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AsiaInfo Services articles from March 2009

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<a href="http://www.highbeam.com/AsiaInfo+Services/publications.aspx?date=200903" title="Articles and back issues from AsiaInfo Services">AsiaInfo Services articles</a>

AsiaInfo Services back issues from March 2009:

60% OF TAIWAN-MADE AGRI PRODUCTS ENJOY FREE TARIFF

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 60% of Taiwan-made Agri Products Enjoy Free Tariff SHENZHEN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The value of agricultural products imported from Taiwan and enjoying free tariff in Shenzhen Port has amounted to USD 1.6717 ...

SHANGDONG TO BUILD & UPGRADE 30,000 RURAL SHOPS

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Shangdong to Build & Upgrade 30,000 Rural Shops JINAN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The provincial government of Shandong, East China say that up to 30,000 rural shops and 200 regional goods distribution centres ...

EXPO OF AGRICULTURAL MEANS OF PRODUCTION OPENS IN ANHUI

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Expo of Agricultural Means of Production Opens in Anhui ANHUI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The fifth Expo of Agricultural Means of Production in Yellow Sea and Huaihai Sea area is to open in Suzhou, Anhui Province in ...

SOUTH CHINA VEGETABLES PRICES RALLY, DUE TO SNOW, RAIN

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 South China Vegetables Prices Rally, due to Snow, Rain BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Prices of finished product of grains in China inched up on March 1 over February 28 and prices of vegetables grew in China's ...

PING AN BANK FUELING EXPANSION

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Ping An Bank Fueling Expansion SHENZHEN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Shenzhen Ping An Bank, the banking unit of Ping An Insurance (Group) Company of China, Ltd. (Ping An, SHSE: 601318 and SEHK: 2318), gained approval ...

BANK OF AMERICA MAY SELL MORE CHINA CONSTRUCTION BANK SHARES

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Bank of America may Sell More China Construction Bank Shares BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Bank of America Corporation (NYSE: BAC) may further decrease its stake in China Construction Bank Corporation (SHSE: ...

AGRICULTURAL DEVELOPMENT BANK TO ISSUE CNY350BN BONDS IN 09

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Agricultural Development Bank to Issue CNY350bn Bonds in 09 BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Agricultural Development Bank of China plans to issue CNY 350 billion financial bonds in 2009, hiking 25% from CNY 280 ...

TAIWAN FIRM BREWS SEMICONDUCTOR LIGHTING PLANT IN SHANDONG

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Taiwan Firm Brews Semiconductor Lighting Plant in Shandong JINAN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Taiwan's second largest semiconductor maker Formosa Epitaxy plans to establish a big-sized semiconductor lighting plant in ...

CHINA EMBEDDED EQUIPMENT GROWS FAST

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 China Embedded Equipment Grows Fast BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Embedded products and netbooks are expected to seek fast growths in future, an executive for Intel China forecasted recently at the ...

CHINA 08 WASHER EXPORT UP 9.49%

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 China 08 Washer Export Up 9.49% BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China reached a washing machine export volume of 14.681 million with a 9.49% rise year on year in 2008, according to a data report by the China ...

SUNING 08 NET PROFIT SOARED 48.09%

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Suning 08 Net Profit Soared 48.09% SHENZHEN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Suning Appliance Co., Ltd. (SZSE: 002024) earned a net profit of CNY 2.17 billion for the 2008 fiscal year, with a 48.09% rise year on year, the ...

NEUSOFT FAILS TO MERGE DALIAN HI-THINK

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Neusoft Fails to Merge Dalian Hi-Think SHENYANG, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Dalian Hi-Think Computer Technology Corporation (DHC) has decided to suspend its plan to merge with Neusoft Corp. (SHSE: ...

ASE KAOHSIUNG PLANS TO SET UP PLANTS IN CHONGQING

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 ASE Kaohsiung Plans to Set up Plants in Chongqing SHENZHEN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- In response to some reports said lately that Taiwan-based ASE Kaohsiung was about to set up plants and build six buildings in ...

KONKA KUNSHAN LCD MODULE PROJECT BREAKS EARTH

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Konka Kunshan LCD Module Project Breaks Earth KUNSHAN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Shenzhen-headquartered TV maker Konka Group Co., Ltd. announced recently that its liquid crystal display (LCD) module production base ...

SUNING 2008 NET PROFIT LEAPED 48.09%

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Suning 2008 Net Profit Leaped 48.09% SHENZHEN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Suning Appliance Co., Ltd. (SZSE: 002024) posted a net profit of CNY 2.17 billion for the full year 2008, leaping 48.09% from CNY 1.465 ...

KONKA LCM PRODUCTION BASE STARTS CONSTRUCTION

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Konka LCM Production Base Starts Construction KUNSHAN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Konka Group Co., Ltd. (SZSE: 000016) started the construction of a liquid crystal module (LCM) production base in the eastern Chinese ...

HITACHI SAID TO DOWNSIZE TV OPERATION IN MAINLAND CHINA

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Hitachi Said to Downsize TV Operation in Mainland China BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Japan-based electronics titan Hitachi, Ltd. (NYSE: HIT) is likely to scale back its TV business in Mainland China in a ...

DHC TERMINATES MERGER DEAL WITH NEUSOFT

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 DHC Terminates Merger Deal with Neusoft SHENZHEN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Chinese outsourcing company Neusoft Corporation said its plan to purchase Dalian Hi-Think Computer Technology Corp (DHC) in a major asset ...

WEST-TO-EAST GAS PIPELINE II NO.1 TUNNEL RAN THROUGH

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 West-to-East Gas Pipeline II No.1 Tunnel Ran through YILI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The No.1 tunnel of the West-to-East Natural Gas Transmission Project Pipeline II lately ran through in Guozigou, Yili Prefecture, ...

SHANGHAI COMMODITY HOUSE SALES UP 50.5% IN FEB

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Shanghai Commodity House Sales Up 50.5% in Feb SHANGHAI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Aggregate 763,000 square meters of commodity houses were sold in Shanghai in February 2009, rising 50.5% or 256,000 square meters ...

SHENYANG TO POUR CNY13BN INTO RAILWAY CONSTRUCTION IN 09

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Shenyang to Pour CNY13bn into Railway Construction in 09 SHENYANG, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The northeastern Chinese city of Shenyang, Liaoning Province, lately announced that it would invest CNY 13 billion in the ...

CHINA 10 REALTY GIANTS HAD STOCKED 19.72MN-SQM HOUSES

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 China 10 Realty Giants Had Stocked 19.72mn-sqm Houses SHENZHEN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Ten Chinese real estate tycoons had accumulated a combined house stockpile of 19.72 million square meters by February 27, ...

CHINA CEMENT INDUSTRY PROFITS SAID TO GROW GRADUALLY IN 09

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 China Cement Industry Profits Said to Grow Gradually in 09 BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Executive chairman of Anhui Conch Cement Company Limited (SHSE: 600585) Guo Jingbing forecasts that profits in the ...

SHANGHAI SHIMAO SHIFTS TO COMMERCIAL PROPERTY DEVELOPMENT

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Shanghai Shimao Shifts to Commercial Property Development SHANGHAI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Shanghai Shimao Co., Ltd. (SHSE: 600823) has shifted from small and medium house development into commercial property ...

CHINA TO REMOVE FOOD QUALITY INSPECTION EXEMPTIONS

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 China to Remove Food Quality Inspection Exemptions BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China has decided to remove the food quality inspection exemptions earlier granted to food producers in a bid to restore ...

GRAND PARK OTARU TO DEBUT IN WUXI

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Grand Park Otaru to Debut in Wuxi SHENZHEN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Grand Park Otaru, a department store chain under the aegis of Singapore-headquartered Park Hotel Group, will soon make its debut in China, ...

GUANGZHOU GRANDBUY 08 EPS TO CNY0.89, DIVIDENDS, CNY56MN

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Guangzhou Grandbuy 08 EPS to CNY0.89, Dividends, CNY56mn GUANGZHOU, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Guangzhou Grandbuy Co., Ltd. (SZSE: 002187) earned net profits attributable to shareholders of more than CNY 142 million ...

COCA-COLA BOARD MEMBERS AGAINST BID FOR CHINA JUICE GROUP

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Coca-Cola Board Members against Bid for China Juice Group SHENZHEN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- U.S. beverage heavyweight Coca-Cola is confronting opposition from some of its board members over a bid to take over ...

SUNTECH POWER SUSPENDS PRODUCTION EXPANSION

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Suntech Power Suspends Production Expansion WUXI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Wuxi Suntech Power Co., Ltd. (NYSE: STP), one of China's solar energy giants, suspended its production expansion in the fourth quarter of ...

PETROCHINA TO EXPLOIT COALBED METHANE IN LINXIAN

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 PetroChina to Exploit Coalbed Methane in Linxian LINXIAN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- PetroChina Coalbed Methane Co., Ltd. lately entered into a coalbed methane exploration and exploitation cooperation agreement with ...

CHINA SOUTHERN POWER GRID SAW POWER CONSUMPTION REBOUND

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 China Southern Power Grid Saw Power Consumption Rebound GUANGZHOU, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China Southern Power Grid, two of the country's state-owned power grid investors and operators, announces that the power ...

GUANGDONG NO. 2 HYDROPOWER ENGINEERING WINS NEW ORDER

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Guangdong No. 2 Hydropower Engineering Wins New Order GUANGZHOU, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Guangdong No. 2 Hydropower Engineering Group Co., Ltd. (SZSE: 002060) wins a CNY 2.7-billion B-T contract in Zhanjiang City, ...

PETROCHINA SOUTH AMERICA PRODUCED 10.56MN-TON CRUDE IN 08

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 PetroChina South America Produced 10.56mn-ton Crude in 08 BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- PetroChina (South America) Co., Ltd. saw its crude oil output hit 10.56 million tons in 2008, surging 2.06 million tons ...

INNER MONGOLIA DISCOVERED 100MN-TON OILFIELD

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Inner Mongolia Discovered 100mn-ton Oilfield SIZIWANG, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- A new oilfield has been discovered in Weijing Area of Siziwang Banner in the Inner Mongolia Autonomous Region, with a preliminary ...

SINO-RUSSIA OIL PROJECT MAY START CONSTRUCTION NEXT YEAR

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Sino-Russia Oil Project May Start Construction Next Year TIANJIN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China National Petroleum Corporation (CNPC), a leading oil producer in the country, and Rosneft, a state-controlled oil ...

SL PHARMACEUTICAL 08 NET SOARED 61.01%

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 SL Pharmaceutical 08 Net Soared 61.01% BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China's genetic engineering drugs producer Beijing SL Pharmaceutical Co., Ltd. (SZSE: 002038) reaped net profit of CNY 217 million in the ...

CONBA PHARMACEUTICAL NET PROFITS FELL 13.34% IN 08

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Conba Pharmaceutical Net Profits Fell 13.34% in 08 SHANGHAI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Traditional Chinese medicine producer Zhejiang Conba Pharmaceutical Co., Ltd. (SHSE: 600572) gained net profits of CNY 91.9736 ...

LUKANG PHARMACEUTICAL TO INTEGRATE ANIMAL DRUG ASSETS

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Lukang Pharmaceutical to Integrate Animal Drug Assets HEZE, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Chinese antibiotics producer Shandong Lukang Pharmaceutical Co., Ltd. (SHSE: 600789) will integrate its animal drug assets, so as ...

SANYA TO BUILD INTERNATIONAL TCM RECUPERATION CENTER BY 2015

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Sanya to Build International TCM Recuperation Center by 2015 SANYA, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- A 2009-2015 Sanya City regional health scheme has passed argumentation by experts, according to the government of Sanya ...

ING SAID TO POSTPONE CHINA JV CONSOLIDATION

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 ING Said to Postpone China JV Consolidation BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Dutch financial group ING reported a loss of EUR 1 billion for 2008. The loss delivered little impact on its two Chinese life ...

INSURERS ALLOWED TO MAKE PROPERTY INVESTMENT

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Insurers Allowed to Make Property Investment BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- According to the revised Insurance Law of People's Republic of China, Chinese insurers are allowed to make investment in realty from ...

1ST ROUND OF BID FOR AIA ASSETS ENDED

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 1st Round of Bid for AIA Assets Ended BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- US insurer American International Group, Inc. (AIG) has kicked off the sale of part of the assets of its Asia-focused life insurance unit ...

YONG AN PROPERTY IS FINED CNY300,000

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Yong An Property Is Fined CNY300,000 XI'AN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Yong An Property Insurance Co., Ltd. recently was fined CNY 300,000 by the China Insurance Regulatory Commission (CIRC), the top Chinese ...

CNY114.1BN SOLVENCY PREMIUMS FOR LIFE INSURERS IN 08

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 CNY114.1bn Solvency Premiums for Life Insurers in 08 BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Life insurance companies' solvency premiums reached CNY 114.1 billion at the end of 2008, an increase of CNY 48 billion from ...

CHINA TO ENHANCE LIFE INSURANCE CAPITAL REGULATION

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 China to Enhance Life Insurance Capital Regulation BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The China Insurance Regulatory Commission (CIRC) will impose rigid capital control on the Chinese life insurance sector in 2009, ...

CIITF 2009 TO INAUGURATE IN MAY

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 CIITF 2009 to Inaugurate in May SHENZHEN, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China Internet Investment & Trade Fair 2009 (CIITF 2009), jointly hosted by the Internet Society of China and the Shenzhen Bureau Science ...

TAOBAO.COM DEBUTS TIME-LIMITED EXPRESS POLICY

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Taobao.com Debuts Time-limited Express Policy BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Taobao.com, China's largest online consumer-to-consumer (C2C) marketplace, recently debuted a time-limited logistics ...

CHINA 08 ONLINE GAME MARKET SURGED TO CNY20.8BN

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 China 08 Online Game Market Surged to CNY20.8bn BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- The size of China's online game market surged to CNY 20.78 billion, with a 52.2% growth year on year, according to a 2008-2009 ...

TUDOU.COM TEAMS UP WITH CHINA FILM GROUP

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Tudou.com Teams up with China Film Group BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Tudou.com, a popular online video sharing site in China, has entered into a partnership with China Film Group Corporation to build up the ...

JACK MA: ALIBABA TO HIRE SILICON VALLEY ENGINEERS

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Jack Ma: Alibaba to Hire Silicon Valley Engineers BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Chinese e-commerce leader The Alibaba Group plans to absorb engineers from Silicon Valley in the US, in a bid to sharpen the ...

CHINA TO SET UP STATE ASSET MANAGER

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 China to Set up State Asset Manager BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China's State-owned Assets Supervision and Administration Commission (SASAC) of the State Council accelerates the pace of setting up a ...

PARENT SELLS ASSETS TO WULIANGYE

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Parent Sells Assets to Wuliangye CHONGQING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Wuliangye Yibin Co., Ltd. (000858.SZ) on February 24, 2009 announced to buy the package material, paper box and related assets from Wuliangye ...

CHINA A-SHARE MARKETS SAW CNY60BN CAPITAL OUTFLOW LAST WEEK

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 China A-share Markets Saw CNY60bn Capital Outflow Last Week SHANGHAI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- While CSI 300 Index tumbled by 8.69 percent in the trading week ended February 27, aggregate CNY 59.498 billion capital ...

CHINA ORIENT ASSET MANAGEMENT 08 PROFIT UP 20.8%

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 China Orient Asset Management 08 Profit Up 20.8% BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- China Orient Asset Management Corporation, one of four state asset management companies in the country, made CNY 366 million profit ...

CNY29BN FLOWED OUT OF CHINA A-SHARE MARKET LAST WEEK

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 CNY29bn Flowed out of China A-share Market Last Week SHANGHAI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Institutional investors withdrew CNY 29.03 billion capital from the Chinese yuan-denominated A-share markets in Shanghai and ...

CHINA SECURITIES FIRMS SAW COMMISSION SOAR IN FEB.

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 China Securities Firms Saw Commission Soar in Feb. SHANGHAI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- As trading value on the Chinese yuan-denominated A-share markets swelled in February, securities companies in China raked in ...

BANK OF CHINA INVESTMENT MANAGEMENT WINS QDII STATUS

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Bank of China Investment Management Wins QDII Status SHANGHAI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Bank of China Investment Management Company, a unit under Bank of China, has won an overseas securities investment and ...

ZHEJIANG PLANS CNY500MN VC FUND

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Zhejiang Plans CNY500mn VC Fund ZHEJIANG, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Zhejiang Province is to set up a venture capital investment fund with an initial size of CNY 500 million, which will mainly invest in start-up and ...

MORNINGSTAR CHINA OPEN-END FUND INDEX ROSE 3.11% IN FEB

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Morningstar China Open-end Fund Index Rose 3.11% in Feb BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Morningstar China Open-end Fund Index went up 3.11% in February 2009. In detail, Morningstar China Stock Fund Index ...

28.916BN SHARES TO BE UNLOCKED IN MAR.

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 28.916bn Shares to Be Unlocked in Mar. SHANGHAI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Up to 28.916 billion Chinese yuan-denominated shares are set to become tradable in March 2009, 12.938 billion more than those in the ...

REDEEM OF SSE50ETF HITS NEW HIGH

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Redeem of SSE50ETF Hits New High SHANGHAI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Net 717 million shares of Shanghai Stock Exchange 50 ETF were redeemed last week, a record weekly high. SSE 50 ETF plunged 6.25 percent ...

CLOSED-END FUNDS DIVE LAST WEEK

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Closed-End Funds Dive Last Week SHANGHAI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Average discount rate of closed-end funds expanded in February to 26.95 percent and many funds saw the discount rates rebound above 30 percent, ...

GAO HUA SECURITIES OKED TO OWN 100% OF EAST ASIA FUTURES

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Gao Hua Securities OKed to Own 100% of East Asia Futures BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Beijing Gao Hua Securities Co., Ltd. was approved to wholly control Shanghai-based East Asia Futures Ltd., according to the ...

PENGHUA CSI 300 INDEX FUND STARTS FUNDRAISING

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Penghua CSI 300 Index Fund Starts Fundraising BEIJING, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- Penghua CSI 300 Index Fund, a LOF (listed open-end funds) index fund managed by Penghua Fund Management Co., Ltd., kicks off ...

INDEX FUNDS FELL 8.02% LAST WEEK

Mar 02, 2009 ... AsiaInfo Services 03-02-2009 Index Funds Fell 8.02% Last Week SHANGHAI, Mar 02, 2009 (SinoCast Daily Business Beat via COMTEX) -- During the week ended March 1, 2009, index funds suffered the steepest net value decline among all open-end funds, dropping 8.02%, mainly due to ...