Bourse limits trading suspensions to 30 days for restructuring

2008-05-21 17:20:03

A stock trading suspension can last no longer than 30 days before a public firm announces a major asset restructuring plan, according to a memorandum by the Shanghai Stock Exchange.

Shares bounce 2.93%, led by heavy weights

2008-05-21 17:14:03

Major stock index in the mainland rebounded 2.93% to close at 3,544 points on Wednesday, led by heavyweights of Sinopec and PetroChina.

Dongfang Electric wins 1.24b yuan turbine contract

2008-05-21 15:22:32

Dongfang Electric said its unit Dongfang Turbine Co Ltd has won a 1.24 billion yuan contract to provide 134 wind power units to China Energy Conservation Investment Corp.

Securities governor calls for more quake relief

2008-05-20 15:10:29

China's securities regulators have called upon the industry to do more to minimize the impact of last week's earthquake and to maintain normal market operations.

CNPC estimates direct losses of 1.78b yuan from quake

2008-05-20 13:38:46

China National Petroleum Corp (CNPC)said Monday it has suffered about 1.78 billion yuan ($254.9 million) of direct economic losses from the Sichuan earthquake.

Quake adds $860m to Agricultural Bank's NPLs

2008-05-20 09:52:30

Quake in Sichuan Province would probably leave the Agricultural Bank of China with more than 6 billion yuan ($860 million) in non-performing loans (NPLs).

Market joins in quake mourning

2008-05-20 09:31:53

The stock market, along with the futures markets in the mainland, yesterday joined the nation in the three-minute silence to mourn the earthquake victims.

Shares dive 4.48%, dragged down by heavy weights

2008-05-20 15:57:25

Chinese shares dived 4.48 percent on Tuesday, dragged down by heavy weights.The benchmark Shanghai Composite Index closed at 3,443.16 points, plumped 161.60 points.

A measure of stability for stock market

2008-05-19 11:17:30

A strong earthquake and higher inflation failed to rock stocks last week, indicating that investor confidence has returned, analysts said.

Stock regulator to scrutinize brokers

2008-05-18 11:12:02

China's stock regulator is telling brokers to seek its opinions over operations and risk controls before filing applications for initial public offerings in a bid to shore up its corporate governance.

Bourses to cease trading temporarily for mourning

2008-05-19 09:34:57

China's securities and futures exchange markets will suspend trading temporarily on Monday afternoon in token of respect for the victims in the May 12 earthquake.