ABC opens London subsidary

2012-02-10 14:45:48

The Agricultural Bank of China Ltd (ABC), a major State-owned commercial lender ranked among the "Big Four" in China, announced on Friday it has launched an overseas subsidiary in London.

Mainland stocks hit highest in two months

2012-02-10 13:49:57

China's stocks advanced, driving the benchmark index to a two-month high, as a cash crunch eased and investors bought shares of companies whose earnings benefit from rising prices.

China's yuan rises to new high against USD

2012-02-10 13:46:01

The Chinese currency Renminbi, or the yuan, rose to a new high against the US dollar on Friday.

ChiNext Index closes up -- February 9

2012-02-09 17:29:05

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 5.49 points, or 0.79 percent, to close at 697.79 points on Thursday.

TPG raises 4b-yuan fund in Chongqing

2012-02-09 17:26:37

TPG, a leading global private investment firm, has raised 4 billion yuan ($640 million) for a yuan-denominated private fund established in southwest China's Chongqing municipality last August, the local government reported Thursday.

Hong Kong stocks close flat

2012-02-09 17:19:27

Hong Kong stocks lost 8.45 points, or 0.03 percent, at 21,010.01 on Thursday.

China stock index futures close mixed - Feb 9

2012-02-09 17:10:32

China's stock index futures closed mixed on Thursday, with the contract for February, the most actively traded, dropping 0.31 percent to close at 2,532.2 points.

Chinese stocks moderately higher on inflation data

2012-02-09 15:58:08

China's stocks ended slightly higher on Thursday after official data showed a rebound in consumer price growth in January.

UnionPay extends online payment to Taiwan

2012-02-09 11:14:46

Holders of China UnionPay (CUP) bank cards will be able to use their cards in online stores in Taiwan following an agreement reached between CUP and Taiwanese authorities.

China floats 28b yuan of book-entry T-bonds

2012-02-09 11:13:34

The Ministry of Finance announced Wednesday to sell 28 billion yuan ($4.44 billion) worth of book-entry treasury bonds.

Equities up most in 3 weeks as inflation outlook slows

2012-02-09 10:51:10

China's stocks rallied the most in three weeks on speculation that slowing inflation will provide more leeway for the central bank to ease monetary policy.

Hedging to raise futures volume this year

2012-02-09 10:47:15

China's futures market will recover this year, after a plunge in trading volume last year dragged many brokers into the red, analysts said.