Guoyuan Securities Co Ltd<000728> reported RMB 130 million in net profit attributable to its parent company in the first quarter of this year, up 32.30% from a year earlier, and basic earnings per share were RMB 0.089, according to a statement it released on Monday.In the first three months, its operating income...
China Pacific Insurance (Group) Co<601601>, the country's third largest life insurer by premiums, reported net profit of RMB 200 million in the first quarter of this year, down 88.88% year on year, according to a statement it released on Sunday.The drop in profit is primarily a result of write-offs from equity investment,...
Hong Kong stocks fell on Monday, with the benchmark Hang Seng Index decreasing 418.43 points or 2.74% to close at 14,840.42.Mainboard turnover rose to HK$53.012 billion. The Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises...
China Construction Bank Corp (CCB)<601939><939>, one of the country's Big Four state-owned commercial banks, reported a net profit of RMB 26.3 billion (US$3.85 billion) for the first quarter of this year, down 18.22% from a year earlier, according to a statement CCB released on Friday....
Chinese stocks ended slightly lower on Monday, mainly dragged by stocks in the agriculture, food, liquor and steel sectors.The benchmark Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, decreased 1.77% or 43.25 points to 2,405.35 points after fluctuating...
China Merchants Bank Co Ltd<600036><3968>, the nation's fifth largest bank by market value, announced that its net profit surged 38.27% from the previous year to RMB 21.08 billion. The earnings per share were RMB 1.43, indicating a year-on-year increase of 37.5%....
Hong Kong stocks declined 416.03 points or 2.73% to end the morning session at 15,160.69 points, with mainboard turnover standing at HK$31,713 billion.The Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock...
Chinese stocks ended slightly lower in the morning trading session on Monday led by market heavy weights.The Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, edged down 1.2% or 29.44 points to close at 2,419.15 points in the morning session....
Ping An Insurance (Group) Co<601318><2318>, China's second-largest insurer, plans to vote against the sale of Fortis' assets to France-based BNP ParibasThe Chinese insurer, which has a 4.81% stake in Fortis, said in a statement that it would not approve the revised terms of a deal at shareholder meetings in...
China, which holds the world's largest foreign exchange reserves, saw its gold reserves reach 1,054 tons by the end of 2008, up 75% or 454 tons from 2003, according to statistics released by the State Administration of Foreign Exchange.China had 600 tons of gold reserve in 2003. The country adjusted its...