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Economic News

Market Exchange Rates In China — Oct. 8

BEIJING, Oct. 8 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies...
Economic News

Chinext Index Opens Higher Tuesday

BEIJING, Oct. 8 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, was up 18.44 percent to open at 2,576.22 points...
Economic News

Chinese Shares Open Higher Tuesday

BEIJING, Oct. 8 (Xinhua) -- Chinese stocks opened higher on Tuesday, with the benchmark Shanghai Composite Index up 10.13 percent to open at 3,674.4...
Economic News

China Eyes Long-Term Funds To Promote Stable, Sustainable Capital Market

BEIJING, Sept. 30 (Xinhua) -- China is intensifying moves to channel long-term funds into its capital market as part of the efforts to boost...
Economic News

1st LD: China To Cut Interest Rates For Existing Home Loans By Oct. 31

BEIJING, Sept. 30 (Xinhua) -- China's central bank on Sunday requested commercial banks to lower interest rates for existing home loans as the country...
Economic News

China’s Major National Commercial Banks Announce Plans For Mortgage Rate Adjustment

BEIJING, Sept. 30 (Xinhua) -- China's six major national commercial banks have announced plans to adjust mortgage rates for existing home loans in line...
Economic News

Chinext Index Opens Higher Monday

BEIJING, Sept. 30 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, was up 5.77 percent to open at 1,994.26 points...
Economic News

Chinese Shares Open Higher Monday

BEIJING, Sept. 30 (Xinhua) -- Chinese stocks opened higher on Monday, with the benchmark Shanghai Composite Index up 3.47 percent to open at 3,194.72...
Economic News

Chinext Index Closes Higher Monday

BEIJING, Sept. 30 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, jumped 15.36 percent to close at 2,175.09 points Monday....
Economic News

Chinese Shares Close Sharply Higher Monday

BEIJING, Sept. 30 (Xinhua) -- Chinese stocks closed sharply higher on Monday, with the benchmark Shanghai Composite Index surging 8.06 percent to 3,336.5 points....
Economic News

Outlook For RMB Internationalization Promising On Back Of Mainland Monetary Incentives: HKMA Chief Executive

HONG KONG, Sept. 29 (Xinhua) -- The outlook for RMB internationalization remains promising supported by a combination of cyclical as well as structural factors,...
Economic News

China’s Forex Market Reports Transactions Totaling 26.94 Trillion Yuan In August

BEIJING, Sept. 29 (Xinhua) -- China's foreign exchange market recorded transactions totaling 26.94 trillion yuan (3.78 trillion U.S. dollars) in August, official data showed...
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