BOC to launch private banking services

2007-03-21 14:47:36

Bank of China (BOC) said yesterday that it would launch private banking services in cooperation with the Royal Bank of Scotland.

Senior official plays down fear of bubble in stock market

2007-03-21 11:15:04

A senior official has played down fears that bubbles are forming in China's stock market, insisting the market's development is "healthy".

Vanke to sell shares

2007-03-21 10:57:22

China Vanke Co, the nation's largest publicly traded developer, plans to sell shares to fund 31 billion yuan worth of residential projects.

Bear-Eagle fund to swoop on Chinese retailers

2007-03-21 10:45:42

Bear Stearns Companies Inc, a leading Wall Street investment bank, joined forces with Huang Guangyu to set up a $500 million buyout fund targeted at booming Chinese retailers.

Shanghai stock index closes at record high

2007-03-21 15:18:56

The benchmark Shanghai Composite Index added 0.83 percent to close at a new record of 3057.38 on Wednesday.

China to form solid, open capital market

2007-03-21 09:08:05

China's capital market will be one of the largest, most open and solid in the world by 2020, said an official from the securities regulator.

Hongyuan entitled first-tier securities firm

2007-03-20 16:48:34

The Securities Association of China (SAC) announced that Hongyuan Securities has received approval to enter the first-tier list of securities firms in China.

Nation to loosen limits on individual financial investment overseas

2007-03-20 13:54:30

The Chinese government will loosen limits on individual investment abroad this year, according to Li Dongrong, vice director of the State Administration of Foreign Exchange.