Total funds raised through initial public offerings (IPOs) in China are expected to rise nearly 47 percent to 152 billion yuan this year from 103.5 billion yuan in 2008.
The total funds raised through IPOs in China will reach 152 billion yuan ($22.19 billion) in 2009 as firms expect the IPO market to stabilize and pick up in the second half.
Chinese shares soared more than 3 percent in the first trading day of the new year, upon rises on peripheral markets and expectations for positive effect of the government's macroeconomic control efforts.
Signs are mounting that the government is determined to launch the long-awaited real estate investment trusts (REITs) to spur the sagging housing market.
China has increased the tax rebates for exports of 533 hi-tech and machinery products from January 1, 2009, as part of its efforts to help exporters struggling amid the global economic meltdown.
Chinadaily.com.cn presents "Industries", a fee-based information service, covering 16 industries that are updated each weekday. Subscribe to Industries today and get the latest on China's economy.
China has increased the tax rebates for exports of 533 hi-tech and machinery products from January 1, 2009, as part of its efforts to help exporters struggling amid the global economic meltdown.
Chinadaily.com.cn presents "Industries", a fee-based information service, covering 16 industries that are updated each weekday. Subscribe to Industries today and get the latest on China's economy.
China has increased the tax rebates for exports of 533 hi-tech and machinery products from January 1, 2009, as part of its efforts to help exporters struggling amid the global economic meltdown.
Chinadaily.com.cn presents "Industries", a fee-based information service, covering 16 industries that are updated each weekday. Subscribe to Industries today and get the latest on China's economy.
China has increased the tax rebates for exports of 533 hi-tech and machinery products from January 1, 2009, as part of its efforts to help exporters struggling amid the global economic meltdown.
Chinadaily.com.cn presents "Industries", a fee-based information service, covering 16 industries that are updated each weekday. Subscribe to Industries today and get the latest on China's economy.
China has increased the tax rebates for exports of 533 hi-tech and machinery products from January 1, 2009, as part of its efforts to help exporters struggling amid the global economic meltdown.
Chinadaily.com.cn presents "Industries", a fee-based information service, covering 16 industries that are updated each weekday. Subscribe to Industries today and get the latest on China's economy.
China has increased the tax rebates for exports of 533 hi-tech and machinery products from January 1, 2009, as part of its efforts to help exporters struggling amid the global economic meltdown.
Chinadaily.com.cn presents "Industries", a fee-based information service, covering 16 industries that are updated each weekday. Subscribe to Industries today and get the latest on China's economy.
China has increased the tax rebates for exports of 533 hi-tech and machinery products from January 1, 2009, as part of its efforts to help exporters struggling amid the global economic meltdown.
Chinadaily.com.cn presents "Industries", a fee-based information service, covering 16 industries that are updated each weekday. Subscribe to Industries today and get the latest on China's economy.
China's mergers and acquisitions (M&A) activity remained resilient in 2008 despite the global financial meltdown, according to information company Thomson Reuters.
Aeon Co, Japan's largest supermarket operator, is cutting spending on stores at home and slowing expansion in China as it battles the worst retail market in at least 30 years, according to its Chief Financial Officer Masaaki Toyoshima.
Many Chinese IT companies' hopes of hitting the initial public offering jackpot have evaporated amid hefty falls in global stock markets in the past few months.
Three Chinese steel companies -- Tangshan Iron and Steel Co., Handan Iron and Steel Group and Chengde Xinin Vanadium and Titanium Co. -- agreed on Tuesday to merge.
China Construction Bank became the fourth Chinese commercial bank allowed to do business in the United States, receiving a permit in December to open a branch in New York City.
China's outstanding foreign debt was $441.95 billion through September, up about 18.3 percent from the end of 2007, the State Administration of Foreign Exchange (SAFE) said on Friday.
