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China to sell 30b yuan of book-entry T-bonds

2011-03-17 11:10:24

China's Ministry of Finance (MOF) said Wednesday it will sell 30 billion yuan ($4.5 billion) worth of book-entry treasury bonds this week.

Mainland stocks buck downswing

2011-03-17 10:04:30

Stocks on the Chinese mainland rebounded on Wednesday from a three-week low after an indicator of the nation's economic outlook advanced and investors speculated that recent declines spurred by Japan's biggest earthquake on record were excessive.

China's banking regulator lauds achievements as banks' NPLs drop

2011-03-17 09:28:32

Chinese commercial banks' balance and ratio of non-performing loans (NPLs) fell remarkably under the industry's risk control drive, the banking regulator said Wednesday.

China stocks close higher Wednesday

2011-03-16 16:09:25

Chinese shares closed higher Wednesday with the benchmark Shanghai Composite Index up 34.54 points, or 1.19 percent, to 2,930.8.

Nasdaq base 'boost for tech firms'

2011-03-16 14:18:01

Nasdaq's new workstation in Haidian district is likely to prove a real boon for companies in Zhongguancun, economists in Beijing said on Tuesday.

Number of HK's credit cards hits 15.5m

2011-03-16 14:07:09

The number of credit cards in circulation in Hong Kong grew to 15.5 million at the end of the fourth quarter of 2010, up 1.6 percent quarter-to-quarter and 6.6 percent year-on-year, the city's Monetary Authority said on Tuesday. 

Hubei Changjiang plans backdoor listing

2011-03-16 11:27:48

Hubei Changjiang Publishing Group announced on Tuesday that it will go through a backdoor listing onto the Shanghai Stock Exchange, amid a growing trend for Chinese press and publishing companies to branch into the equity market.

Macao's forex reserves reach $24.44b in February

2011-03-16 11:14:11

The preliminary estimate of the Macao Special Administrative Region's foreign exchange reserves amounted to 196.2 billion patacas ($24.44 billion) at the end of February 2011, according to the figures released by the Monetary Authority of Macao Tuesday.

Deloitte cuts China MediaExpress

2011-03-16 11:06:40

China MediaExpress Holdings Inc, the provider of advertising on buses in China whose stock has been halted since Friday after losing 48 percent in six weeks, said that Chief Financial Officer Jacky Lam and auditor Deloitte Touche Tohmatsu resigned.

China to regulate individual forex settlement through e-banking

2011-03-16 10:46:43

China will implement interim provisions to regulate individual forex settlement via e-banking since April 1 this year, said a statement Tuesday.

Fuel and power companies lead market decline

2011-03-16 10:32:28

Stocks on the Chinese mainland fell on Tuesday, driving the benchmark index to its lowest in more than two weeks.

Qihoo 360 plans for US IPO

2011-03-16 10:23:03

In another example of a Chinese IT company taking a stab at an overseas listing, the Chinese security software provider Qihoo 360 Technology Co plans to raise up to $200 million through an initial public offering (IPO) in the United States.