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| An outstanding China opportunity |
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Market Updates |
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| Members will be notified by email immediately of any Chinese industry
specific updates, either government or business, that potentially
affect either directly or indirectly, their business operations in China |
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Farm product futures rise |
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2007/10/25 14:19 (Beijing - China) |
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| Prices of agricultural produce futures in the domestic markets yesterday surged across the board on reports of a further increase in global food prices, fueled by expectations of increased consumption and the weakening US dollar. |
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Buffett 'cautious' in Chinese markets |
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2007/10/25 14:18 (Beijing - China) |
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| Billionaire Warren Buffett yesterday said investors should be "cautious" about China's stocks after the country's benchmark index more than doubled this year. |
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Stocks tumble after key economic data released |
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2007/10/25 14:17 (Beijing - China) |
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| Shanghai stocks tumbled in the morning session after the country released a string of economic indexes. |
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New law to promote energy conservation |
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2007/10/25 13:58 (Beijing - China) |
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| The draft amendment to the Law on Conserving Energy, tabled to lawmakers for the second reading on Wednesday, bears several revisions and changes in wording from the first reading in June this year. |
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Central bank sitting on the fence for another interest hike |
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2007/10/25 13:55 (Beijing - China) |
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| Yi Gang, assistant to the governor of the People's Bank of China, suggested the central bank still needs time to decide whether to raise the benchmark interest rate again this year. |
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Investment fair attracts 3,000 projects |
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2007/10/25 13:53 (Beijing - China) |
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| The China (Shenzhen) International Investment Fair (CSIIF) at the Shenzhen exhibition center has attracted 130 delegations from mainland provinces, the European Union and Southeast Asian countries. |
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PetroChina may raise record $8.9 bln from Shanghai listing |
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2007/10/25 13:52
(Beijing - China) |
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| PetroChina, the nation's largest oil producer, has set the price range of its A-share Initial Public Offering (IPO) at 15 to 16.7 yuan per share, the company announced on Wednesday. |
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China Merchants Bank approved to set up financial leasing company |
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2007/10/25 13:50 (Beijing - China) |
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| China Merchants Bank (CMB), labeled the best bank in China by finance magazine Euromoney, announced on Wednesday that it had been given the green light from the national banking regulator to set up a financial leasing company. |
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Telecom firms told to expect wider reform |
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2007/10/25 13:50 (Beijing - China) |
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| The government will continue to push reform of the telecom industry, the State assets body said yesterday. |
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Investment firm to be set up for high-speed railway |
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2007/10/25 13:45 (Beijing - China) |
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| A giant investment vehicle will be set up before the year-end for the construction of the Beijing-Shanghai high-speed railway, sources close to the situation told China Daily. |
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Entrepreneurs get second shot at hot deals |
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2007/10/25 13:44 (Beijing - China) |
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| There will be group pavilions set up by major participating countries and regions, like the Chinese mainland, China's Taiwan Province, Thailand, India, the Philippines and Vietnam. |
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Fair to offer fresh opportunities |
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2007/10/25 13:42 (Beijing - China) |
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| Hong Kong Toys & Games Fair 2008 is the place to be for anyone in this industry, to start the year full of promise and inspiration for a fruitful 12 months. |
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Promise to improve forex management |
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2007/10/24 16:33 (Beijing - China) |
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| China will further improve the management of the country's massive foreign exchange reserves and satisfy trade and investment needs of domestic firms and individuals, China's top foreign exchange regulator pledged. |
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Anti-laundering law snares first suspects |
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2007/10/24 16:30 (Beijing - China) |
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| Four people were sentenced to between 15 and 24 months' imprisonment Tuesday in Shanghai for money laundering in the first such case since the anti-money laundering law took effect in January. |
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Foreign investors zero in on services |
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2007/10/24 16:27 (Beijing - China) |
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| Foreign investment in Shanghai's service sector is increasing at a brisker pace than in other industries as the city tries to revamp its industrial structure. |
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Hubei, Hunan cities tipped for development |
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2007/10/24 16:25 (Beijing - China) |
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| The authorities are likely to approve the establishment of two new experimental zones for energy-saving and environment-friendly reforms in the central provinces of Hubei and Hunan. |
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China has more than 25,000 foreign-invested food companies |
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2007/10/24 16:24 (Beijing - China) |
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| China has 25,570 foreign-funded food enterprises and branch offices, according to the latest government figures. |
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China's venture capital investment hits new high |
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2007/10/24 16:23 (Beijing - China) |
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| China's private equity (PE) investment doubled in September from the previous month to 990 million U.S. dollars while venture capital (VC) investment saw a monthly jump of 54.7 percent to hit 365 million dollars, a new high in 2007. |
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Shenzhen Development Bank reports 1.87 bln yuan in net profits in first 9 months |
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2007/10/24 16:05 (Beijing - China) |
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| Shenzhen Development Bank (SZ:000001), one of China's medium-sized lenders, raked in a net profit of 1.87 billion yuan in the first nine months of 2007, up 110 percent on last year, boosted by growing revenue from loans and service charges. |
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China Construction Bank to issue 20 bln yuan of subordinated bonds |
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2007/10/24 15:55 (Beijing - China) |
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| The China Construction Bank will issue 20 billion yuan worth of subordinated bonds in November to replenish its capital adequacy, a key measure of a bank's financial strength, China Securities Journal reported Tuesday. |
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