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Energy Sector Retains Early Gains as Chinese Mainland Markets Close Mixed
(Yicai Global) Sept. 16 -- China's energy and software firms came out on top today amid a mixed performance on the mainland stock markets. The Shanghai Composite Index fell 0.02...
Chinese Battery Makers Earned 63.7% More Profit in First Seven Months
(Yicai Global) Sept. 16 -- The biggest battery manufacturers in China made CNY16.5 billion (USD2.3 billion) in profit from January through July, an annual gain of 63.7 percent, according to...
Chinese Trains Carried 371 Million Passengers in August to Set New Single-Month High
(Yicai Global) Sept. 16 -- Trains in China transported some 371 million passengers last month, rising 9.8 percent, or 3 million, over the same period last year and setting a...
China's Fixed Asset Investment Rose 5.5% Jan.-Aug.; Infrastructure Spending Seen Rosy
(Yicai Global) Sept. 16 -- China's investment in fixed assets rose 5.5 percent to CNY400.6 billion (USD56.7 billion) in the January to August period, according to data the National Bureau...
China Imported More Coal, Oil Last Month as Domestic Production Slowed
(Yicai Global) Sept. 16 -- China imported more raw coal and crude oil in August as domestic output of both commodities slowed, the National Bureau of Statistics said today. The...
China's Unemployment Rate Slid to 5.2% in August
(Yicai Global) Sept. 16 -- China's unemployment rate slid by 0.1 percentage point on the month to 5.2 percent in August, according to data published by the National Bureau of...
Chinese Property Firms Invested 10.5% More on Development in First Eight Months
(Yicai Global) Sept. 16 -- Chinese real estate companies invested almost CNY8.5 trillion (USD1.2 trillion) from January through August, up 10.5 percent annually, the National Bureau of Statistics said today....
Chinese Retailers Sold 7.5% More Consumer Goods in August
(Yicai Global) Sept. 16 -- China's retail sales of consumers goods rose 7.5 percent on the year to CNY389.6 billion (USD55.1 billion) in August, according to data published by the...
Energy Stocks Take Lead as Chinese Mainland Markets Start Higher
(Yicai Global) Sept. 16 -- Shares in energy firms were the largest gainers this morning as stock markets on the Chinese mainland began higher. The Shanghai Composite Index opened at...
PBOC Strengthens Yuan by 189 Bips to 7.0657 a Dollar
(Yicai Global) Sept. 16 – The People's Bank of China lowered the yuan's central parity rate by 189 basis points this morning, strengthening the yuan to 7.0657 a dollar. The...