Citi OKed to launch credit cards in China

2012-02-06 18:03:14

Citibank (China) Co Ltd (Citi) has received approval from the China Banking Regulatory Commission to launch the credit card business in China, the company announced on Monday.

Specialized agency to be set up to manage pension fund

2012-02-06 17:54:15

The State counicl, or China's Cabinet, is considering to set up a new body to manage the investment of the basic pension fund, Jinan Daily reported Monday.

China stock index futures close lower -- Feb 6

2012-02-06 17:28:02

China's stock index futures closed lower on Monday, with the contract for February, the most actively traded, falling 0.48 percent to close at 2,504.4 points.

ChiNext Index ends 0.95% higher -- Feb 6

2012-02-06 17:27:42

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose 6.46 points, or 0.95 percent, to close at 686.51 points on Monday.

Chinese shares end slightly higher Monday

2012-02-06 15:53:28

Chinese stocks wavered within narrow ranges half an hour before closing the afternoon session in the positive territory on Monday.

'Pickle bank' boosts pickle industry

2012-02-06 13:44:36

Small pickle producers in China's largest pickle producing province are benefiting from what they call a "pickle bank," which offers pickle companies a lifeline: collateral-free credit.

Banks to cut dividend ratios

2012-02-06 10:55:47

Central Huijin Investment Ltd, the shareholder of China's biggest State-owned banks, said the lenders will lower their dividend payouts to shore up capital, Bloomberg reported.

Banks urged to better serve real economy

2012-02-04 14:04:43

Chinese leaders on Friday urged banks to improve financial services for the country's real economy, especially agriculture and small firms.

Hong Kong stocks close flat

2012-02-03 16:59:39

Hong Kong stocks rose 17.53 points, or 0.08 percent, to close at 20,756.98 on Friday.

China stock index futures close higher - Feb 3

2012-02-03 16:28:07

China's stock index futures closed higher Friday, with the contract for February, the most actively traded, up 1.01 percent from the previous trading day to 2,509 points.

ChiNext Index closes up - Feb 3

2012-02-03 16:26:26

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 2.2 percent, or 14.64 points, to close at 680.04 points on Friday.

Chinese shares edge higher Friday

2012-02-03 16:25:29

Chinese stocks ended higher Friday, with the benchmark Shanghai Composite Index up 0.77 percent, or 17.85 points, to close at 2,330.41.