'dim sum' bond issuance

    2012-05-09 14:16

    China set new rules on Tuesday to regulate the issuance of yuan-denominated bonds in Hong Kong by non-financial institutions on the mainland.

  • Citi: Sell 10-year govt bonds

    2012-05-09 13:53

    Citigroup Inc recommends investors sell China's 10-year government bonds and buy similar-maturity notes issued by China Development Bank.

  • Fears over cybercrime — PwC report

    2012-05-09 13:41

    Cybercrime has risen up the ranks to become the second most commonly reported economic crime affecting companies in the financial services sector.

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