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Chinese shares close 2.94% higher

2008-04-03 17:01:15

Chinese shares ended 2.94 percent higher on Thursday, continuing Wednesday's rebound trend from recent plunges, boosted by steel and energy heavyweights.

Merrill Lynch plans to expand in China

2008-04-03 16:03:16

"I'm very optimistic about the growth in China and opportunities there, Merrill Lynch need to expand our business in China," said CEO John Thain.

Wealth fund aim modest

2008-04-03 14:17:18

China's sovereign wealth fund targets a modest single-digit rate of return and has adopted investment policies that are more akin to large public pension funds.

Lehman Brothers examines China growth options

2008-04-03 10:28:38

Lehman Brothers, a noted US investment bank, is looking at expanding its business in China, an executive said on Wednesday.

Investors remain optimistic about stocks

2008-04-01 19:11:24

More than 60 percent of Chinese investors expected stock prices to rise despite the depressed market since January.

Fund rumors denied

2008-04-02 09:41:49

Around 30 billion yuan of fund capital flowed into the stock market in the first quarter, the securities regulator said, denying rumors that over 100 billion yuan in funds was cashed in.

Regulator moves to curb insurers' fundraising

2008-04-01 11:50:59

China's insurance regulator, is moving to curb fundraising by insurers, requiring that they seek regulatory approval first.

Shares dive 4.13% on worries about tight monetary policy

2008-04-01 16:14:31

Chinese shares nosedive 4.13 percent on Tuesday after central bank vowed to continue tightening monetary policies.

World Bank cuts 2008 China growth forecast to 9.4%

2008-04-01 14:25:21

The World Bank cut its forecast for China's 2008 economic growth to 9.4 percent in a report released on Tuesday.

China QDII funds under-performed benchmarks last year

2008-03-31 17:19:06

China's four stock-oriented qualified domestic institutional investor (QDII) funds have all reported big losses last year.

Wen: China to ensure stable, sound growth of stock market

2008-03-31 13:36:29

The Chinese government will make efforts to promote the stable and sound development of its stock market, Chinese Premier Wen Jiabao said in Vientiane last Sunday.

Chinese funds see profits surge

2008-03-31 15:26:31

Altogether 341 funds reported total profits of 1.12 trillion yuan last year, 314 percent up from the previous year, according to annual reports disclosed by 58 fund companies.

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