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Business / Finance

Chinese stocks close mixed Thursday

[2014-02-27 15:49]

Chinese shares closed mixed on Thursday with the benchmark Shanghai Composite Index up 0.3 percent, or 6.1 points, to finish at 2,047.35.

China yuan weakens to 6.1224 against USD Thursday

[2014-02-27 10:10]

The Chinese currency renminbi, or the yuan, weakened 32 basis points to 6.1224 against the US dollar on Thursday.

Chinese stocks close flat Wednesday

[2014-02-26 16:23]

Chinese shares closed little changed on Wednesday after choppy trading with the benchmark Shanghai Composite Index up 0.35 percent, or 7.03 points, to finish at 2,041.25.

HK's yuan deposits exceed 1t

[2014-02-26 14:50]

Yuan deposits and outstanding yuan certificates of deposits totaled more than 1 trillion yuan ($163 billion) at the end of last year in Hong Kong.

Over 40 percent dissatisfied with China's pensions

[2014-02-22 20:52]

China's current pension systems differ substantially between government, institutions and enterprises and 41.3 percent of netizens are dissatisfied by this condition.

China yuan weakens to 6.1192 against USD Wednesday

[2014-02-26 10:55]

The Chinese currency renminbi, or the yuan, weakened 8 basis points to 6.1192 against the US dollar on Wednesday.

Chinese banks record monthly foreign capital inflow

[2014-02-26 09:37]

China may continue to receive large net capital inflow in 2014, the SAFE said in a report released on Tuesday.

China's CSI300 index in biggest loss in 7 months

[2014-02-25 15:47]

China's CSI300 share index suffered its largest one-day loss in seven months, as prices dropped sharply in the afternoon on renewed credit worries and a sharp drop in the yuan.

China stocks plunge on Tuesday

[2014-02-25 15:26]

Chinese shares continue to plunge on Tuesday with the benchmark Shanghai Composite Index down 2.05 percent, or 42.47 points, to finish at 2,034.22.

China stocks tumble after weak opening

[2014-02-24 13:36]

Chinese shares plunged following a weak opening on Monday as real estate stocks led the fall and the Chinese currency dipped for a fifth trading day against the US dollar.

China stocks slump on Friday

[2014-02-21 16:07]

Chinese shares closed lower on Friday with the benchmark Shanghai Composite Index down 1.17 percent, or 25.09 points, to finish at 2,113.69.

Guangdong province registers most social financing

[2014-02-21 10:56]

China's central bank on Thursday published regional social financing data for 2013, with Guangdong province ranking first, followed by Beijing and Jiangsu province.

HSBC China's preliminary PMI at seven-month low

[2014-02-20 16:10]

The HSBC/Markit China flash manufacturing PMI for February dipped to 48.3 from a final reading of 49.5 in January, showing manufacturing conditions deteriorating at a moderate pace.

China stocks close lower on Thursday

[2014-02-20 15:28]

Chinese shares closed lower on Thursday with the benchmark Shanghai Composite Index down 0.18 percent, or 3.77 points, to finish at 2,138.78.

A record year for foreign renminbi exchange

[2014-02-19 08:52]

In 2013, about 500 billion yuan entered overseas markets through trade or investment. It is estimated that the renminbi in overseas market may have exceeded 1.5 trillion yuan.

China stocks close higher on Wednesday

[2014-02-19 16:10]

Chinese shares closed higher on Wednesday with the benchmark Shanghai Composite Index up 1.11 percent, or 23.49 points, to finish at 2,142.55.

China stocks close lower on Tuesday

[2014-02-18 16:01]

Chinese shares closed lower on Tuesday with the benchmark Shanghai Composite Index down 0.77 percent, or 16.35 points, to finish at 2,119.07.

Chinese issuers push debt capital market to record level

[2014-02-18 08:56]

Chinese debt issuers pushed the global real estate debt capital market to a record level, statistics from financial service platform Dealogic showed on Monday.

Chinese bank card use surges: report

[2014-02-17 17:02]

Banks and financial institutions in China issued about 4.2 billion bank cards in 2013, up 19.23 percent from a year earlier.

China's new loans reach 1.32 trillion yuan

[2014-02-17 08:56]

China's new yuan-denominated lending reached 1.32 trillion yuan ($216 billion) in January, up 246.9 billion yuan year on year, the central bank said on Saturday.

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