Media
Media
Chinese equities recovered Thursday from Wednesday's plunge after the central bank pledged Wednesday night to firmly stick to the moderately easy monetary policy and consolidate the recovery momentum of the economy. The benchmark Shanghai Composite Index rose 1.69 percent, or 55.13 points, to finish at 3,321.56. The Shenzhen Component Index gained 1.54...
China would firmly stick to its moderately easy monetary policy and concrete the recovery momentum of the country's economy, said vice governor of China's central bank on Wednesday. Su Ning, Vice Governor of the People's Bank of China (PBOC) made the remarks in a meeting held in the bank's Shanghai-based headquarter, saying a proactive fiscal policy a...
China's banking regulator Wednesday announced a plan to set up financial institutions in 1,294 rural locations by 2011 to boost rural development. The new outlets -- 1,027 township banks, 106 lending firms and 161 rural mutual cooperatives -- would be established in addition to the existing 118 rural institutions established since 2006, the China Banking...
The Beijing-Shanghai High-Speed Railway has not yet planned to be listed, Zhang Shuguang, chief of the transportation department of the Ministry of Railways (MOR), said at a recent news conference held by the ministry. However, the listing for the existing Beijing-Shanghai Railway is being researched, with further actions yet to be initiated, Zhang told C...
The China Securities Regulatory Commission (CSRC) has banned 205 people from trading in the country's stock market as of June 30, and 55 of them are banned for lifetime, said the CSRC Wednesday. This is one of a series of punishment made by the CSRC on market malpractices since October 2006, when the CSRC reformed its law-enforcing mechanism. The securit...
Profit in China's 71 major steel enterprises totaled 3.55 billion yuan ($519.77 million) in June, expanding from May when the tables turned after seven-month losses, according to statistics from China's steel association. This compared with a combined profit of 1.04 billion yuan in the 71 large- and medium-sized steel mills in May. Their aggregate profi...
China Construction Bank (CCB), the country's second largest commercial bank by market value, said Tuesday its yuan-denominated loans totaled 708.5 billion yuan ($103.7 billion) in the first half. The loans increased by 19.77 percent over the same period last year, said the CCB in a report on its website. The rise in credit was extended mainly to the co...
China's outstanding loans to the rural sector grew 11.9 percent year-on-year to 7.59 trillion yuan ($1.11 trillion) in the first half, accounting for 20.8 percent of the country's total outstanding loans, said a report from the People's Bank of China, the country's central bank, Tuesday. Small credit loans outstanding from rural households stood at 25...
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
qq.com