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Baosteel signs mine deal

2007-08-29 09:07:00

Baosteel Trading Co Ltd yesterday signed an agreement with an Australian company to jointly explore a mine in Western Australia.

Stocks finish mixed with higher volatility

2007-08-28 16:29:16

The stock market experienced higher volatility amid violent fluctuations today after the main index kept rising robustly for six straight days.

Singapore Airlines gets nod to invest in China Eastern

2007-08-28 14:34:50

Chinese regulators have approved Singapore Airlines to buy stake of China Eastern and the final deal is due to be made public on Sunday.

Yuan hits new high against US dollar

2007-08-28 13:57:49

The central parity rate of the yuan stood at 7.5545 yuan to one US dollar on Tuesday, gaining 84 basis points from Monday's reference rate of 7.5629 to the greenback.

FDI in China totals over $750b

2007-08-28 13:16:46

China's actual use of foreign direct investment had exceeded US$750 billion by the end of June this year since 1978, according to a senior commerce official.

Bank of Beijing approved for IPO in Shanghai

2007-08-28 10:38:29

China's securities regulator said on Monday it has approved the initial public offering application from the Bank of Beijing.

NDRC nod expected for PE fund

2007-08-28 07:38:37

The establishment of a China-Singapore private equity fund is close to getting the go-ahead from the country's top economic planner.

Share prices rise for 6th straight trading day

2007-08-27 17:47:55

Chinese share prices kept rising on Monday with the Shanghai Composite Index up 0.83 percent to close at a record 5,150 points.

CSRC unveils credit rating management rules

2007-08-27 15:04:04

The securities watchdog yesterday issued the provisional measures on managing enterprise credit ratings in the securities market.

Sinopec's net profits up 65.3% in first half

2007-08-27 11:04:43

China Petroleum and Chemical Corporation announced Sunday that its first-half net profits in 2007 rose by 65.3 percent year-on-year to 34.9 billion yuan.

China Construction Bank to issue A shares

2007-08-25 17:01:06

Shareholders of China Construction Bank (CCB), one of China's four largest State-owned commercial banks, approved a plan for the bank's domestic listing.

First futures license issued

2007-08-25 10:26:35

Securities watchdog has issued a license to the first commodities futures trading company qualified to apply to become a member of the China Financial Futures Exchange.

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