 |
|
|
 |
|
China's stock index futures closed higher on Thursday, with the contract for November, the most actively traded, up 0.47 percent from the previous trading day to 2,675.8 points.
China's stocks rose for the fourth consecutive day on Thursday, with the benchmark Shanghai Composite Index up 0.34 percent, or 8.13 points, to close at 2,435.61.
China's leading automaker SAIC Motor said Thursday its net profits jumped 38.69 percent year-on-year to $2.1 billion in the first three quarters of the year, boosted by strong sales.
Ping An Insurance (Group) Co, China's second-largest insurer, said Thursday its profit rose 13.8 percent year-on-year to reach 14.52 billion yuan ($2.28 billion) for the first three quarters of 2011.
Bank of China said Wednesday its net profits totaled 96.30 billion yuan ($15.17 billion) in the first three quarters of this year, showing a 21.52 percent year-on-year rise.
The Agricultural Bank of China, one of China's biggest state-owned banks, said Wednesday that its net profits for the first three quarters of this year jumped 43.59 percent year-on-year to $15.88 billion.
Stocks on the Chinese mainland rose for a third day after Premier Wen Jiabao said the government will fine-tune its economic policies as needed, boosting speculation the central bank may halt interest-rate increases.
Bank of China Ltd (BOC) is overtaking HSBC Holdings PLC to become the top underwriter of yuan bonds in Hong Kong this month after Vice Premier Li Keqiang allowed domestic companies to tap the city's lower borrowing costs.
China's stock index futures closed higher on Wednesday, with the contract for November, the most actively traded, up 1.32 percent from the previous trading day to 2,662.8 points.
Hong Kong stocks rose 0.52 percent or 98.34 points, to close at 19,066.54 on Wednesday.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 13.28 points, or 1.66 percent, to close at 811.13 on Wednesday.
Chinese shares gained on Wednesday for the third day in a row, after Premier Wen Jiabao said on Tuesday that China will properly control the intensity, pace and focus of its macroeconomic regulation.
