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China stock index futures close up -- May 31

2011-05-31 16:20:31

China's stock index futures closed up on Tuesday with the contract for June, the most actively traded, up 0.88 percent from the previous day to 2,996.

ChiNext Index closes up -- May 31

2011-05-31 16:19:07

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, rose 12 points, or 1.44 percent, to 846.32 on Tuesday.

Chinese shares rebound on Tuesday, led by coal stocks

2011-05-31 15:39:21

Led by coal stocks, Chinese shares rebounded more than 1 percent on Tuesday, snapping a losing streak of eight consecutive trading days.

RBS, Guolian Securities open securities JV

2011-05-31 15:29:31

The Royal Bank of Scotland Group plc (RBS) and Guolian Securities Co Monday announced the opening of their securities joint venture, Huaying Securities Co, in Wuxi city, near China's financial center of Shanghai.

Samsonite is closer to $1.5b HK IPO

2011-05-31 11:07:02

The Luggage maker Samsonite Group, backed by private equity firm CVC Capital Partners, moved closer to its $1.5 billion Hong Kong initial public offering, setting an indicative range for the deal on Monday, as it bets on booming Asian demand for global consumer brands.

Australia backs cross-border RMB settlements

2011-05-31 11:10:43

Australia is keen to play a bigger part in accelerating the internationalization of the yuan, according to a new report.

Yuan hit new high of 6.4856 per USD Tuesday

2011-05-31 10:29:45

The Chinese currency Renminbi, or the yuan,strengthened 11 basis points to an all-time high at 6.4845 per US dollar on Tuesday, according to the China Foreign Exchange Trading system.

ABC set to issue bonds to boost CAR

2011-05-31 10:23:24

Agricultural Bank of China Ltd (ABC), the country's third-biggest lender by assets, will sell 40 billion yuan ($6.17 billion) of subordinated bonds from June 2 to 7, according to a statement.

Chinese shares open slightly higher Tuesday

2011-05-31 10:10:25

Chinese shares opened higher on Tuesday, with the benchmark Shanghai Composite Index up 0.04 percent to 2,707.56.

Markets continue losing streak - May 30

2011-05-31 10:08:54

Stocks on the Chinese mainland stocks fell for an eighth day, the longest losing streak since December 2008. The retreat came on concerns interest rates will rise, a property tax may be expanded nationwide and power shortages will cut production capacity.

China's credit card fraud losses down 32.38% in 2010

2011-05-31 09:44:12

Losses due to credit card fraud fell 32.38 percent year-on-year to 117.88 million yuan ($18.18 million) in 2010 with the fraud ratio standing at 0.0038 percent, down 0.004 percentage points from one year earlier, the China Bank Association (CBA) announced Monday.

China's Jan-April insurance premiums hit 570.8b yuan

2011-05-31 09:31:45

The combined value of China's insurance premiums rose to 570.8 billion yuan ($87.8 billion) in the first four months of this year, up 109.08 yuan from the figure in the January-March period.