CITIC Bank goes public on Shanghai exchange

2007-04-27 10:05:19

Shares in China CITIC Bank soared 58.79 percent above their initial public offering (IPO) price when they debuted on the Shanghai stock market on Friday.

Merchants Bank net profit up in 1st quarter

2007-04-27 15:25:44

China Merchants Bank Co Ltd said its first quarter net profit grew to 2.46 billion yuan (US$318 million) from 1.43 billion yuan a year earlier.

China may issue 1st financial futures licenses in a month

2007-04-27 14:53:27

China's securities regulator is likely to issue the first licenses to trade index-based futures within the next month.

BoCom sets Shanghai IPO price at 7.90 yuan per share

2007-04-27 14:48:14

Bank of Communications (BoCom) said it has set the price for its initial public offering (IPO) in Shanghai at 7.90 yuan (US$1.02) per share.

Shenzhen Development Bank net profit surges 129% in 1st quarter

2007-04-27 13:52:30

Shenzhen Development Bank said its net profit for the first quarter to March rose 129 percent year-on-year to 535 million yuan.

Monetary chief eyes QDII expansion to cement HK's status

2007-04-27 13:36:07

The proposed expansion in the investment scope for mainland banks engaging in wealth management will help the country facilitate its capital outflow.

CIMC profit up in 1st quarter

2007-04-27 09:16:04

China International Marine Containers (Group) Co said net profit for the first quarter jumped 11.81 percent from a year earlier.

China Sunergy plans US listing

2007-04-27 09:30:28

China Sunergy Co Ltd, a solar cell products maker, said it was planning an initial public offering of as much as $100 million in American depositary shares.