Bull run driven by banks

2007-03-30 08:45:08

Heavily weighted bank shares driven by speculation on the launch of stock index futures yesterday helped the mainland's stock market to end a fourth straight day in positive territory.

FAW Car said to buy assets from parent

2007-03-29 11:15:10

FAW Car Co Ltd suspended trading of its shares yesterday after a report said it would buy core assets from its parent FAW Group.

Xugong Science turns around with a profit due to cost cuts

2007-03-29 14:41:10

Xugong Science & Technology Co yesterday posted a 2006 net profit of nearly 10 million yuan from cost reduction.

Yangzijiang Shipbuilding to issue shares in Singapore

2007-03-29 13:38:08

Yangzijiang Shipbuilding (Holdings) Ltd and existing shareholders may raise as much as S$943.5 million ($622 million) in a Singapore initial public offering.

More Chinese invest in equity markets: survey

2007-03-29 13:31:20

More Chinese would like to invest in the stock market and funds, a survey by the People's Bank of China, the central bank, has shown.

SAFE warns of online fund fraud

2007-03-29 13:27:12

China's forex watchdog has alerted investors to the growing number of online scams involving foreign funds.

Stocks falls from record

2007-03-29 16:03:51

Chinese shares fell from a record high on concern that recent gains have more than reflected prospects for earnings growth.

BOC starts exclusive service

2007-03-29 09:13:10

Bank of China (BOC) opened a private banking service in Beijing and Shanghai yesterday, the first local bank to target the super rich in China.

Shougang to axe 21% of workers

2007-03-29 08:51:34

Shougang Corp, China's ninth-biggest steel mill, plans to cut its workforce by 21 percent by the end of this decade as it moves production out of Beijing.