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| Shanghai Index Above 3,000 |
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| 11:02 AM ET July 01 2009 |
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Stocks indexes in China closed higher after the manufacturing index advanced. The rise lifted stocks of steel makers, equipment makers, realty companies and home builders. The Shanghai Composite index closed above 3,000, the highest close since June 2008 and rebound from a low of 1,706 in November. |
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| Hong Stocks Fall; GCL- Poly in $3.4 B Deal |
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| 12:02 PM ET June 23 2009 |
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Stocks in Hong Kong declined but in Shanghai edged up. The global market weakness and lower commodities prices dragged stocks in Hong Kong lower. GCL-Poly Energy agreed to acquire solar components maker Jiangsu Zhongneng Polysilicon for $3.4 billion. |
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| Coal Miners, Utilities in China Rise |
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| 11:13 AM ET June 18 2009 |
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Energy, mining and financials were among the most active stocks in Shanghai and Hong Kong. World Bank revised its China economic growth projection to 7.2% and estimated foreign exchange reserves to increase by $218 billion. Coal miners and electric utility companies surged. |
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| Stocks in HK, Shanghai Decline |
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| 10:46 AM ET June 16 2009 |
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Stocks in China region declined on the global worries and tired rally. China lowers its holdings of U.S. Treasury bonds and also committed to lend $10 billion to members of Shanghai Cooperation Organization. Commodities linked stocks traded lower. |
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| Resource Stocks Drag Hong Kong Index |
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| 1:53 PM ET June 15 2009 |
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Hong Kong stocks declined on a weakness in metals and mining sector. Shanghai closed higher. Foreign direct investment in China fell 18% in May. The yuan declined in Shanghai trading. |
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| China Auto Sales Surge; Financials Rally |
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| 9:28 AM ET June 09 2009 |
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China auto and commercial vehicles sales surge in May and for the year after the government offered tax rebates. China also boosted tax incentives to exporters of electronics and other products. Financials rallied on media speculation of a merger between Ping An and Shenzhen Development Bank. |
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| Global Rally on China Manufacturing Index |
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| 2:40 PM ET June 01 2009 |
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Stocks in Shanghai and Hong Kong surged after China reported third successive monthly expansion in manufacturing. The gain set-off a strong rally that expanded to Asian markets and supported indexes in Europe and the U.S. |
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| Chinese Rights Offerings; Stocks Weak |
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| 2:58 PM ET May 26 2009 |
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Investors are still digesting the impact of recent share sales announced or completed by several companies. Investors are still digesting the impact of recent share sales announced or completed by several companies.
In Hong Kong property stocks gained but in Shanghai energy related stocks fell. |
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| China Investors Turn Cautious; Lenovo Loss |
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| 8:50 PM ET May 21 2009 |
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Stocks in Shanghai and in Hong Kong are expected to trade lower after the U.S. dollar weakened and benchmark indexes in New York declined. Investors in China region are discounting the prospect of quick recovery in the region as investors shy away from risky assets. |
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| China Stocks Edge Lower; Tencent Surges |
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| 1:31 PM ET May 14 2009 |
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Stocks in Hong Kong and Shanghai fell after markets in the region tracked the losses in the U.S. and in Europe. Banks, electronics contractors and energy companies led the decliners. Tencent Holdings surged 10% and Foxconn declined 5%. |
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News... |
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