Market tumbles in 'over-due' correction

The Chinese stock market yesterday received a jolt from profit-taking by institutional investors, which sent the key indicator down 4.9 percent.

ABC expects cash injection to prepare IPO

The Agricultural Bank of China (ABC) will have its capital increased by Central Huijin Investment Co in the first half of this year.

Standard Chartered Bank will provide staple commodity derivatives to Chinese enterprises to help reduce losses from price fluctuations.

Deutsche Bank said it favors banking, infrastructure, health care, consumer goods sectors in its 2007 China investment strategy.

Major foreign institutional investors, known as QFIIs said they are shifting more of their interest to "undervalued" stocks in the Chinese market.

International financial giants are lobbying Chinese regulators to let them trade the nation's pioneering stock-index futures.

China's banking regulators have banned commercial banks from giving loans for stock investment.

Shanghai market rebounded after the release of a huge amount of capital that had been bound to subscriptions to the Industrial Bank.

GE Asset Management Incorporated, a global investment firm yesterday announced that it had won a US$200 million investment quota.

The two stock exchanges issued emergency notices ordering brokerages to upgrade online trading systems.

China's corporate bond market looks set for a breakthrough in reforms this year that is likely to end issuance quotas.

The China Banking Regulatory Commission has told banks to prevent personal loans from flowing into the red-hot stock market.