SHANGHAI Electric Group Co, China's biggest maker of power equipment, will have its application to offer local-currency shares reviewed this week, the mainland's securities regulator said. The listing committee will meet tomorrow to vet the domestic ...
CHINA'S stocks, the worst performers among the world's biggest markets this year, are close to the level where investors should consider buying, Shenyin and Wanguo Securities Co said yesterday. The Shanghai Composite Index, which tracks shares on ...
LIVZON Pharmaceutical Group Inc, a Chinese drug maker, announced plans to buy back Hong Kong dollar-denominated shares, possibly establishing a method for Chinese companies to merge their hard-currency and yuan stocks. The company, based in Zhuhai, ...
HONG Kong's benchmark stock index rose the most in three weeks, led by banks, after HSBC Holdings Plc said first-quarter profit increased amid fewer provisions. Anhui Conch Cement Co and Angang Steel Co advanced on expectations China's strongest ...
CHINA'S A shares are a "sell" even after the government stepped in to support the world's fourth-biggest stock market, according to Morgan Stanley and Credit Suisse Group. Corporate earnings growth this year may disappoint, Morgan Stanley analysts ...
CHINA'S stocks may drop a further 21 percent after the Shanghai benchmark index slumped from its October record, Citigroup Inc said, citing the effect of lower share values on corporate profits. The central government will probably resist calls for ...
GD Midea Electric Appliances Co, China's largest publicly traded maker of household goods, bought a 24-percent stake in Wuxi Little Swan Co to become the washing-machine maker's biggest shareholder. Midea paid 1.68 billion yuan (US$235 million) for 8 ...
CHINA plans to better coordinate fiscal and monetary policies in 2008 to help reduce its trade surplus and mop up excessive liquidity, Vice Finance Minister Li Yong said yesterday. The nation's money supply grew at the slowest pace in seven months ...
CHINA'S securities regulator will encourage more companies to sell shares on domestic stock markets and increase the free float proportion for traded companies after the benchmark index surged 162 percent last year. The China Securities Regulatory ...
ASIAN stocks rose for the first time in four days, led by financial shares, after China Merchants Bank Co doubled its profit and Citic Securities Co said net income jumped more than fivefold. China Construction Bank Corp, the nation's second-largest ...
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