30358 Stories, most recent news story added Thu Nov 26, 1:59 pm ET
Shares of China Minsheng Banking Corp. make a tepid debut in spite of heavy subscriptions for Hong Kong’s largest initial public offering of 2009, as the bank’s high valuations and an overhang of policy tightening in China’s banking industry damp investor sentiment.
Nov. 26 (Bloomberg) -- Fidelity International’s Anthony Bolton said China’s “attractive” economic growth lured him to move to Hong Kong to set up a fund focusing on the country as recovery in the U.S. and Europe “runs out of steam.”
Nov. 26 (Bloomberg) -- China, the biggest producer of greenhouse gases, set its first numerical target to slow their growth a day after the U.S. offered its own goal, giving impetus to next month’s global climate-protection talks.
Nov. 26 (Bloomberg) -- Chinese Premier Wen Jiabao will attend next month’s climate-change summit in Copenhagen, the government said. “China attaches great importance to the issue of climate change,” Foreign Ministry Spokesman Qin Gang told reporters in Beijing today.
Nov. 25 (Bloomberg) -- Bank of China Ltd. , the nation’s third-largest lender by market value, had its biggest two-day decline in 5 months in Hong Kong after saying yesterday it is studying “various options” to replenish capital.
Nov. 26 (Bloomberg) -- China, the world’s biggest polluter, set its first target aimed at slowing the growth of carbon dioxide emissions, less than two weeks before global leaders meet to negotiate a new climate change treaty.
(AP:HONG KONG) Shares of major lender China Minsheng Banking Corp. slid more than 3 percent in their first day of trade in Hong Kong Thursday amid anxiety this year's stimulus-fed credit surge might weigh on the industry's profits.
Nov. 25 (Bloomberg) -- China Pacific Insurance (Group) Co. said it won regulatory approval from the mainland’s China Securities Regulatory Commission to sell as many as 990 million shares in Hong Kong, according to a filing to Shanghai’s stock exchange today.
Nov. 26 (Bloomberg) -- China Resources Gas Group Ltd. rose the most in more than a year in Hong Kong after saying it plans to form a venture with the State-Owned Assets Supervision and Administration Commission to expand its mainland business.
Nov. 26 (Bloomberg) -- China’s stocks slumped, driving the benchmark index to its biggest drop in almost three months, on concern banks will sell more shares to meet swelling loan demand.
The commitment from the world's largest polluter builds momentum ahead of a widely anticipated climate conference in Copenhagen next month. China pledges to reduce emissions by up to 45 percent as measured against its economic output.
Nov. 26 (Bloomberg) -- China’s excess industrial capacity is “wreaking far-reaching damage on the global economy,” stoking trade tensions and raising the risk of bad loans, the European Union Chamber of Commerce in China said.
Nov. 26 (Bloomberg) -- China’s excess industrial capacity is “wreaking far-reaching damage on the global economy,” stoking trade tensions and raising the risk of bad loans, the European Union Chamber of Commerce in China said.
Nov. 26 (Bloomberg) -- China’s excess industrial capacity is “wreaking far-reaching damage on the global economy,” stoking trade tensions and raising the risk of bad loans, the European Union Chamber of Commerce in China said.
Nov. 26 (Bloomberg) -- China’s excess industrial capacity is “wreaking far-reaching damage on the global economy,” stoking trade tensions and raising the risk of bad loans, the European Union Chamber of Commerce in China said.
(AP:HONG KONG) Shares of major lender China Minsheng Banking Corp. tumbled more than 8 percent in their first day of trade in Hong Kong Thursday amid anxiety this year's stimulus-fed credit surge might weigh on the industry's profits.
Nov. 26 (Bloomberg) -- China’s stocks fell as concern banks will have to raise capital to meet swelling loan demand dragged financial companies lower.
China promised Thursday to slow its carbon emissions, saying it would nearly halve the ratio of pollution to GDP over the next decade -- a major move by the world's largest emitter, whose cooperation is crucial to any deal as a global climate summit approaches.
China promised Thursday to slow its carbon emissions, saying it would nearly halve the ratio of pollution to GDP over the next decade -- a major move by the world's largest emitter, whose cooperation is crucial to any deal as a global climate summit approaches.
China says it is aiming for a big boost in energy efficiency by cutting carbon dioxide emissions per unit of gross domestic product by up to 45 percent by 2020.
Nov. 25 (Bloomberg) -- China ordered domestic gas producers to operate at high rates and increase imports of the fuel to ease a shortage in the world’s second-biggest energy user.
