| China Market Update Archive: |
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GCL-Ploy Drops in HK; Banks Fall
Mar 18, 6:56 PM ET |
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| The benchmark indexes in Shanghai and Hong Kong closed lower on the euro zone worries. Media broadcasters closed higher after China is looking to approve integrated services. China Mobile 2009 net increased 2%. GCL-Poly declined after it reported a loss and did not issue dividend. |
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Investors Bid Up Stocks in Shanghai, HK
Mar 17, 6:38 PM ET |
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| Market indexes in Hong Kong rose more than 1.7% after the U.S. Fed left its lending rate unrevised. Shanghai indexes advanced tracking gains in commodities and resource stocks. Property developers gained for the third day in Hong Kong. Bank of China is to finalize its $7 billion stock sale. |
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Indexes in Shanghai, HK Diverge; Cosco Offering
Mar 16, 7:10 PM ET |
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| Stocks in Shanghai traded higher but in Hong Kong declined. Hong Kong government plans to release 4,000 apartments to cool property prices. Property developers declined in Hong Kong. Cosco Shipping Co. filed to raise $580 million to pay for twenty new ships. Coal prices decline for the sixth week. |
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China Lowers Exposure to U.S. Debt; Cnooc Deals
Mar 15, 9:51 PM ET |
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| China lowered its exposure to the U.S. bonds for the third month in a row in January but still retained the top holder of the U.S. government debt. CNOOC agreed to acquire a stake in Argentina based oil company for $3.1 with operations in Latin America. |
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Property Stocks Active in China; Air China Down
Mar 12, 4:01 PM ET |
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| The benchmark indexes in Shanghai and Hong Kong declined. Air China fell after it plans to raise more capital in a stock offering to repay debt. Property developers in Shanghai fell on the worries that tighter regulations may hamper future land sales. But, developers in Hong Kong edged higher. |
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China Inflation Accelerates, Loans Decline
Mar 11, 7:57 AM ET |
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| China reported a rise in inflation and industrial production in February driven by economic stimulus and seasonal factors. Inflation gained for the fifth month in a row and 16-month high. New loans declined to $103 billion but ahead of the 22% annual increase target set by the central bank. |
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China Trade Suprlus Shrinks; Property Prices Up
Mar 10, 3:27 PM ET |
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| China’s exports and imports in February gained at a slower pace than in January and trade surplus declined to a one-year low. The surplus in the first two months dropped 50%. Bank of China sees new loans to increase 10% in the year around. Residential and commercial property prices increased 10.7%. |
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China Southern to Raise $1.6 B; Stocks Rise
Mar 08, 6:03 PM ET |
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| Stocks in Hong Kong surge tracking gains in the U.S. markets after unemployment was unchanged in February at 9.7%. China Southern Airline plans to raise 10.75 billion yuan to repay some of its 60 billion yuan debt. ICBC said 2009 loan growth was the fastest in three years. |
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China Stocks Rebound, Await Political Direction
Mar 05, 6:47 PM ET |
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| Stocks in Hong Kong surged tracking the gains in New York. Property developers and banks closed higher. In Shanghai trading stocks were subdued awaiting more news from the political convention. FAW Car reported 50% rise in 2009 earnings. |
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
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