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Date:2011/08/31
Hong Kong stocks closed up 330.68 points, or 1.64 percent, at 20,534.85 on Wednesday.
The benchmark Hang Seng Index traded between 20,168.93 and 20,556.93. Turnover totaled 75.257 billion HK dollars (about 9.655 billion U.S. dollars). (1 U.S. dollar ...
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Date:2011/09/05
Hong Kong stocks fell 3.06 percent, or 617.56 points, to 19,595.35 during Monday's afternoon session.
Source: Xinhua
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Date:2011/09/02
Slowing food prices may lower China's Consumer Price Index (CPI) in August and decrease the possibility of a benchmark interest rate hike in September, Economic Information Daily reported citing analysts on Sept 1.
China's CPI may rise by a...
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Date:2011/08/31
China's stocks rose Wednesday, as the benchmark Shanghai Composite Index edged up 0.03 percent, or 0.75 points, to 2,567.34.
The Shenzhen Component Index gained 0.47 percent, or 53.03 points, to finish at 11,397.48.
Source: Xinhua
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Date:2011/09/05
China's stocks extended losses and tumbled on Monday tracking last Friday's losses on Wall Street amid weaker-than-expected U.S. employment data.
The benchmark Shanghai Composite Index fell 1.96 percent, or 49.54 points, to end at 2,478.74...
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Date:2011/09/02
Experts welcomed China's appeal of a ruling by the World Trade Organization (WTO) claiming that the nation imposed restrictions on exports of nine raw materials, saying the move helps protect local industry.
They also said the nation is b...
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Date:2011/08/31
According to the China Iron Ore Price Index released by Xinhua on August 30, China's iron ore inventories had reached 95.94 million t till August 29, rising by 0.18 percent as compared to prior week. Meanwhile, the price index for iron ore impor...
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Date:2011/09/05
As constant civil projects break ground in South Xinjiang this year, the market demand for building materials has ramped up drastically. Consequently lots of domestic steelmakers have begun to set up their subsidiaries there.
It is reported t...
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Date:2011/09/01
China will waive import duties for the fast-growing imports of equipment for coalbed methane (CBM) exploration and development projects during the 12th Five-Year Plan (2011-2015), making it the country's first exemption in the sector.
The...
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Date:2011/08/31
The Chinese currency Renminbi, or the yuan, weakened 18 basis points to 6.3867 per U.S. dollar on Wednesday, according to the China Foreign Exchange Trading system.
In China's foreign exchange spot market, the yuan is allowed to rise or fall by ...
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Date:2011/09/05
Land prices and transaction volumes both declined on a monthly basis in Chinese cities amid a sluggish market last month, a research institute said Sunday.
The China Index Academy (CIA), a Beijing-based company that studies China's property mar...
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Date:2011/09/01
To support struggling small- and medium-sized enterprises (SMEs), China's State Council will hold a conference in September for SMEs to discuss policies for the sector's development, sources said Monday at the APEC SMEs Forum.
SMEs are expe...
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Date:2011/08/31
China's stocks opened mixed on Wednesday.
The benchmark Shanghai Composite Index fell 0.07 points lower to open at 2,566.53.
The Shenzhen Component Index opened 0.24 percent higher at 11,371.25.
Souce: Xinhua
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Date:2011/09/05
Asian currencies strengthened for a second week, led by South Korea's won and Malaysia's ringgit, as optimism that the global economic recovery is intact bolstered demand for emerging-market assets.
The Bloomberg-JPMorgan Asia Dollar...
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Date:2011/09/01
Outbound direct investment (ODI) for August rebounded with "double-digit" growth year-on-year following July's sharp drop, the Ministry of Commerce said on Wednesday.
The rebound comes after the Japanese earthquake and tsunami, as well as...
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Date:2011/08/31
Bank of America Corp's (BofA) sale of half its stake in China Construction Bank Corp (CCB) will have a "very limited" effect on China's banking industry, analysts said on Tuesday.
BofA, the largest US lender by assets, announced on M...
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Date:2011/09/05
A Chinese non-manufacturing index dropped in August, adding to evidence that growth is moderating in the world's second-largest economy after the government raised interest rates, curbed lending and imposed limits on home purchases.
The n...
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Date:2011/09/01
China and the Philippines aim to double bilateral trade to $60 billion in 2016, indicating that economic cooperation is a priority as the countries put aside the South China Sea dispute that has strained ties.
Securing a number of deals with China o...
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Date:2011/08/31
Top lenders are competing for a new growth engine. With large State-owned enterprises becoming more reliant on direct financing in the capital market, Chinese banks are increasingly turning their attention to the country's cash-strapped small- a...
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Date:2011/09/01
China's Purchasing Managers' Index (PMI) rebounded to 50.9 percent in August from a 29-month low of 50.7 percent for July, the China Federation of Logistics and Purchasing (CFLP) said Thursday.
The August figure ended four consecutive mont...