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Brokers' profits surge on stock-market rally
China's listed brokerage companies reported stellar performance last month as a stock-market rally boosted their profit margin.
Central China's Hubei issues 34.6 billion yuan municipal bonds
The Hubei Provincial Department of Finance issued 34.6 billion yuan of local government bonds by public tender through Ministry of Finance (MOF)-Shanghai Stock Exchange (SSE) Government Bonds Issuance System yesterday.
New development fund lanuched for Hainan FTZ
A new fund has been set up in China's southern province of Hainan on February 23 to facilitate the development of Hainan free trade zone (FTZ).
N.W. China’s Gansu to issue 8.9 billion yuan local government bonds
The Gansu Provincial Department of Finance will issue 8.9 billion yuan of local government bonds by public tender through Ministry of Finance (MOF)-Shanghai Stock Exchange (SSE) Government Bonds Issuance System on February 27.
Prudential eyes China's financial market opening-up
Prudential is evolving in China's open financial market, Mike Wells, the group chief executive of Prudential told Xinhua in a recent interview.
Nearly half of listed brokerage firms see profit up in January
Nearly half of China's listed brokerage firms saw their net profits rise in January compared to the same period last year, the China Securities Journal reported Tuesday.
How Can China’s Economy Maintain Steady Growth at a Challenging Time?
China needs to keep expanding its interconnectivity with global markets, promote the Belt and Road Initiative and enhance international and regional economic cooperation as well.
China to further M&As in steel industry
China will further promote mergers and acquisitions (M&As) in the steel industry to better control capacity, allocate resources and strengthen risk management.
Chinese and Japanese enterprises to jointly finance data centers in China
China's CITIC Construction, Japanese trading house ITOCHU, together with a Chinese financial institution, Monday signed a memorandum in Beijing to set up an investment fund for infrastructure assets of the data centers in China.
Chinese securities brokers earn less in punishing 2018
Securities brokerage firms listed in China saw sharp declines in revenues and profits in 2018, a brutal year during which the benchmark Shanghai Composite Index plunged over 24 percent, the China Securities Journal reported Tuesday.
Hong Kong, super-connector for Chinese firms to go global under B&R
Enterprises in the Chinese mainland have taken advantage of Hong Kong's "one country, two systems" and made use of its financial and international advantages to go global under the Belt & Road (B&R).
China to launch PPP regulations before the end of the year to support PPP dev.
China's central authorities plan to unveil regulations on Public-Private Partnership (PPP) in infrastructure and public service before the end of 2018, in a bid to fuel PPP development, reported China Securities Journal quoting authorities.
China-aided power generation stations put into operation in Kazakhstan
Two China-aided power generation stations aimed to promote the use of clean energy in Kazakhstan were officially handed over to relevant parties of Kazakhstan on November 30.
Algeria, China sign pacts ahead of 6-bln-USD mega phosphate project
Algeria and China on Monday signed cooperation documents for the implementation of a mega integrated project worth 6 billion U.S. dollars for the exploitation of phosphate in the eastern region of Algeria.
Shenzhen establishes two bail-out funds of RMB 17 bln for listed companies
Shenzhen Investment Holdings Co., Ltd., a state-owned capital operation platform, Wednesday established two private equity investment funds with a total scale of 17 billion yuan as bail-out funds for listed companies.
China CITIC Bank helps private enterprises to expand B&R market
China CITIC Bank has played an important role in supporting private enterprises to "go global" during the Belt and Road construction.
Will Japan and China cooperate on the BRI?
As relations between China and Japan continue to thaw recently, it is highly expected that China and Japan will jointly develop a third-party market under BRI framework.
China Citic Bank reports 6 pct net profit on-year growth in Q1-Q3
China Citic Bank Co., Ltd. (601998.SH) Thursday reported its revenue grew 5.27 percent from a year earlier to 121.384 billion yuan and its net profit rose 5.93 percent to 36.799 billion yuan in the first three quarters of 2018.
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