PBOC drains 175b yuan in market operations

2008-03-11 21:00:51

The People's Bank of China (PBOC) on Tuesday drained 175 billion yuan from the interbank market through central bank bill issues and repurchase transactions.

CPI leaps to 8.7% in February, 11-year high

2008-03-11 11:33:15

Inflation in February rose 8.7 percent year on year, the fastest monthly rise in more than a decade, said China's National Bureau of Statistics.

Securities official calls for emergency mechanism

2008-03-10 14:36:42

The Chinese stock market needs an emergency mechanism instead of temporary measures to keep its major indices from continuous slumps, a senior securities official said on Sunday.

Wu: More hot money to flow into China

2008-03-10 13:49:48

Hot money will keep flowing into China due to the country's rosy economic outlook and its appreciating currency, and not just because of its stock market, said Wu Xiaoling.

China Eastern on-time performance ranks on top

2008-03-10 09:23:43

China Eastern Airlines ranked first last year in on-time performance among the three domestic airline giants, the General Administration of Civil Aviation (CAAC) said on Sunday.

HK direct stock investment trial 'on track'

2008-03-10 06:50:43

Tianjin's mayor assured investors yesterday that the city's pilot program, allowing mainlanders to invest in Hong Kong-listed shares, is on track.

China Railway shares open trade in Shanghai Monday

2008-03-10 09:41:34

Shares in China Railway Construction Corp (CRCC), the country's leading railway builder, began trading in Shanghai on Monday.

Regulator gives nod to 5th batch of stock funds

2008-03-08 13:37:49

The securities regulator had just given the nod to the fifth batch of stock funds, according to Saturday's China Securities Journal.

Shares drop on regional market declines

2008-03-07 16:16:23

Chinese shares dropped 1.39 percent on Friday, in respond to sharp declines among regional markets amid further turmoil in the US credit markets.

Exposure to subprime debt limited: Zhou

2008-03-07 08:54:18

The impact of the US subprime crisis on Chinese banks will be limited and their bottom line will not be significantly affected, the central bank governor said yesterday.

Shang: Right time to launch second board market

2008-03-07 09:36:58

The long-awaited second board market is likely to be launched within two months - and for capital-hungry start-ups and high-growth firms, it can't come sooner.