BOC unaffected by US$21m loan scandal
2007-05-15 14:13:27
Bank of China (BOC) has not been affected by the 160 million yuan (US$20.9 million) loan scandal surrounding its Shenyang branch.
Tianjin TEDA boosts stake in trust firm
2007-05-15 10:20:22
Tianjin TEDA Co said yesterday it has signed an agreement to boost its stake in the city's sole trust company to become its largest shareholder.
How to avoid financial crisis a la Thailand 1997
2007-05-15 09:34:38
With China's hot economy and even hotter stock market, it's a bit of a chill to remember that we're approaching the 10th anniversary of the Asian financial crisis.
Heavy fines needed to regulate market
2007-05-15 09:15:12
The China Securities Regulatory Commission recently punished a publicly traded company to give credence to its latest effort to regulate the market.
Market mania needs cooling down
2007-05-15 09:09:04
The latest financial figures for April put increased pressure on policymakers to tackle the stock market mania.
China Eastern Airlines looks for investors
2007-05-15 08:50:31
China Eastern Airlines Corp, the nation's third-largest carrier, said it is seeking strategic investors, possibly including Singapore Airlines Ltd.
QDII news pushes up HK stocks
2007-05-15 08:40:13
Shares on the Hong Kong exchange surged 2.5 percent yesterday to close at 20,979, after the mainland announced on Friday it would allow qualified domestic institutional investors (QDII) to invest in overseas stocks.
Maotai shares re-open for trading
2007-05-14 14:48:36
Trading of Maotai's shares on the Shanghai Stock Exchange resumed on Monday, with still no clear explanation of why they were suspended in the first place.
Hangxiao Steel, Chairman fined for disclosure breach
2007-05-14 13:49:38
Zhejiang Hangxiao Steel Structure Co was fined for failing to disclose contracts worth more than 10 times the company's market value that sent the stock price soaring to a record. [newsphoto]
Stock index bounces back
2007-05-14 16:28:14
Mainland stocks bounced back today after last Friday's dive. The Shanghai Composite Index closed at 4,046.39, up 0.61 percent.
Illegal trades decrease at futures exchange
2007-05-14 13:54:11
The Shanghai Futures Exchange said the number of illegal trading practices it found in 2006 dropped by more than half from a year earlier.
Commercial banks to invest in foreign stocks
2007-05-14 08:33:32
Commercial banks will soon be able to invest in overseas stocks with funds managed on behalf of their clients.