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Date:2011/07/28
Hong Kong shares ended lower on Wednesday, owing to weak performance of Financial heavyweights.
The benchmark Hang Seng Index lost 30.39 points, or 0.13 percent at 22,541.69 after trading between 22,469.18 and 22,635.38 points.
Turnover increased to ...
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Date:2011/07/28
Profits for China's industrial businesses rose 28.7 percent year-on-year to 2.41 trillion yuan ($374 billion) in the first half of this year, the National Bureau of Statistics (NBS) announced Wednesday. The NBS figures showed that combined revenues f...
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Date:2011/07/26
China Iron &Steel Association (CISA), the country''s steel lobby, has completed the draft of an iron ore index and expects its publication soon, a move that analysts said will more accurately reflect the Chinese market situation.Li Xinchuang, vic...
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Date:2011/07/28
Most of China''s stocks advanced Wednesday, sending the benchmark index back above 2,700 points.
The Shanghai Composite index rose 0.76 percent, or 20.47 points, to close at 2,723.49. The Shenzhen Component Index gained 0.90 percent to finish at 12,...
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Date:2011/07/26
Chinese shares tumbled on Monday, the first trading day following a deadly train collision in the eastern province of Zhejiang, which left at least 39 people dead and 192 others injured.
Stocks related to high-speed trains plummeted, triggering pani...
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Date:2011/07/28
According to the data released by MOFCOM on July 27, China's domestic steel price inched up 0.4% for the week ended on July 24 compared to prior week. This was also the second consecutive weekly increase. For instance, the price for high spee...
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Date:2011/07/26
China''s foreign exchange watchdog said Monday that the surplus of Chinese banks'' foreign exchange from bank-to-client transactions reached 273.7 billion U.S. dollars in the first half of 2011.
During the period, institutional and individual ...
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Date:2011/07/27
Huaibei Mining Group Co Ltd, one of the 13 national coal production bases in China, said it will complete its domestic initial public offering to raise 8.5 billion yuan ($1.3 billion) by the end of 2011.The company plans to sell 2.2 billion shares on...
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Date:2011/07/26
China's registered urban unemployment rate was 4.1 percent at the end of June, with 9.08 million people registered as unemployed, the Ministry of Human Resources and Social Security said on Monday.
The unemployment rate was unchanged from that at th...
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Date:2011/07/27
China's investment in Australia does not match her status as the nation's largest trade partner, said Duan Jielong, China's Consul-General in Sydney on Tuesday.In a speech to Australia China Business Council (ACBC), Duan said as more and more Chinese...
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Date:2011/07/26
China''s economy is expected to head toward a gradual slowdown in the second half of this year, as the central government has stated that it will retain its current mix of tightened economic policies.Top officials from the Political Bureau of the CPC...
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Date:2011/07/27
In June of current year, China had produced 3.751 million t of welded pipe，increasing by 15% year over year. And its year-to-date production totaled 17.5 million t, surging by 9.8% year over year. While in terms of the pipe imports and exports, China...
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Date:2011/07/26
According to the news released by Shenhua Group recently, in the first half of this year its merchantable coal output amounted to 140 million t, rising by 28.6% year over year. Meanwhile its sales volume swelled by 39.2% year over year and came to 19...
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Date:2011/07/27
Chinese smelters expect supplies of copper concentrate to rise as early as late 2012, paving the way for higher charges, as neighbouring Mongolia's Oyu Tolgoi copper and gold mine starts to come onstream, industry sources said on Tuesday.
That may p...
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Date:2011/07/25
According to the data released by Shanxi’s government, Shanxi’s raw coal output made a new record with an overall production beyond 400 million t in the first half of current year. Meanwhile, Shanxi’s coke and steel product output also rose by 8.2% a...
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Date:2011/07/27
China's fiscal revenue will increase at a slower pace in the second half of this year, following an array of tax cuts, the Ministry of Finance (MOF) said on Tuesday.
Reductions in personal income tax, value-added tax, sales tax, and small business t...
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Date:2011/07/25
China's coal imports dropped 11.8 percent in the first half of the year to 70.49 million tonnes while exports also fell 13.7 percent to 8.75 million tonnes.
During the period, the nation recorded a net import of 61.74 million tonnes of coal. The fig...
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Date:2011/07/27
Chinese shares closed slightly higher Tuesday with the benchmark Shanghai Composite Index up 0.53 percent to close at 2,703.03.
The Shenzhen Component Index gained 0.35 percent to finish at 12,008.53.
Aggregated turnover shrank to 143.46 billion yua...
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Date:2011/07/25
The Chinese currency Renminbi, or the yuan, gained 41 basis points to 6.4495 per U.S. dollar on Friday, the highest since China started the exchange rate reform six years ago, according to the China Foreign Exchange Trading system.
In China's foreign...
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Date:2011/07/27
The Chinese currency Renminbi, or the yuan, gained 33 basis points to 6.4470 per U.S. dollar on Tuesday, the highest since China started the exchange rate reform six years ago, according to the China Foreign Exchange Trading system.
In China's forei...