Date
27 May 2018

World

  • Huishang Bank says Vanke investment flags central China takeoff

    Oct 30, 2013 7:22pm
    Huishang Bank Corp. Ltd. chairman Li Hongming {李宏鳴} said Wednesday that the investment of China Vanke Co. Ltd. (000002.CN) in its Hong Kong initial public offering reflects the developer’s confidence in China’s central regions. Rapid industrialization and urbanization will...
  • Xi urges development of public rental houses, Xinhua says

    Oct 30, 2013 7:17pm
    President Xi Jinping {習近平} is pushing for faster development of public rental housing projects to ensure low-income families have a home, the official Xinhua news agency reported Wednesday. Xi, who is also general secretary of the Communist...
  • TSL Jewellery seeks to cement hold on wedding services

    Oct 30, 2013 6:51pm
    Tse Sui Luen Jewellery (International) Ltd. (TSL) (00417.HK) said it will expand its wedding services business into some second-tier Chinese cities to tap rising demand, deputy chief executive Lambert Chan said Wednesday.  The company will also...
  • ICBC 3Q profit rises 7.6% to 67.19 bln yuan, filing says

    Oct 30, 2013 6:24pm
    Industrial and Commercial Bank of China Ltd. (01398.HK, 601398.CN) posted a 7.6 percent increase in net profit to 67.19 billion yuan (US$11.03 billion) for the three months to Sept. 30 from a year ago, it said...
  • BOC 3Q profit rises 13.9% to 39.5 bln yuan, filing says

    Oct 30, 2013 6:10pm
    Bank of China Ltd. (BOC) (03988.HK, 601988.CN) recorded a net profit of 39.49 billion yuan (US$6.48 billion) for the three months to Sept. 30, up 13.9 percent from a year ago, it said in a filing...
  • ABC 3Q net profit up 15.3% to 45.65 bln yuan, filing says

    Oct 30, 2013 6:09pm
    Agricultural Bank of China Ltd. (ABC) (01288.HK, 601288.CN) posted 15.29 percent growth in net profit to 45.65 billion yuan (US$7.5 billion) for the three months to September from a year earlier, it said in a Hong...
  • Beijing open to cross-strait leaders’ meeting, Xinhua says

    Oct 30, 2013 3:43pm
    Beijing is positive and open about a possible meeting between the leaders of mainland China and Taiwan, Xinhua news agency reported Wednesday, citing Fan Liqing, a spokesperson of the State Council Taiwan Office. Fan was responding...
  • Industrial growth gaining strength, Xinhua says

    Oct 30, 2013 3:12pm
    China’s industrial growth is picking up, adding strength to the broader economy, the official Xinhua news agency reported Wednesday, citing the National Development and Reform Commission, the country’s top economic planner. Major industrial firms saw their profits...
  • Govt denies changes to one-child policy, paper says

    Oct 30, 2013 12:41pm
    The National Health and Family Planning Commission said there will be no changes to the country’s family planning policy, Southern Metropolis Daily reported Wednesday. This followed media reports that the government will launch a nationwide pilot scheme...
  • Hanergy Solar building 19 MW solar plant in US, filing says

    Oct 30, 2013 12:14pm
    Hanergy Solar Group Ltd. (00566.HK) expects its acquisition of United States-based Columbia Solar Energy LLC (CSE) to be completed before Nov. 25, it said in a filing to the stock exchange Wednesday. CSE is developing the...
  • Outstanding forex funds up sharply in Sept, PBoC says

    Oct 30, 2013 9:59am
    China’s funds outstanding for foreign exchange at the end of September rose to 25.35 trillion yuan (US$4.29 trillion), the highest since May and up 268.2 billion yuan from August, according to data released by the People’s...
  • Top court calls for judicial independence, Reuters says

    Oct 30, 2013 9:51am
    The Supreme People’s Court urged courts to eliminate corruption and stop officials interfering in decisions, Reuters reported on Tuesday, citing a paper on reforms issued by the top court. “Resolutely implement the courts’ independent exercise of judicial authority...
  • Study debunks China’s image as big Aussie ag player, paper says

    Oct 30, 2013 9:36am
    China is far from a major agricultural investor in Australia and owns less than 1 percent of Australian farmland, Shanghai Daily reported Wednesday, citing a Xinhua report. According to research on Chinese direct investment by KPMG and...
  • World Bank lauds China business reform progress, paper says

    Oct 30, 2013 9:25am
    A World Bank report has said China is among the top 20 economies globally that have taken efforts to improve the business regulations since 2005, the Shanghai Daily reported Wednesday. China has implemented 18 regulatory reforms since...
  • Top China, Japan, S. Korea diplomats to meet in Nov, Kyodo says

    Oct 30, 2013 8:36am
    China, Japan and South Korea have basically agreed to hold a deputy foreign minister-level meeting in Seoul in early November to weigh the feasibility of holding a trilateral summit by the end of the year, Kyodo...
  • CPC leaders endorse anti-extravagance rules, Xinhua says

    Oct 30, 2013 8:29am
    The Political Bureau of the Communist Party of China approved regulations to curb waste and extravagance among party and government departments, Xinhua reported late Tuesday. The rules cover public funds management, domestic and overseas trips, business...
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    The Big Picture: HUKOU REFORM

    - Oct 30, 2013 8:29am
    China, which is seeking to upgrade its economic structure, is expected to step up efforts for the long-awaited reform of its “hukou” or household registration system after further discussions at the upcoming Third Plenary Session of...
  • Central banker seeks to reassure investors, paper says

    Oct 30, 2013 7:21am
    A central bank official reassured mainland money dealers on Tuesday that money conditions remain ample and the bank will keep its short-term monetary operations stable this year, China Daily reported Tuesday, citing agency reports. But the...
  • UPDATE: CPC third plenary session to be held Nov 9-12

    Oct 29, 2013 6:38pm
    (Adds details of politburo meeting) The third plenary session of the 18th Central Committee of the Communist Party of China will be held from Nov. 9 to 12, the official Xinhua news agency reported Tuesday after...
  • CPC third plenary session to be held Nov 9-12, Xinhua says

    Oct 29, 2013 4:15pm
    The third plenary session of the 18th Central Committee of the Communist Party of China (CPC) will be held between Nov. 9 and 12, the official Xinhua news agency reported Tuesday after a Politburo meeting chaired by...

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