Gome profit up 64.3%

2007-04-18 09:43:33

Gome Electrical Appliances Holding Ltd posted a net profit of 819 million yuan for 2006, up 64.3 percent from a year earlier.

Bull run refuses to flag in a market awash with cash

2007-04-18 09:39:00

The Shanghai Composite Index keeps shrugging off the nervous sentiment and marching on, crossing the 3,600-mark.

Individuals may be allowed to make direct overseas investment

2007-04-17 11:55:39

Chinese individuals may be allowed to make direct purchases of foreign stocks, funds and bonds as the country adopts a new strategy in foreign exchange management strategy.

HK launches new H-share derivative product

2007-04-17 11:53:09

The Hong Kong exchange yesterday launched the first derivative product related to the H-share financial index.

BoCom share sale approved

2007-04-17 11:50:21

Bank of Communications Co Ltd (BoCom) won regulatory approval to raise as much as $3.5 billion selling shares in Shanghai.

Southern Airlines offers 5 warrants per 10 tradable A-shares

2007-04-17 11:47:49

China Southern Airlines Co Ltd said it will offer five put warrants for every 10 tradable shares held under its State share reform plan.

Yurun eyes expansion in minor cities

2007-04-17 11:45:32

China Yurun Food Group plans to expand into less developed cities and make acquisitions as part of its strategy to capitalize on the fragmented market.

China may issue tougher overseas listing rule

2007-04-17 10:08:50

China's securities regulator may issue an unwritten rule that allows mainland-incorporated companies to list overseas only if they seek to raise over US$1 billion.

Overseas listings help swell reserves

2007-04-17 10:16:36

The explosive growth of foreign exchange reserves came from not only the trade surplus, but also the overseas stock market successes of Chinese companies and currency swaps.