CITIC bank more than doubles net asset value in Q3

2007-10-30 13:53:45

CITIC Bank, the seventh largest commercial bank in China, garnered a net profit of 2.04 billion yuan in the third quarter of this year.

OTC derivatives tradings soar in first nine months

2007-10-30 11:24:36

China's emerging market of over-the-counter derivatives witnessed a surging trading volume in the first nine months of 2007, according to data from the central bank.

Shanghai index jumps 2.83% on Monday

2007-10-30 09:00:48

The stock market in Shanghai jumped 2.83 percent Monday as institutional investors turned to large-cap stocks to prepare for the launch of stock index futures.

Securities companies buy into futures brokers

2007-10-29 15:22:39

Half of China's futures brokers have fallen under the control of securities companies, as the country's financial institutions pave way for the introduction of the stock index futures.

Banks, insurers eye planned high-speed railway

2007-10-29 09:45:41

Several Chinese banks and insurance companies are mulling bid for investment in a high-speed railway linking Beijing and Shanghai.

Huawei donates US$130,000 equipment to Rwanda

2007-10-29 16:09:43

Huawei, a leading Chinese supplier of telecom network, has donated telecom equipment valued at US$130,000 to the Rwandan government.

Education gets VC injection

2007-10-29 10:41:33

Commercial schools in China are now a hot spot for venture capital investment firms.

China's stock index futures ready to take off: Shang

2007-10-28 10:02:27

China has basically completed system and technical preparations for the launch of its first stock index futures.

CCB posts 57b yuan net profit in first 9 months

2007-10-28 09:20:06

China Construction Bank has posted a net profit of 57 billion yuan (US$7.6 billion) in the first nine months of this year.

Shenhua added to Hang Seng China AH Index Series

2007-10-28 09:09:28

China Shenhua, the nation's largest coal producer, has been added to the Hang Seng China AH Index Series.

VeriSilicon seeking US listing

2007-10-27 11:08:48

Shen Guojun (first from right), president of property developer China Yintai Holdings Ltd, and Chan Yue-kwong (second from right), chairman of Hong Kong-based restaurant chain Cafe de Coral Holdings Ltd, at a press conference in Beijing on Friday. [China Daily]