- News PM July 1
Gome Appoints Vice President to Board; Suntech Signs Convertible Loan Agreement with IFC; China Minsheng to Set up Another Rural Branch
- Yields Rise on 28, 91-Day Repos
The People's Bank of China on June 30 drained 50 billion yuan from the money market via 28-day repos yielding 0.95 percent.
- China June PMI 53.2, Up from May
It is the fourth consecutive month the PMI has held above 50 points, the level separating expansion from contraction in purchasing.
- News AM July 1
361 Degrees Raises HK$1.7 Bln in Hong Kong IPO; BP, CNPC Win Oil Project in Iraq; Central Huijin Says Unlocking State Shares not Equal to Cutting Holdings
- China to Expand Direct Power Supply Trial
A specific regulation on transmission fees will take effect in the second half of this year, which will integrate various direct-sale measures initiated by local governments.
- News PM June 30
CNPC to Acquire Ningbo Golden Harbor Trust; SMIC Upgrades Q2 Sales Growth Forecast; Chigo to List in Hong Kong; China Plans to Store Influenza Vaccines
- News AM June 30
Shares Exiting Lockup in 2009 Worth 3.2 Trln Yuan; Containerized Freight Index to be Launched in Shanghai; Pierre Cardin to Sell China Brands
- China Insurance Assets Rise 2% in May
China's insurers generated premium income of 495 billion yuan in the first five months of 2009, which included 120.9 billion yuan in property insurance premiums and 342.1 billion yuan in life insurance premiums.