In the spirit of the Beijing Olympics set to begin on Friday, we thought it would be fun to apply a CNBC twist to the summer games. Which World Market Index is poised to win the gold?
China's main stock index sank more than 3 percent to a fresh 16-month closing low on Tuesday, led by financial and property shares, on worries about rising interest rates and heavy supplies of shares from IPOs.
A rally is always something to get excited about, particularly after a market fall of around 50%. And that's exactly what Chinese stocks are experiencing at the moment. The Shanghai Composite Index is up 17% the past week. However a rally is not a trend change ...
Chinese stocks sank to a fresh 12-month low in tiny turnover on Tuesday, undermined by a continued slide in property shares.
Beijing has called for a halt to red-chip companies, or China-backed firms incorporated and listed in Hong Kong, listing their shares in Shanghai amid a weak mainland stock market, a Hong Kong newspaper reported on Monday.
China's insurance regulator, in draft regulations soliciting public comment, is moving to curb fundraising by insurers, requiring that they seek regulatory approval first, state media said on Tuesday.
China's Ping An Insurance will "prudently" consider the size and timing of its planned fund-raising after Beijing warned companies against big share sales, the Shanghai Securities News reported on Tuesday.
China has changed over the last quarter-century from a largely planned system closed to international trade to a major player in the global economy.
U.S. Web giant Yahoo will subscribe for 10% of the shares to be sold by China's largest e-commerce company, Alibaba.com, according to a term sheet, in an initial public offering that is expected to raise roughly $1 billion.
Shares in China Construction Bank, the country's No.2 bank by assets, jumped 33% in their Shanghai debut on Tuesday, as analysts predicted higher earnings growth compared with other big Chinese lenders.
China is expected to set up a long-delayed Nasdaq-style stock exchange next year, an industry official was quoted on Monday as saying.
Speculation is swirling that data on Thursday could show a spike in June inflation that would increase the chances of a fresh round of policy tightening, according to economists and market participants.
China Coal Energy said it would issue up to 1.525 billion class-A shares in a public offering of shares in Shanghai, raising funds to develop major coal related projects in China.
Shenhua Energy, China's top coal producer, said on Tuesday it is planning a Shanghai share listing that could raise up to US$6.3 billion to help acquire assets in China and overseas.
Most Chinese stocks fell on Thursday after Premier Wen Jiabao warned that authorities would tighten policy further to prevent the economy from overheating. But speculators continued pushing up many small-capital shares.
Rising prices, fast-growing incomes and wealth created by a record stock market rally propelled Chinese retail sales growth to a three-year high in May. China's National Bureau of Statistics said the value of retail sales in May was $93.87 billion, 15.9% more than a year earlier and handily beating forecasts of a 15.3% gain.
China's market watchdog has drawn up rules to allow non-mainland registered, Hong Kong-listed domestic firms -- known as red chips -- to list on the country's bourses, state-backed newspapers said on Friday.
A senior central banker urged investors on Wednesday to keep faith in China's turbulent share market, saying the government's policies were geared towards supporting a sound, rising trend.
The Chinese authorities decided to raise stock trading stamp duty to 0.3% starting on Wednesday from the current 0.1%, a move seen as a bid to clamp down on the overheated market.
The number of stock accounts in China has likely exceeded 100 million for the first time, as investors are lured to a market which has jumped 60% so far this year, the official ShanghaiSecurities News said on Tuesday.