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Media
Hong Kong stocks rose 188.26 points, or 0.88 percent to close at 21,517.00 at midday in the shortened session on Thursday ahead of a Christmas break, tracking Wall Street's overnight rise. Overnight, the Dow Jones Industrial Average ended up 1.51 points, or 0.01 percent, at 10,466.44, its fourth consecutive gain. The blue-chip Hang Seng Index traded be...
Chinese equities surged 2.6 percent on Thursday as coal and metal producers rallied. The benchmark Shanghai Composite Index up 2.59 percent, or 79.63 points, to close at 3,153.41 points. The Shenzhen Component Index gained 3.84 percent, or 492.01 points, to close at 13,305.31 points. Combined turnover doubled to 202.26 billion yuan ($29.7 billion), fr...
All of the 28 shares at ChiNext, China's start-up board for small and medium-sized enterprises were up on Thursday. The board, which is based in Shenzhen and started trading on October 30, 2009, is tailored to the needs of enterprises engaged in independent innovation and other enterprises with great growth potential. Source: BizChina
Train maker China CNR Corp raised 13.9 billion yuan ($2 billion) selling shares on the Shanghai Stock Exchange, completing the country's status as the world's biggest market for initial public offerings (IPO) this year. CNR sold 2.5 billion shares at 5.56 yuan apiece, the top of its price range, according to a filing to Shanghai's stock exchange yester...
Ford is close to selling its Volvo unit to China's Geely Group and expects a final deal early next year, the US auto giant said in a statement. "Ford Motor Company confirmed today that all substantive commercial terms relating to the potential sale of Volvo Car Corporation have been settled between Ford and Zhejiang Geely Holding Group," the statement sa...
The subway snag on Tuesday has cast doubt on some locals who say they are concerned about their safety on one of the world's biggest metro systems. According to a street poll by China Daily yesterday, more than one third of 30 pedestrians interviewed say they don't feel safe on the subway while some said they may take the metro less frequently after Tue...
China said yesterday it would impose temporary anti-dumping tariffs on carbon-steel fastener imports from the European Union following a year-long investigation. The measure comes close on the heels of the EU decision on Tuesday night to extend for another 15 months anti-dumping tariffs on shoe imports from China despite strong opposition from some Europe...
The Chinese government will resume a harsher property sales tax to curb speculation in the housing market from January 1 of next year, the Ministry of Finance announced Wednesday. Prompted by fears of a bubble in the housing market, the government is to extend the taxable period on home sales to five years from date of purchase. The government cut the p...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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