China to Subsidize Investment in Solar Energy Projects
[2009-07-22]
The subsidies appear to be geared towards making more solar projects viable even if they sell their output at low rates.
Gome "Can't Explain" Share Price Surge
[2009-07-22]
A senior Gome manager said that the company did not know why its stock price rose so dramatically and that it did not have any pending announcements.
China Central Bank Wary of Inflation
[2009-07-21]
Inflation, not deflation, is the focus of the bank's concern, even though the Consumer Price Index fell 1.7 percent in June, said an official.
News PM July 21
[2009-07-21]
Foreign Insurers' Shanghai Market Share Rises to 17%; State-Owned Companies Face More Challenges; Coal Industry Body Urges Production Curbs
Stock Market Rallies Boost Fund Redemptions
[2009-07-21]
The recovery of the A-share market allowed investors trapped after the market turned down in late 2007 to withdraw their investment.
China Likely to Launch REIT Trials in Fourth Quarter
[2009-07-21]
A trial program of REIT, designed to ease funding pressures on property developers, is likely to kick off later this year if the State Council approves a proposal by the central bank.
China Growth Market IPO Applications to Start July 26
[2009-07-21]
In the early stage of the growth enterprise market, two sponsors will be needed for an initial public offering in an effort to prevent a deluge of lower value-added companies from flooding the market.
News AM July 21
[2009-07-21]
NBS Economist: Small Rise for China's CPI in 2009; Tencent Hits Record in Intraday HK Trading; World Expo Organizers Bar Tobacco Company from Sponsor List
Shanghai Electric Expands Nuclear Equipment Facility
[2009-07-21]
The new facility will take in 1 billion yuan in investment, expanding annual output of nuclear power generating units to about 4-6 sets in 2012 from the current 2.5 sets.
Xiluodu Hydropower Project Draws Auditors' Criticism
[2009-07-21]
The auditor urged CTGPC to address these problems expeditiously and improve the efficiency of funds invested in the project.
News PM July 20
[2009-07-20]
Rio Tinto Case Connects with Price Talks; CNPC H1 Domestic Crude Output 51.04 Mln Tons; Citic Securities Raises China 2009 GDP Forecast to 8.8%
Norman Chan Named Head of HK Monetary Authority
[2009-07-20]
Hong Kong's new HKMA chief said he aims to maintain a stable monetary policy, manage foreign exchange prudently and promote the use of the yuan during his five-year term beginning October 1.
Commercial Banks NPL Ratio Falls to 1.77%
[2009-07-20]
The apparent improvement in the non-performing loan ratio masks the reality that loans surged in 2009 and may be too new to be reflected in the bad-loan data.
Commercial Banks Loan-loss Coverage Ratio Up at 134.3%
[2009-07-20]
The authorities have consistently been encouraging banks to raise their loan-loss coverage, reflecting fears that the massive surge in new credit extended in the first half may lead to a rise in bad loans.
Liaoning Xiyang to Invest in Russian Iron Ore Mine
[2009-07-20]
Chairman said the company's overseas expansion was compelled by Beijing's moves to curb private investment in the steel industry.
Chinese Companies Pursuing Innovative Strategies in Foreign M&A Deals
[2009-07-20]
A bank manager said that Chinese companies have increasingly adopted innovative strategies in overseas M&A deals but the strategies could be risky.
News AM July 20
[2009-07-20]
CNPC May Hold 50% in Rumaila Oilfield JV with BP; Floods Pummel China's Earthquake Regions; Yi Gang Named Foreign Exchange Chief
Fragrant Spring Pause for a Financial Crisis
[2009-07-20]
Traveling, sipping fine wine in Lyon and reading a good book can help one consider the recession from a historical perspective.
Stimulus, Storytelling and Bouncing Bears
[2009-07-20]
So many factors are influencing stock market behavior this year that predictions, like the economy itself, are in a state of flux.
News PM July 17
[2009-07-17]
BYD Revives A-Share IPO Plan; Rio Tinto Rejects Bribe Reports; CITS IPO Plan Set for Review; State-owned Enterprises' Profits Fall 27%
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