China Financial News Headlines

Shanghai Stock Exchange Start-up “105” Code Segment
On September 23, Shanghai Stock Exchange announced that in order to make the corporation and separation debt according to account transaction to participate in the new-style pledge repurchase transaction, Shanghai Stock Exchange had started the “105” code segment as the specific security code segment for these kinds of bonds.

Deadline of Disclose Work for Listed Companies
Shanghai and Shenzhen Stock Exchange today release the documents to request that the listed companies shall finish the disclosure work of the third quarter before October 31.

57.55 percent Turnover Rate for 50 ETF
50ETF in Shanghai Stock Exchange has reached 57.55 percent turnover rate in the first 4 trading days, which created a historical new high turnover rate.

Other News:

First Comprehensive Emissions Right Trading Institutions in China
Chinese first comprehensive emissions right trading institution-Tianjin Emission Right Trading Institution had been formally established. Experts believed that the institution would set up a scientific and effective reduction of energy-saving investment and financing system, broaden the channels for capital and technology, and realize environmental protection, energy consumption reduction.

Money Transfer from China Mobile to China Unicom
State-Owned Assets Supervision and Administration decided to transfer 50,000 million yuan from China Mobile Group to Unicom in the name of network balance.

Related posts:

1. Stock Exchange Market
   The index of traded Shenzhen stock created new lowness, when the market rebounded in the...
2. Stock Market Of A & B
   Early analysis: A-share is very difficult to out of their way Europe and the United...
3. New Regulation and Recent Chinese Stock Market
   State-owned Enterprises shall not engage in Speculation in the Futures Market Trading China Securities Regulatory...
4. RMB exchange rate
   China said that the Sino-US trade imbalance can not be attributed to the RMB exchange...
5. Stock Market News
   Global stock market lost 5.79 trillion in October, which made a new record. According to...

2007 A-grade Central Enterprise List
2007 A-grade central enterprise list has been issued. China Petroleum, China Petroleum & Chemical, and China Mobile ranked the front three places of the list.

Central Enterprises will be quickened the Enterprises Reorganization
Director Li Rongrong of SASAC of the State Council recently reiterated that the 149 central enterprises would be quickened the reorganization after the Olympic Games, until 2010, the number of enterprises will be reduced to 80-100.

Net Profit of China Mobile ranks the First Place of Central Enterprises
On September 24, 2008, China Mobile issued the achievement in the first half of this year. The net profit reached 54849 million RMB, which ranked the first place of central enterprises.

Increasing Shareholding of Central Enterprises makes for the Market Stability
On September 18, 2008, the relevant department issued three favorable policies to rescue the market, one of them is that SASAC support the central enterprises to increase the shareholding and repurchase the shares. It is not only propitious to advance the confidence of the market, but also makes for the market stability if the central enterprises increase the shareholdings of the listed companies.

Related posts:

1. New Actions from Central Banks All Over the World
   European Central Bank is likely to further cut interest rates in response to the deterioration...
2. The talk between the central government and private representatives of Dalai Lama
   Du Qinglin talks with deputations of the Dalai Lama but the great differences between the...
3. RMB Status Quo
   The world being together to cut interest rate, increasing the volatility of RMB The U.S....
4. “Chinese Farmers” in the Third Plenary Session of the 17th Central Committee
   Central Document: Realization of the same Treatment between the Migrant Workers and Urban Residents Xinhua...
5. Global Central Bank all cut Interest Rate to rescue the Market
   Central Bank of China decided to lower the Deposit Reserve Ratio and the Benchmark Deposit...