Date
15 October 2018

Business

  • CSRC to develop agricultural futures options, Xinhua says

    Dec 2, 2013 7:09am
    The China Securities Regulatory Commission (CSRC) will develop hedging tools for agricultural futures, the official Xinhua news agency reported Saturday, citing vice chairman Jiang Yang {姜洋}. These include options and agricultural product indices. The CSRC will closely...
  • Govt to speed up agriculture pilot zones, Xinhua says

    Dec 2, 2013 6:45am
    The central government will push forward agricultural finance reform and innovation as well as speed up establishment of pilot zones for modern agriculture, the official Xinhua news agency reported Sunday, citing deputy agriculture minister Yu Xinrong....
  • IPO resumption seen in January, Xinhua says

    Dec 2, 2013 6:42am
    Chinese regulators have published guidelines on the reform of the initial public offering (IPO) process, paving the way for the potential resumption of public listings next year, the official Xinhua news agency reported. The changes include...
  • Tian Lun Gas' Zhang Yingcen sees stake purchases in state-owned rivals as a way to accelerate his firm's business growth. Photo: Tian Lun Gas

    Tian Lun Gas eyes SOE buy-ins to flare up growth

    - Dec 2, 2013 6:00am
    China Tian Lun Gas Holdings Ltd. (01600.HK), a private natural gas distributor in the mainland, is considering buying stakes in larger state-owned rivals to fast-track its ambitious expansion plan and carve out a bigger slice of...
  • HK stocks gain 2.9 percent in November, shipping plays lead rise

    Nov 29, 2013 5:55pm
    Hong Kong’s benchmark index climbed 92 points or 0.4 percent to close at 23,881 points on the last trading day of November. For the whole month, which covered the Communist Party plenum where wide-ranging reforms were...
  • A Japanese patrol plane flies above a disputed island in  the East China Sea. Photo: AFP

    WEEKENDER: Warplanes add to East China Sea tensions

    - Nov 29, 2013 5:00pm
    Tension has engulfed the skies over the East China Sea this week after China established on Nov. 23 an air defense identification zone (ADIZ), which covers the disputed Diaoyu islands, or the Senkaku as they are...
  • Coal sector warming up, for now

    Nov 29, 2013 4:40pm
    Coal stocks have been regaining lost ground as some supportive policies from the Chinese government came as a confidence booster for the sector that has been struggling with overcapacity. The State Council outlined on Nov. 27 five...
  • CORRECT: SSE rules out IPO revival this year, website says

    Nov 29, 2013 3:56pm
    (Corrects exchange name in headline) The Shenzhen Stock Exchange said a media report on Wednesday citing an SSE staff member as saying that initial public offering approvals could resume this year is incorrect, news website Caijing.com.cn...
  • China AMC appoints new chairman, Bloomberg says

    Nov 29, 2013 3:15pm
    Yang Minghui has been appointed chairman of China Asset Management Co. Ltd., replacing Wang Dongming, Bloomberg News reported Friday, citing a statement posted on the company’s website. Yang formerly worked for CITIC Securities Co. Ltd. (06030.HK, 600030.CN), the...
  • EU to start sunset review on China’s MSG, commerce ministry says

    Nov 29, 2013 1:56pm
    The European Union is set to conduct a sunset review on monosodium glutamate products imported from China, the Chinese Ministry of Commerce said in a statement on its website Friday. The EU has imposed a 33.8 to...
  • H&M suspends output of Angora wool items, WSJ says

    Nov 29, 2013 11:42am
    Sweden’s Hennes & Mauritz AB temporarily halted production of items containing Angora wool after animal-rights activists distributed a video over the summer that showed allegedly inhumane treatment of rabbits on unidentified farms in China, the Wall...
  • CapitaLand China unit eyes low-cost housing projects, WSJ says

    Nov 29, 2013 11:41am
    Property developer CapitaLand’s China arm is shifting its focus to low-cost homes, as it expects the nation’s urbanization push to boost demand for residential property across all segments, the Wall Street Journal reported Thursday. Singapore-based CapitaLand, which...
  • Luxshare taking over half the Speed Tech board seats, paper says

    Nov 29, 2013 11:20am
    Luxshare Precision Industry Co. Ltd. (002475.CN), China’s largest wire maker, will gain more seats on the board of Taiwan’s Speed Tech Corp., Economic Daily News reported Friday, without citing any source. Newly added board seats will...
  • Tesla jumpstarts China expedition with pre-orders

    - Nov 29, 2013 10:56am
    No set price and time of delivery plus an advance deposit of at least 250,000 yuan (US$41,035). Most vendors would be hard-pressed to sell anything on such demanding terms. But not Tesla Motors (TSLA.US) in China....
  • 3 Japanese banks get nod for Shanghai FTZ branches, Kyodo says

    Nov 29, 2013 10:39am
    Three major Japanese banks have been granted permission to set up branches in the Shanghai free trade zone, Xinhua reported Thursday, citing the zone’s management commission. The lenders are Bank of Tokyo-Mitsubishi UFJ Ltd., Mizuho Bank,...
  • Beijing begins carbon credit trading trial, Xinhua says

    Nov 29, 2013 10:37am
    The Beijing municipal government launched Thursday carbon credit trading under a trial scheme, allowing parties to buy and sell greenhouse gas emission rights, Xinhua news agency reported. More than 490 firms, which account for about 40 percent...
  • Central bank sets RMB midpoint stronger at 6.1325

    Nov 29, 2013 10:01am
    The People’s Bank of China set the renminbi’s daily midpoint against the US dollar at 6.1325 on Friday, 18 pips firmer than the 6.1343 fixing the previous day, according to the China Foreign Exchange Trade System....
  • SHKP deserves higher China profile due to good asset mix

    Nov 29, 2013 9:39am
    If one were to be asked to name the major listed commercial property investors in the mainland market, entities like SOHO China (00410.HK) and Hang Lung Properties (00101.HK) would readily come to people’s minds. What escapes attention...
  • Flight operations ‘smooth’ over air zone, Xinhua says

    Nov 29, 2013 9:38am
    China said flights over its newly declared “Air Defense Identification Zone” in the East China Sea were normal and safe, and civil aviation routes have not been affected, Xinhua reported Thursday, citing Foreign Ministry spokesman Qin Gang. “We...
  • China needs to wait and learn from the Shanghai experience before launching new free trade zones. Photo: Reuters

    Some cool thinking needed amid the FTZ fever

    - Nov 29, 2013 9:36am
    The reform blueprint released after the Chinese Communist Party’s recent central committee plenum has listed, among other things, accelerating the construction of free trade zones (FTZs) as a task in the nation’s opening-up endeavor. News reports,...

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