Shares end 1.19% lower on high PPI rise rate
2008-05-09 16:53:32
Chinese shares fell 1.19 percent on Friday, as the country's PPI for industrial products rose 8.1 percent in April over the same month last year, putting more pressure on the inflation rate.
Ping An will not issue A shares for six months
2008-05-09 10:07:32
Ping An Insurance (Group) Co of China said it will not file an application to issue new A-shares in the next six months.
Talk of telecom restructuring buoys Chinese shares
2008-05-08 17:28:30
Stock rose 2.17 percent on Thursday after falling for two consecutive days, as telecom stocks gained on hopes for a speedier restructuring of the sector.
Regulator probes into Hongda share sales
2008-05-08 14:30:23
The securities regulator said it is investigating two shareholders of Sichuan Hongda over their sale of stock coming coming out of a holding period.
Morgan Stanley approved to buy fund stake
2008-05-08 14:23:47
The securities regulator has approved Morgan Stanley International Holdings Inc's plan to buy 40 percent of Shenzhen's Jutian Fund Management, becoming its largest shareholder.
Shanghai oil futures hit all-time high
2008-05-08 09:05:19
Shanghai fuel oil futures yesterday shot to an all-time high since trading began in 2004, following the surge of international crude oil price that hit a record high of $122 per barrel on Tuesday.
US firms eyeing Shanghai
2008-05-07 10:09:43
An increasing number of US firms want to list in Shanghai and are working on the feasibility of doing so, NYSE Euronext Inc CEO Duncan Niederauer said.
Listed firms' incentive rules tightened
2008-05-07 09:35:36
China's securities regulator has issued rules on listed firms' incentive plans in an effort to prevent managers from making improper gains arising from favorable timing.
PetroChina sets sights on 45% market share
2008-05-07 09:08:40
PetroChina, the nation's biggest oil producer, plans to increase its share of the domestic oil refining market to 45 percent by 2020 as demand for fuels and chemicals rises.
Securities firms get fat profits
2008-05-06 14:42:59
Net profits for China's securities firms increased almost four-fold to hit 137.65 billion yuan in 2007, according to statistics from Securities Association of China.
Copper falls in Shanghai on weak demand
2008-05-05 08:52:37
Copper futures fell in Shanghai on the first trading day after a national holiday on signs Chinese buyers are holding back amid ample local supplies and high world prices.
Positive signals boost market
2008-05-05 10:21:00
The mainland stock market rose 1.84 percent yesterday after the four-day labor holiday break, boosted by positive signals from the government to support the market.