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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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Prices jump for city's second-hand apartments |
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2007/10/17 14:13 (Beijing - China) |
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| Shanghai'S second-hand housing index rose in September for the 18th consecutive month as the scant supply of new residences continued to push up sales prices for the city's used apartments. |
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Shanghai foresees more growth and cooperation |
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2007/10/17 10:11 (Beijing - China) |
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| Xi Jinping, the top Party official of Shanghai, promised yesterday in Beijing to seek smooth economic development and closer cooperation with other cities in the Yangtze River Delta region. |
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Rate slackens but FDI keeps pouring in |
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2007/10/17 10:10 (Beijing - China) |
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| China remains one of the world's largest recipients of foreign direct investment, but the FDI inflow slowed last year as the country adjusts its strategies in drawing foreign capital, a UN report says. |
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Finance minister: Prudent fiscal policy to be continued |
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2007/10/17 10:07 (Beijing - China) |
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| Minister of Finance Xie Xuren said here Tuesday China will continue adopting prudent fiscal policy in the foreseeable future and keep the size of deficits and treasury bonds at sound levels. |
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China's equity market capitalization world's 4th largest |
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2007/10/17 10:00 (Beijing - China) |
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| A total of 1,517 companies have gone public on the stock markets of the Chinese mainland by the end of September, and the volume of equity market capitalization ranked the fourth largest in the world. |
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PetroChina poised to list A shares next month |
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2007/10/17 09:57 (Beijing - China) |
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| PetroChina will go public on Shanghai's A-share market next month, said PetroChina Chairman Jiang Jiemin yesterday. |
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Flexibility of China's currency expands |
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2007/10/17 09:56
(Beijing - China) |
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| China's currency the RMB has grown more flexible with its central parity rate having gained 10.19 percent accumulatively against U.S. dollar as of Sept. 30. |
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Banks push Shanghai stock index to new high |
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2007/10/16 16:10 (Beijing - China) |
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| The key stock index in Shanghai set another record high this morning, led by strong performances from commercial banks after China Merchants Bank Co estimated its nine-month profit will double. |
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Mainland investors confident |
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2007/10/16 16:08 (Beijing - China) |
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| Chinese mainland investors remain confident of returns from the stock market, despite most other Asian markets retaining a more conservative outlook, an industry survey said yesterday. |
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Nod for overseas investment |
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2007/10/16 16:06 (Beijing - China) |
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| CITIC Securities Co said yesterday it had gained a license from the country's stock regulator to invest clients' capital in overseas securities markets under the Qualified Domestic Institutional Investor scheme. |
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Costlier crude drives surge in Asian equities |
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2007/10/16 16:05 (Beijing - China) |
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| The Morgan Stanley Capital International Asia-Pacific Index added 0.5 percent to 168.63 in Tokyo. Benchmarks in Hong Kong and India climbed to records. Japan's Nikkei 225 Stock Average rose 0.2 percent, while the broader Topix index lost 0.1 percent. |
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Crude prices surge as OPEC estimates supplies falling |
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2007/10/16 16:03 (Beijing - China) |
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| Oil prices surged as high as US$86 a barrel yesterday for the first time after OPEC said crude production by non-member countries is likely falling even as global demand for oil is rising. |
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Shanghai stocks inch up on non-ferrous metals |
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2007/10/16 15:59 (Beijing - China) |
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| Strong growth in the non-ferrous metal sector propelled the stock market in morning trading. |
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Construction and Development for Huangjiawan Landscape Park |
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2007/10/16 15:46 (Beijing - China) |
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China sets aside fund to boost high-tech industry |
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2007/10/16 15:24 (Beijing - China) |
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| China has allocated 80 billion yuan (10.5 billion U.S. dollars) within the next five years to prop up improvements and innovations of high-tech enterprises, the National Development and Reform Commission said. |
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Chinalco buys out another domestic rival |
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2007/10/16 15:19 (Beijing - China) |
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| Aluminum Corp of China (Chinalco), parent of publicly traded Chalco, has acquired China Non-ferrous New Metals Co, the latest in a string of takeovers of its domestic rivals. |
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Shanghai sees dropping new stock accounts in September |
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2007/10/16 15:11 (Beijing - China) |
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| The number of new stock investment accounts at the Shanghai Stock Exchange declined in September, according to a report by the Shanghai bourse. Total transaction value and trading frequency were also slightly down, compared with August. |
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China accelerates cultivation of high-yield super rice |
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2007/10/16 15:08 (Beijing - China) |
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| China expanded the acreage of super high-yield rice by almost 14 percent to 5.33 million hectares this year in a bid to produce more food for its growing population, an agricultural official said on Monday. |
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Official: China's bid to balance trade helps slow surplus growth |
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2007/10/16 15:07 (Beijing - China) |
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| China's macro-economic moves to balance foreign trade were paying off as the country's trade surplus growth had slowed by September, Chinese customs officials said on Monday. |
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30 central SOEs plan 'overall listing' |
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2007/10/16 14:58 (Beijing - China) |
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| Thirty central Stated-owned enterprises (SOEs) are planning overall listing, the China Business today cited an insider close to the State-owned Asset Supervision and Administration Commission of the State Council (SASAC) as saying. |
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