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NPC Session Sends Stock Market Soaring |
China's two stock exchanges in Shanghai and Shenzhen reported a hefty rise Tuesday when the legislative body of the National People's Congress (NPC) began its annual session. |
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"It Will Be Clear for China's Stock Market after Rain Storm": Economist |
China's stock market enjoys bright prospects and "it will be clear for the stock market after a rain storm," Xiao Zhuoji, a renowned economist, said. |
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Chinese Stock Market Value Shrinks by 9.5 Percent |
The Chinese stock market dropped by 9.5 percent last year to 4.35 trillion yuan (about 526. 2 billion U.S. dollars), according to the National Bureau of Statistics (NBS). |
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New Rules Unlock Sino-foreign Securities Companies |
In a bid to tighten supervision and standardizing the practices in the securities market, January 7 saw China Securities Regulatory Commission (CSRC) issue new regulations on securities companies. According to the new rules, the Sino-foreign joint-venture brokerages will be allowed if their formations follow Chinese rules and the CSRC's requirements. |
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China to Protect Stock Investors' Interests |
Chinese legal professionals are urging the nation to set up a civil compensation mechanism to better protect stock investors' interests. Such a mechanism should be designed to help investors who have suffered losses from stock irregularities seek judicial remedy, said Gao Xiqing, vice-chairman of the China Securities Regulatory Commission, the nation's stock market watchdog. |
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Scheme's Halt Spurs Stock Markets |
Analysts hope the suspension of a State-share sale programme will cause China's stock market to surge upward, but they caution that any gain will not be as large as the previous dips,according to today's China Daily. |
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PT Zhonghao: 3rd Company to Be Delisted by Shenzhen Stock Exchange |
The Shenzhen Stock Exchange announced October 22 that it would no longer grant a grace period to PT Zhonghao, this means that the company will withdraw from the stock market following PT Narcissus and PT Guangdong Kingman. |
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Report: China to Allow Foreign Firms to List On Stock Mart |
China plans to allow foreign companies to list on its fast-growing stock markets as it pushes ahead with efforts to join the World Trade Organization (WTO), a press report said Sunday. |
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Morgan Stanley: China Stock Market Slump Normal |
Mario Francescotti, president and managing director of Morgan Stanley Dean Witter Asia Pacific, Wednesday said in Beijing that the recent slump of China stock market is just a rectification to the original over-high prices which have exceeded the actual value of the stocks and an adjustment aimed at bringing the prices back to the normal level. |
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Over 200 Domestically Listed Companies Establish Independent Director System |
As Laura Cha, Vice-Chairwoman of China Securities Regulatory Commission (CSRC) released Monday, an incompletely statistics shows a total of 314 independent directors have been established by domestically listed companies by now. |
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Weekly Review: China's A-share Markets |
China's two A-share markets in Shanghai and Shenzhen were mixed most of this week on Monday £¬Tuesday and Thursday and Friday. |
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China to Lower Threshold for Listing |
China will cut requirements on enterprises for going public in amending its securities law, which will offer listing opportunities to a large number of enterprises, revealed a senior official with the Sate Economic and Trade Commission on Monday. |
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Shanghai Stock Market Sets New Record |
The Shanghai composite A and B-share index breached the 2,200-point benchmark Thursday to hit a record high of 2,205.01 points during the morning session. |
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CSRC Official: Insurance Capital Welcomed to Enter Capital market |
Tu Guangshao, secretary-general of China Securities Regulatory Commission (CSRC), expressed recently that CSRC welcomes the entry of the insurance funds into the capital market. |
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Shanghai Bourse Halts Trading of Three Stocks |
The Shanghai Stock Exchange announced Monday that it has halted the trading of stocks of three listed companies because they have lost money for three consecutive years. |
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China Lists Top Twenty Best-performing Securities Firms |
The Securities Association of China announced the top 20 best-performing securities companies for the financial year of 2000 Monday. |
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PT Narcissus Shareholders Sued SSE and CSRC |
Nine shareholders of PT Narcissus Electric Appliances on April 25 lodged a complaint against Shanghai Stock Exchange (SSE) and China Security Regulatory Commission (CSRC) for PT Narcissus investment losses brought by their self-contradictory "Regulations" at the First Intermediate People's Court of Shanghai. |
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On Delisting of Money-losing Listed Companies: CSRC Officials |
Talks on the delisting of money-losing listed companies were made respectively by Zhou Xiaochuan, chairman of the China Securities Regulatory Commission (CSRC) and Anthony Neoh, chief advisor to the CSRC at the China International Investment Forum on April 26. |
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China to Gradually Allow Foreign Enterprises to Get Listed on A-share Market |
As more and more foreign-funded enterprises have shown intention to seek listing on the A-share market, vice premier Wu Bangguo said recently that China has committed itself to the reform of the examination system, and there are already some joint-venture enterprises having got listed on China's capital market. He said China will give support to joint-venture enterprises to get listed in the mainland in accordance with the actual situation, clearly expressing that joint-venture enterprises will have opportunities to get listed on the Chinese stock market. |
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China's Securities Market Ranks Third in Asia |
It is learned from the ongoing World Economic Forum- 2001 China Business Summit that China's securities market has ascended to the third place in Asia, next only to those of Tokyo and Hong Kong. |
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