New mutual fund hits sales quota on 1st trading day

China's fund frenzy continued unabated with a newly-approved mutual fund fully subscribed on its first trading day.

China aims to launch stock index futures in 1st half

Chinese regulators are aiming to open the country's markets to stock index futures in the first half of this year.

Banks and brokers in Hong Kong are showing interest in issuing derivatives related to mainland-listed stocks.

The second batch of bonds for the 2010 Shanghai World Expo have mostly been snapped up by eager corporate investors.

Investor enthusiasm for funds may wane as a result of yesterday's stock market plunge, according to analysts.

China's Ministry of Finance said on Monday it will issue 30 billion yuan (US$3.87 billion) worth of certificate treasury bonds next month.

Copper futures in Shanghai surged by 4 percent yesterday, helped by a price rally in London and speculation of increased domestic demand.

The State Administration of Foreign Exchange granted 15 banks overseas investment quotas totaling US$13.4 billion in 2006.

China is likely to allow its first-tier brokers to issue covered warrants for heavyweight stocks in the middle of the year.

The State Administration of Foreign Exchange (SAFE) has approved investment quotas for two qualified foreign institutional investors (QFIIs).

The country's top economic planner has set a 2007 quota of 98.7 billion yuan (US$13 billion) for the issuance of corporate bonds.

The securities watchdog has given the go-ahead for five new mutual funds after a two-month hiatus in approvals.