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Economic News

China’s Central Bank To Conduct Temporary Repos, Reverse Repos From July 8

 BEIJING, July 8 (Xinhua) -- China's central bank said it will carry out temporary repos or reverse repos based on market conditions starting from...
Economic News

Economic Watch: Lower Transaction Fees Set To Boost International Bank Card Usage In China

 BEIJING, July 4 (Xinhua) -- International bank card clearing institutions, such as Visa and Mastercard, have reduced transaction fees on overseas bank cards for...
Economic News

1st LD-Writethru: China sets up special fund worth 30 bln yuan to revitalize SOEs’ land assets

 BEIJING, July 5 (Xinhua) -- China held a founding ceremony on Friday marking the official establishment of a special fund to revitalize the land...
Economic News

Chinext Index Opens Higher Friday

BEIJING, July 5 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, was up 0.09 percent to open at 1,648.74 points...
Economic News

Chinese Shares Open Lower Friday

 BEIJING, July 5 (Xinhua) -- Chinese stocks opened lower on Friday, with the benchmark Shanghai Composite Index down 0.11 percent to open at 2,954.37...
Economic News

Market Exchange Rates In China — July 5

 BEIJING, July 5 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies...
Economic News

Chinese Yuan Strengthens To 7.1289 Against USD Friday

BEIJING, July 5 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 16 pips to 7.1289 against the...
Economic News

China’s Interbank Treasury Bond Index Opens Lower Friday

BEIJING, July 5 (Xinhua) -- China's interbank treasury bond index in net price opened at 1,028.75 points Friday, lower than the previous close of...
Economic News

China’s Central Bank Pumps Liquidity Via Reverse Repos

BEIJING, July 5 (Xinhua) -- China's central bank conducted 2 billion yuan (280.55 million U.S. dollars) of seven-day reverse repos at an interest rate...
Economic News

Chinext Index Closes Higher Friday

BEIJING, July 5 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 0.51 percent to close at 1,655.59 points Friday.   ...
Economic News

Chinese Shares Close Mixed Friday

BEIJING, July 5 (Xinhua) -- Chinese stocks closed mixed on Friday, with the benchmark Shanghai Composite Index down 0.26 percent to 2,949.93 points.    The...
Economic News

1st LD-Writethru: Chinese Shares Close Mixed Friday

BEIJING, July 5 (Xinhua) -- Chinese stocks closed mixed on Friday, with the benchmark Shanghai Composite Index down 0.26 percent to 2,949.93 points.    The...
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