Economic stability boosts CIC

2010-01-14 07:57:02

China Investment Corporation (CIC), the nation's $300 billion sovereign wealth fund, may gain more than 10 percent from its investments last year on the back of the global financial market and economic stability, a source close to the fund said.

Index futures on deck for foreign investors

2010-01-14 07:57:02

Foreign investors will be able to trade China's new stock index futures within two or three years, according to Leo Melamed, chairman emeritus of CME Group Inc, the world's biggest futures exchange.

Financial companies lead fall in equities

2010-01-14 07:57:02

China's stocks declined the most in seven weeks, led by financial companies and commodity producers, after an unexpected shift by the central bank to restrain lending spurred concern that higher interest rates will follow.

Metals down after banking surprise

2010-01-14 07:57:02

Copper and other metals cut initial losses yesterday after China surprised markets by raising bank reserve requirements and investors assessed whether current demand forecasts were priced in.

Hong Kong stocks close 2.59% lower on Wednesday

2010-01-13 17:26:14

Hong Kong stocks shed 578.04 points, or 2.59 percent, to close at 21,748.60 on Wednesday after China's central bank raised bank reserve ratio after the market close on Tuesday.

Hong Kong stocks close 2.59% lower -- January 13

2010-01-13 17:14:19

Hong Kong stocks shed 578.04 points, or 2.59 percent, to close at 21,748.60 on Wednesday after China's central bank raised bank reserve ratio after the market close on Tuesday.

ChiNext stock market up -- January 13

2010-01-13 16:54:02

The ChiNext Index closed up on Wednesday as 22 out of the total 42 stocks rose at China's start-up board for small and medium-sized enterprises.

Chinese shares tumble 3% on higher reserve ratio

2010-01-13 16:53:47

Chinese equities fell the most in seven weeks on Wednesday after China's central bank asked lenders to set aside more reserves as the record bank credit last year ignited fears of inflation and asset bubbles.

Earnings revision to support equities market: JPMorgan

2010-01-13 16:00:48

A fresh infusion of liquidity and earnings revisions should support China's equities market in early 2010, said Jing Ulrich, Hong Kong-based chairwoman of China equities and commodities at JPMorgan.

Chinese shares open lower after PBOC says to raise reserve ratio

2010-01-13 10:36:16

Chinese shares tumbled at the opening Wednesday after the country's central bank announced late Tuesday it would raise the deposit reserve requirement ratio.

Margin requirements for index futures to be hiked

2010-01-13 08:09:35

Margin requirements for stock index futures may be hiked to 12 percent from 10 percent to control trading risks, a source close to the China Securities Regulatory Commission (CSRC) said yesterday.

Index futures may trigger falls in small equities, says CICC

2010-01-13 08:09:35

China's smallest stocks are poised to fall as the government's approval of index futures prompt investors to switch to larger equities that are half as expensive, according to China International Capital Corp (CICC).