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China stock index futures close down -- May 24

2011-05-24 16:02:39

China's stock index futures closed down Tuesday with the contract for May down 0.19 percent from the previous close to 3,023.8.

ChiNext Index closes up -- May 24

2011-05-24 16:01:57

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, edged up 29.77 points, or 3.54 percent, to close at 870.66 Tuesday.

Chinese shares close mixed - May 24

2011-05-24 16:01:20

Chinese stocks closed mixed Tuesday with the benchmark Shanghai Composite Index down 0.27 percent, or 7.51 points, to 2,767.06.

Dagong downgrades UK credit

2011-05-24 13:10:38

China's first domestic rating agency, Dagong Global Credit Rating Co Ltd, on Tuesday downgraded the local and foreign currency long-term sovereign credit rating of the United Kingdom by one level to A+ from previous AA- with "negative" outlook.

Tightening, EU hit markets

2011-05-24 13:01:46

China's benchmark stock index fell the most in four months on Monday, erasing this year's gain.

CDB buys TPG stake

2011-05-24 11:12:35

China Development Bank (CDB) Corp's investment unit has agreed to purchase a stake in the US buyout company TPG Capital, said a person with knowledge of the matter.

Chinese shares open slightly lower Tuesday

2011-05-24 11:06:40

Chinese shares opened slightly lower Tuesday, with the benchmark Shanghai Composite Index down 0.31 percent to open at 2,766.06.

Prada gauges investor demand

2011-05-24 15:18:23

Prada SpA has started gauging investor demand for its Hong Kong initial public offering, according to a sales document.

Jewelry IPO for Chow Tai Fook

2011-05-24 15:15:53

Billionaire Cheng Yu-tung's Chow Tai Fook Group hired Goldman Sachs Group Inc, HSBC Holdings Plc and JPMorgan Chase & Co for an initial public offering of its jewelry retail unit that may raise as much as $4 billion.

Insurers eye long-term gain in housing plan

2011-05-24 10:52:53

Seven Chinese insurance companies will invest up to 80 billion yuan ($12.3 billion) to build affordable housing in Beijing.

Timing crucial for crude futures contract

2011-05-24 13:05:17

The Shanghai Futures Exchange (SHFE) still hopes to launch a crude oil futures contract as part of new product offerings, but the timing depends on whether China revises its oil import laws, the general manager of the exchange said on Saturday.

CIC sees investment potential in Russia

2011-05-24 10:27:51

Chinese companies can find rich investment opportunities in Russia through its planned direct investment fund and a new round of privatization, says China Investment Corporation chairman Lou Jiwei.