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Source: Xinhua Published: May 08, 2012 11:22
Chinese stocks opened slightly lower on Tuesday, with the benchmark Shanghai Composite Index down 0.02% to open at 2,451.57.
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Source: Global Times Published: May 08, 2012 00:00
The government of Hotan prefecture, Xinjiang Uyghur Autonomous Region, issued a circular yesterday that threatens officials with penalties if caught profiting from investing in jade businesses, to stop officials from abusing their power to profit from the "jade rush," in which excessive mining has a...
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Source: Global Times - Agencies Published: May 08, 2012 00:00
Subsidy program failsA nationwide subsidy program for rural consumers failed to spur home appliance sales in rural China amid the economic slowdown in the first four months of this year, according to data released by the Ministry of Commerce (MOFCOM) Monday.
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Source: Global Times Published: May 08, 2012 00:00
China's first physical iron ore trading platform is set to debut today, helping the world's biggest buyer of the commodity boost its price-setting power.
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Source: Global Times Published: May 07, 2012 23:55
China's top stock market regulator Guo Shuqing said Monday at a forum in Beijing that his agency will resolutely fight IPO price fixing practices by underwriters who take gifts from issuers.
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Source: Reuters Published: May 07, 2012 23:55
China will let retail investors trade in a nationwide over-the-counter market for non-public companies similar to the US OTC Bulletin Board, a top securities regulator said Monday.
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Source: Global Times Published: May 07, 2012 23:50
China Asset Management Co (ChinaAMC), one of the country's largest fund management companies by assets, announced Monday that the company's star fund manager Wang Yawei has resigned for "personal reasons". Experts said the massive pullouts of funds triggered by the news will soon be over.
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Source: Global Times Published: May 07, 2012 22:45
The Chinese mainland stock market ended close to even Monday as further consolidation may be needed, analysts said.
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Source: Global Times Published: May 07, 2012 22:40
Chinese copper and petrochemical futures fell Monday as international markets dragged down domestic prices in the wake of the French and Greek elections Sunday.
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Source: Global Times Published: May 07, 2012 22:40
The Dalian Commodities Exchange (DCE), which mostly trades in agriculture commodities, has launched a simulated options trading program covering all of the contracts trading on the bourse as a first step toward introducing options trading across the country, the exchange announced yesterday.
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