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Economic News

China Encourages Medium, Long-Term Capital To Enter Market With New Guideline

BEIJING, Sept. 27 (Xinhua) -- China will take a raft of measures to promote the market entry of medium and long-term capital, in a...
Economic News

China Cuts Interest Rate Of 7-Day Reverse Repos

BEIJING, Sept. 27 (Xinhua) -- China's central bank on Friday cut the interest rate of seven-day reverse repos from 1.7 percent to 1.5 percent....
Economic News

2nd LD-Writethru: China Cuts Reserve Requirement Ratio By 0.5 Percentage Points

BEIJING, Sept. 27 (Xinhua) -- China's central bank on Friday announced a cut in the reserve requirement ratio (RRR) by 0.5 percentage points for...
Economic News

Chinext Index Opens Higher Friday

BEIJING, Sept. 27 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, was up 2.17 percent to open at 1,751.33 points...
Economic News

Chinese Yuan Strengthens To 7.0101 Against USD Friday

BEIJING, Sept. 27 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 253 pips to 7.0101 against the...
Economic News

Chinese Shares Open Higher Friday

BEIJING, Sept. 27 (Xinhua) -- Chinese stocks opened higher on Friday, with the benchmark Shanghai Composite Index up 1.60 percent to open at 3,049.10...
Economic News

China’s Listed Firms Sustain Recovery Momentum As Policy Support Builds Up

BEIJING, Sept. 26 (Xinhua) -- China's listed companies have seen improvement in performance quarter by quarter since the beginning of this year, with service...
Economic News

China Expands Equity Investment Pilot For Asset Managers

BEIJING, Sept. 25 (Xinhua) -- The National Financial Regulatory Administration announced on Tuesday the expansion of the pilot program for equity investments by financial...
Economic News

China Unveils New Policies On M&A, Market Value Management

BEIJING, Sept. 25 (Xinhua) -- The China Securities Regulatory Commission (CSRC) on Tuesday announced new measures aimed at guiding mergers and acquisitions (M&A) among...
Economic News

Hong Kong Hang Seng Index Opens 0.91 Pct Higher

HONG KONG, Sept. 26 (Xinhua) -- Hong Kong Hang Seng Index gained 173.47 points, or 0.91 percent, to open at 19,302.57 points on Thursday.
Economic News

Chinese Yuan Weakens To 7.0354 Against USD Thursday

BEIJING, Sept. 26 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 152 pips to 7.0354 against the...
Economic News

Chinext Index Opens Lower Thursday

BEIJING, Sept. 26 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, was down 0.18 percent to open at 1,638.53 points...
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