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BOC unaffected by US$21m loan scandal

2007-05-15 14:13:27

Bank of China (BOC) has not been affected by the 160 million yuan (US$20.9 million) loan scandal surrounding its Shenyang branch.

Tianjin TEDA boosts stake in trust firm

2007-05-15 10:20:22

Tianjin TEDA Co said yesterday it has signed an agreement to boost its stake in the city's sole trust company to become its largest shareholder.

How to avoid financial crisis a la Thailand 1997

2007-05-15 09:34:38

With China's hot economy and even hotter stock market, it's a bit of a chill to remember that we're approaching the 10th anniversary of the Asian financial crisis.

Heavy fines needed to regulate market

2007-05-15 09:15:12

The China Securities Regulatory Commission recently punished a publicly traded company to give credence to its latest effort to regulate the market.

Market mania needs cooling down

2007-05-15 09:09:04

The latest financial figures for April put increased pressure on policymakers to tackle the stock market mania.

China Eastern Airlines looks for investors

2007-05-15 08:50:31

China Eastern Airlines Corp, the nation's third-largest carrier, said it is seeking strategic investors, possibly including Singapore Airlines Ltd.

QDII news pushes up HK stocks

2007-05-15 08:40:13

Shares on the Hong Kong exchange surged 2.5 percent yesterday to close at 20,979, after the mainland announced on Friday it would allow qualified domestic institutional investors (QDII) to invest in overseas stocks.

Maotai shares re-open for trading

2007-05-14 14:48:36

Trading of Maotai's shares on the Shanghai Stock Exchange resumed on Monday, with still no clear explanation of why they were suspended in the first place.

Hangxiao Steel, Chairman fined for disclosure breach

2007-05-14 13:49:38

Zhejiang Hangxiao Steel Structure Co was fined for failing to disclose contracts worth more than 10 times the company's market value that sent the stock price soaring to a record. [newsphoto]

Stock index bounces back

2007-05-14 16:28:14

Mainland stocks bounced back today after last Friday's dive. The Shanghai Composite Index closed at 4,046.39, up 0.61 percent.

Illegal trades decrease at futures exchange

2007-05-14 13:54:11

The Shanghai Futures Exchange said the number of illegal trading practices it found in 2006 dropped by more than half from a year earlier.

Commercial banks to invest in foreign stocks

2007-05-14 08:33:32

Commercial banks will soon be able to invest in overseas stocks with funds managed on behalf of their clients.

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