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Economic News

Chinese shares close higher Friday

BEIJING, Nov. 17 (Xinhua) -- Chinese stocks closed higher on Friday, with the benchmark Shanghai Composite Index up 0.11 percent to 3,054.37 points. The Shenzhen...
Economic News

Soybean futures close higher

DALIAN, Nov. 17 (Xinhua) -- No.1 soybean futures closed higher on Friday in daytime trading at the Dalian Commodity Exchange (DCE). The most active No.1...
Economic News

Cotton futures close lower

ZHENGZHOU, Nov. 17 (Xinhua) -- Cotton futures closed lower Friday in daytime trading on the Zhengzhou Commodity Exchange (ZCE). The most active cotton contract for...
Economic News

Hong Kong to lower stamp duty on stock transfers to 0.1 pct

HONG KONG, Nov. 16 (Xinhua) -- The Legislative Council of China's Hong Kong Special Administrative Region (HKSAR) on Wednesday adopted the Stamp Duty (Amendment)...
Economic News

Chinese shares open lower Thursday

BEIJING, Nov. 16 (Xinhua) -- Chinese stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 0.19 percent to open at 3,066.86...
Economic News

China’s outstanding yuan funds for forex up in October

BEIJING, Nov. 16 (Xinhua) -- China's outstanding yuan funds for foreign exchange have been on the rise for the second month in a row,...
Economic News

China’s commercial banks see stable credit asset quality

BEIJING, Nov. 16 (Xinhua) -- China's commercial banks saw their non-performing loan (NPL) ratio drop 0.01 percentage points to 1.61 percent at the end...
Economic News

China’s power use up 8.4 pct in October

BEIJING, Nov. 16 (Xinhua) -- China's electricity consumption, a key barometer of economic activity, continued stable expansion in October, official data showed on Wednesday. Power...
Economic News

China’s cross-border capital flows more balanced in October

BEIJING, Nov. 16 (Xinhua) -- China's cross-border capital flows became more balanced in October, with net inflows under trade in goods up 52 percent...
Economic News

China’s interbank treasury bond index opens higher Thursday

BEIJING, Nov. 16 (Xinhua) -- China's interbank treasury bond index in net price opened at 1,005.08 points Thursday, higher than the previous close of...
Economic News

China’s central bank adds liquidity via reverse repos

BEIJING, Nov. 16 (Xinhua) -- China's central bank conducted 377 billion yuan (about 52.56 billion U.S. dollars) of seven-day reverse repos at an interest...
Economic News

China’s benchmark interbank gold prices higher Thursday

BEIJING, Nov. 16 (Xinhua) -- China's benchmark prices for spot interbank gold transactions were higher Thursday, according to the China Foreign Exchange Trade System. The...
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