Shanghai outperforms sagging overseas markets

Shanghai shares rose yesterday, with the main index setting a fresh seven-week closing high in heavy trade, as the market continued to outperform tumbling foreign markets.

Insurer plans to extend coverage

Skandia-BSAM has been one of China's fastest growing insurers in recent years, fueled by the bullish stock market.

Biz Scene

MARKET

Business Roundup

Business Indepth

Shares end at a 6-week high as turnover soars

China's main stock index rose to a six-week closing high yesterday and turnover expanded to levels last seen near the market's peak, as second-tier industrial shares soared while financials stayed weak.

Survey reveals bullish outlook for this year

The government should do more to lure initial public offerings (IPOs) from other international markets, according to a recent business sentiment survey.

Biz Scene

Market

Business Indepth

Olympics-related shares push up Shanghai index

Olympics-concept stocks soared, pushing the Shanghai Composite Index up 0.21 percent yesterday when trading resumed after a four-day New Year break.

Analysts upbeat on stocks this year

Although the stock market rally in the past year seems to have lost much of its steam, analysts remain confident of the upward trend, albeit at a much more moderate curve.

Biz Scene

Market