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Hushen 300 Index closes down -- May 23

2011-05-23 16:07:35

The Hushen 300 Index reflecting the performance of China's Shanghai and Shenzhen stock exchanges closed at 3,022.98 points Monday, down 98.62 points, or 3.16 percent, from the previous close.

Shanghai stock indices close down -- May 23

2011-05-23 16:06:00

China's benchmark Shanghai Composite Index on the Shanghai Stock Exchange closed at 2,774.57 points Monday, down 83.89 points, or 2.93 percent, from the previous close.

China stock index futures close mixed -- May 23

2011-05-23 16:05:32

China's stock index futures closed mixed Monday with the contract for May up 0.03 percent from the previous close to 3,122.6.

ChiNext Index closes down -- May 23

2011-05-23 16:05:02

The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, edged down 3.94 percent, or 34.53 points, to close at 840.9 Monday.

Central SOEs' net profit up 18% in first 4 months

2011-05-23 15:53:37

China's state-owned enterprises (SOEs) administered by the central government, or the central SOEs, posted a net profit increase of 18.2 percent year-on-year in the first four months.

China Payment and Clearing Association debuts

2011-05-23 15:45:19

China's central bank sent out notifications to many payment service companies about attending an establishment conference Monday for the China Payment and Clearing Association, cnr.cn reported.

Shanghai plans to allow citizens to invest directly overseas

2011-05-23 15:38:49

Shanghai has submitted a proposal to the State Council, China's Cabinet, aimed at allowing its citizens to make direct investments overseas, but haven't gotten an official reply, the Xinhua News Agency reported Monday.

Chinese stocks tumble 2.9% to 16-week low

2011-05-23 15:30:00

Chinese shares tumbled 2.93 percent to a 16-week low Monday with the major gauge Shanghai Composite Index down to below 2,800 points, as investors worried about future economic growth under rising inflation pressure.

Casinos bet big for Macao's gaming windfall

2011-05-23 15:23:38

MGM China Holdings Ltd started Monday the process of retail book building for its (initial public offering) IPO, days after Macao's another major casino operator opened its HK$15 billion ($1.91 billion) casino resort.

Chongqing's foreign trade up nearly 75%

2011-05-23 14:40:29

Southwest China's Chongqing municipality generated $5.62 billion in foreign trade in the first four months of this year, a rise of 74.9 percent over the same period of last year, according to the local customs house.

Jiangsu sells fewer aquatic products abroad

2011-05-23 14:39:34

East China's Jiangsu province exported 3,717 tons of aquatic products in the first four months of this year, a decline of 7 percent from the same period of last year, according to the local customs house.

Zhejiang's investment in real estate up nearly 50%

2011-05-23 14:38:56

East China's Zhejiang province invested 349.5 billion yuan ($52.95 billion) in fixed assets in the first four months of this year, a rise of 28.9 percent over the same period of last year, according to the provincial bureau of statistics.

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