BEIJING, Dec. 10 (Xinhua) — Locked-up shares worth about 51.66 billion yuan (about 7.5 billion U.S. dollars) will become eligible for trade on the Shanghai and Shenzhen stock exchanges next week. About 4.8 billion shares from 48 companies will become tradable on the exchanges from December 12 to 16, according to RoyalFlush Information, a financial […]

BEIJING, Dec. 10 (NsNewsWire) — China on Friday expressed concern over the European Commission’s anti-dumping investigations into Chinese corrosion-resistant steel, the latest in a series of trade measures against Chinese products this year. “China is paying close attention to and worried about the European Union (EU)’s tendency toward steel protectionism,” said Wang Hejun, a senior […]

BEIJING, Dec. 8 (Xinhua) — Chinese stocks closed lower Thursday, with the benchmark Shanghai Composite Index edging down 0.21 percent at 3,215.37 points. On the fourth day of the Shenzhen-Hong Kong stock link, the smaller Shenzhen index closed 0.40 percent lower at 10,812.3 points. Turnover on the two exchanges rose to 454.6 billion yuan (66.1 […]

NEW YORK, Dec. 8 (NsNewsWire) — Starbucks said on Wednesday that its fast-growing China market could one day eclipse that in the U.S.. The company unveiled its five-year strategic plan at its biennial investor conference on Wednesday in New York City, reports Xinhua. According to the plan, the company eyes to grow revenue by 10 […]

HONG KONG, Dec. 6 (Xinhua) — INFINITI released its global sales figures for November Tuesday, showing total November sales were up 5 percent year on year. In China, sales hit record, with a 6 percent increase compared with the same month last year. Total November sales of more than 20,000 were up 5 percent versus […]

LHASA, Dec. 6 (Xinhua) — The number of passengers handled by Lhasa Konggar Airport in Tibet exceeded 3 million this year, showing the rapid development of its civil aviation industry. The airport in Lhasa, capital of Tibet Autonomous Region, opened in 1965. It saw passenger numbers exceed 1 million in 2006 and 2 million in […]

TOKYO, Dec. 6 (Xinhua) — Tokyo shares closed higher Tuesday as investors shake off political uncertainty in Italy sparked by Italian Prime Minister Matteo Renzi’s lose in a referendum over his proposals for constitutional reforms. The 225-issue Nikkei Stock Average ended up 85.55 points, or 0.47 percent, from Monday at 18,360.54. The broader Topix index […]