Archive for the 'Else' Category

2008 Chinese Spring Festival Holiday

Fund China in 2008, February 1 (Friday) to February 14 (Thursday), is a holiday. If you have any questions please contact this E-mail:

Fund index, 3% sharp drop

GUANGZHOU (Fund China) - Yesterday, the shanghai Shenzhen fund index opened high but tumbled along with the stock market’s sharp drop. SSE fund index plunged 172.68 or 3.31% to 5044.09 and SZSE fund index slumped 200.68 or 3.89% to close at 4964.21 points. These two bourses’ whole day trading amount is 3.756 billion yuan with […]

The deposit reserve ratio may raise again

GUANGZHOU (Fund China) - Although the bourse treasury bond Index rose slightly last week, the inter-bank treasury bond index market yield dropped sharply, the 1-year treasury bond yield fell 8 bp(basic point) reflecting a gradually bullish trend in the bond market.
Liu Hongbing, the manager of the China Nature Fortune Growth Fund indicated that, it is […]

Timing is significant in fund investment

GUANGZHOU (Fund China) - Miss Zhou is a new fund investors, but she is worried about which is the currect purchase time of fund. The experts from the Bank of Communications indicates that, fund investment is a long term financing tool.
Miss Zhou is suggested to take the fund fixed period and fixed quota service, every […]

RMB to dollar exchange rate set a record below 7.34 with a second largest rising margin 257 points

GUANGZHOU (Fund China) - The RMB exchange rate accelerated its plus pace quickly again boosted by the RMB appreciation at the end of this year. The RMB to dollar reference ratio plus 0.5% (the largest range approval by the exchange ratio policy) to 7.3696 compared 7.3696 in Friday, below 7.34 with a single day incresed […]

Speculating in the currence market can evade demand deposit ratio cut

GUANGZHOU (Fund China) - The demand deposit ratio encountered a cut since 5 years ago in the sixth interest ratio adjustment differed from the privious interest ratio plus. Oppositely, the lending rate over 5 years loan and the Housing Accumulation Fund ratio concerned closely with the citizen keep unmoved.some experts suggested to speculate in the […]

China should encourage foreign private equity to raise yuan funds

China should encourage foreign private equity firms to raise funds in yuan on the domestic market to absorb the country’s excess liquidity, Wu Xiaoling, deputy governor of the People’s Bank of China, said Thursday.
“Private equity funds have served as the accelerator of enterprises,” said Wu at the International Finance Forum held in Beijing.

HSBC Bank: New QDII products will be linked to 10 overseas funds

GUANGZHOU (Fund China) - HSBC (China) has been approved China State Administration of Foreign Exchange, the QDII project to purchase foreign exchange under the new investment amount 500 million US dollars. This is the second time for HSBC China approved QDII quotas, and thus become the first approved increase in the amount of foreign exchange […]

China’s listed companies see profits up 64% in 1st 3 quarters

China’s listed companies reported combined net profits in the first three quarters up by 64.18 percent from the same period last year, China Securities Journal, a newspaper run by Xinhua News Agency, reported on Wednesday.
All 1,512 listed companies on China’s Shanghai and Shenzhen stock exchanges, except China Shenhua Group, had published their earnings for the […]

HongKong, mainland offers raking in funds

Funds raised in mainland and Hong Kong initial public offerings (IPOs) are expected to exceed $50 billion for 2007, leading global services firm Ernst & Young said yesterday in Beijing.
Mainland and Hong Kong companies raised $14 billion through IPOs in the third quarter, double that of the previous year, according to an Ernst & Young […]