China Power jumps on market debut
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Shares in China Power International jumped in the electricity generator&#39;s Hong Kong debut Friday following a hugely popular initial public offer.
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Chinese stocks rose to a new high Thursday, surging past the previous peak set in 2001 amid renewed confidence in the country's markets and expectations for a stronger local currency.
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A $3 billion investment from China's government leapfrogs CEO Stephen Schwarzman past rivals.
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China made its debut last night in the club of the world's leading economic powers, asinternational pressure mounts to change a decade-old currency peg that critics accuse of giving Chinese products an unfair competitive edge.
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To many investors and analysts, the massive sell-off Tuesday was just the latest indication that share prices in China have been defying expectations.
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China Construction Bank  said on Tuesday it was launching an initial public offer of shares that is expected to be China's biggest, raising more than $7 billion.
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In Chinaâs largest domestic initial public offering so far, PetroChina, Chinaâs biggest oil and gas conglomerate, said it raised $8.93 billion.
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Growth in Chinese industrial output picked up last month, boosted by strong export demand, figures show.
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Shares in Brazil's leading stock exchange surge after listing for the first time.
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FLEDGLING space power China today launched a satellite from a remote desert region for a short-term scientific mission, state media reported.
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Rising space power China provided a rare peek into its top-secret launch center Wednesday, capitalizing on its recent success in orbit to promote the military-funded project as a lure for foreign investment and a key to growing prosperity.
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Alibaba.com, operator of China's largest online trading site for companies, almost tripled on its first day of trading after its initial public offering in Hong Kong, making the stock four times more expensive than Google relative to earnings.
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THE stock market opened higher today as industrials stocks mitigated the effects of a weaker resources sector. &quot;Commodity prices are generally weaker on renewed speculation of weaker demand in China,&quot; Wilson HTM senior client adviser Angus Bligh said.
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China made its debut last night in the club of the world's leading economic powers, as international pressure mounts to change a decade-old currency peg that critics accuse of giving Chinese products an unfair competitive edge.
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The first turbine generator on the right bank of China's massive Three Gorges Dam, the world's biggest hydropower project, has started operations, state media reported Monday.
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HONG KONG (Dow Jones)--Hutchison Telecommunications International Ltd.&#39;s (2332.HK) debut on the Hong Kong Stock Exchange Friday paled in comparison to China Power International
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China's central bank on Thursday raised  interest rates for the first time in nearly a decade in its  boldest move yet to guide its heated economy to a path of  slower growth.