Individual shareholders to enjoy record bonus

Individual shareholders of Yunnan Chihong Zinc & Germanium Co will enjoy the biggest bonus in the history of China's A-share market.

Agency to invest forex reserves

The Finance Minister confirmed that China would set up an agency to invest a portion of the country's foreign exchange reserves.

China's first national over-the-counter (OTC) equity bourse is likely to be set up soon in Tianjin in an effort to diversify its capital market.

Venture capital investment on the Chinese mainland registered continued growth in 2006.

The Shenzhen Stock Exchange has set a month-end deadline for member brokers to appoint chief technical officers.

China's stock market correction was long overdue, but won't hurt growth. The 9 percent drop last week was relatively small.

A total of 206 out of the more than 1,400 Chinese listed companies reported a close to 90 percent rise in profits in 2006.

Guangzhou Automobile Group Co, one of China's top automakers, said it will revive its plan for an initial public offering (IPO).

Bright Dairy & Food Co Ltd, China's fourth-largest milk producer by sales, will increase its liquid milk output by 20 percent in 2007.

Bank of Communications (BoCom), China's fifth-largest lender, posted a 33 percent jump in profit last year.

Shenzhen Stock Exchange will roll out a growth enterprise market as soon as possible, said Zhang Yujun, the exchange's general manager.

As China's economy faces mounting inflation, many believe that increasing the interest rate is the solution.