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China's Ministry of Finance said Tuesday that it would launch three batches of electronic savings bonds worth up to 50 billion yuan ($7.64 billion) starting this week.
China's Ministry of Finance (MOF) said Tuesday it will sell 10 billion yuan ($1.53 billion) of book-entry discount treasury bonds.
The idea of "going green" is becoming a prominent strategy in the world of business. But green financial products are still rare, especially in China.
Chinese shares closed lower Tuesday with the benchmark Shanghai Composite Index down 1.38 points, or 0.05 percent, to 3,021.37.
China Shipbuilding Industry Co Ltd plans to raise up to 12.5 billion yuan ($1.9 billion) by selling new shares to a select group of investors, the company said on Tuesday.
The trial of China's new Qualified Foreign Limited Partnerships (QFLP) policy is proving to be a hit with overseas private equity (PE) companies, who are showing interest in the direct-investment channel.
China granted qualified foreign institutional investors (QFII) status to three foreign fund management companies in the first quarter of the year, official data showed.
China Everbright Bank Co said on Monday that its net profit jumped 67.4 percent to 12.79 billion yuan ($1.96 billion) for the 12-month period ended on Dec 31 last year, boosted by higher interest margins and commissions.
Chinese shares closed lower Monday with the benchmark Shanghai Composite Index down 7.28 points, or 0.24 percent, to 3,022.75.
Asian currencies strengthened for a third week, the longest run of gains since October, as overseas investors added to holdings of regional assets to benefit from the world's fastest economic growth.
Asian stocks gained for a third week as takeovers and the improving United States economy bolstered optimism that the global recovery can be sustained. Stocks also rose as Japan pledged support for businesses hit by the March 11 earthquake and made progress stabilizing a nuclear power plant.
Bank of Beijing Co Ltd said on Monday that it has agreed with ING Insurance to lift capital investment in a Chinese joint venture by 600 million yuan ($91.81 million).
