China's insurers, among the world's most valuable after reaping record gains from a stock rally, fell by the 10 percent daily trading limit yesterday as the benchmark Shanghai Composite Index plunged 7.19 percent to a nearly six-month low.
The nation's private sector is evolving fast and playing an increasingly bigger role in the economy.
This week's two-day plunge on the mainland stock market rudely awakened investors to the fact that share prices can go up as well as down. As uncertainties continue, investors are asking where is the much-promised index futures market.
You wouldn't know Nobuyuki Idei is 70 years old if you followed him around for a day.
China's securities regulator has approved three new domestic equity funds to raise over $2 billion, people close to the situation said yesterday, in a move likely to be seen as a boost to battered stock markets.
This year could be a pivotal one for China's large commercial aircraft manufacturers.
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Raymond Zhou
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Chen Weihua
