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Chinese shares open mixed Friday

2011-05-20 10:18:32

Chinese shares opened mixed on Friday, with the benchmark Shanghai Composite Index down 0.04 percent to open at 2,858.31.

Yuan settlement in cross-border trade tops $82b

2011-05-20 09:08:37

China's yuan settlement in cross-border trade topped 530 billion yuan ($81.54 billion) in the first four months of 2011, said an official with the central bank on Thursday.

Top fund manager eyes China's promising fund market

2011-05-19 17:17:47

Though in the early stages of development, China's fund market has started to attract top international talent with its significant growth potential.

PBOC injects 67b yuan into banks this week

2011-05-19 17:14:26

China's central bank, the People's Bank of China (PBOC), pumped 67 billion yuan ($10.3 billion) of liquidity into banks this week after hiking its reserve requirement ratio and a decline of outstanding funds.

Hong Kong stocks end 0.66% higher

2011-05-19 17:08:18

Hong Kong stocks gained 152.24 points, or 0.66 percent, to close at 23,163.38 on Thursday

China stock index futures close down -- May 19

2011-05-19 17:06:18

China's stock index futures closed lower Thursday with the contract for May, the most actively traded, down 0.45 percent from the previous close to 3,117.

Chinese shares close down Thursday

2011-05-19 16:58:34

Chinese shares fell Thursday with the benchmark Shanghai Composite Index down 0.46 percent, or 13.20 points, to 2,859.74.

ChiNext Index closes down -- May 19

2011-05-19 16:59:44

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, edged down 0.66 percent, or 5.90 points, to 884.89 Thursday.

China's pension fund increases tenfold

2011-05-19 15:35:28

China's National Council for Social Security Fund said that by the end of 2010 the assets managed by it totaled 856.7 billion yuan,a tenfold increase since it was established in August 2000.

PICC premium income surges

2011-05-19 15:26:21

PICC Group, China's second-largest insurance group, saw its premium income standing at 110.1 billion yuan ($16.6 billion) on Monday, exceeding the total for the whole of 2010, the company's management said on Tuesday.

Ten measures to promote M&As in capital market

2011-05-19 15:18:36

The China Securities Regulatory Commission (CSRC) confirmed plans which include 10 measures to promote mergers and acquisitions (M&As) in the capital market, China Securities Journal reported Wednesday.

Riverwood, Orient Jiyi on lookout for tech investments

2011-05-19 13:15:07

The New York-based investment firm Riverwood Capital Co has just raised $800 million and signed a strategic cooperation agreement with a Chinese counterpart on Tuesday to help grow medium-sized high-tech companies.