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<a href="http://www.highbeam.com/AsiaPulse+News/publications.aspx?date=200701" title="Articles and back issues from AsiaPulse News">AsiaPulse News articles</a>

AsiaPulse News back issues from January 2007:

BANGLADESHI FIRM SETS UP NEW GARMENT COMPANY.

Jan 01, 2007 ... DHAKA, Jan 1 Asia Pulse - A Bangladeshi company named Rhythm Dressmakers Limited will set up a garment firm in the Karnaphuli EPZ by investing $US2.536 million. The planned garment-manufacturing unit is estimated to annually produce readymade garments, including shirts, blouse, ...

INDIA'S CURRENT ACCOUNT DEFICIT WIDENS TO $US6.9BLN.

Jan 01, 2007 ... MUMBAI, Jan 1 Asia Pulse - India's current account deficit widened to $US6.9 billion in the second quarter of this fiscal year, compared to $US3.6 billion in the year-ago period, the Reserve Bank of India (RBI) said on Thursday. The deficit accrued despite an $US11 billion ...

INDONESIA GOVT GIVES GREEN LIGHT FOR NUCLEAR POWER PLANT.

Jan 01, 2007 ... JAKARTA, Jan 1 Asia Pulse - The Indonesian government will soon issue a regulation on licencing nuclear reactors, paving the way for the construction of a nuclear power plant by 2010, an official said. "The State Secretariat has verbally informed us of the regulation and will ...

INDONESIAN TELKOM PROJECTS 47PCT GROWTH IN FLEXI-PHONE SERVICES.

Jan 01, 2007 ... JAKARTA, Jan 1 Asia Pulse - State-run telecommunications company PT Telekomunikasi Indonesia has projected a 47 per cent growth (6.023 million) in Flexi phone connections (SSF) in 2007, up from 4.1 million SSF this year, a spokesman said. Telkom therefore needs as many as 934 ...

INDONESIAN, S. KOREAN CENTRAL BANKS SIGN SECOND SWAP AGREEMENT.

Jan 01, 2007 ... JAKARTA, Jan 1 Asia Pulse - The Bank of Korea and Bank Indonesia have signed a second bilateral swap arrangement (BSA), allowing the two countries to secure short-term loans from each other through a rupiah-for-dollar or won-for-dollar swap to a maximum value of US$2 billion. ...

MEFCOM AGRO SET TO RAISE STAKE TO 25PCT IN INDO-AUSTRALIAN JV.

Jan 01, 2007 ... MUMBAI, Jan 1 Asia Pulse - Mefcom Agro Industries (BSE:511276) said it is to raise its stake to 25 per cent in the equity capital of the Chennai-based Gypcrete Building India (GBIL), a manufacturer of energy-saving building materials. The Board of Directors of the company at ...

US, INDIA SET UP WORKING GROUP TO BOOST TRADE IN LEGAL SERVICES.

Jan 01, 2007 ... WASHINGTON, Jan 1 Asia Pulse - India and the United States have set up a working group to promote greater interaction between legal professionals and to facilitate trade in legal services between the two countries. Announcing the formation of the group, which comprises legal ...

CHINA'S STEEL INVENTORY SWELLS IN 2006.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - China's steel production hit 424.93 million tons in Jan.-Nov., up 24.8 per cent year on year, according to a report by the National Development and Reform Commission (NDRC) on Dec. 28. Along with the rising output comes the swelling inventory of major ...

HONG KONG'S COFCO INTERNATIONAL CARRIES OUT INTERNAL RESHUFFLE.

Jan 01, 2007 ... HONG KONG, Jan 1 Asia Pulse - An internal reshuffle by COFCO International (HKSE:0506K), the Hong Kong-listed vehicle of China's largest foodstuff trader China National Cereals, Oils & Foodstuffs Corporation (CNCOFC), was proceeding as planned, the Hong Kong company's president Qu Zhe said ...

INDONESIA'S CEPU BLOCK DELAYS LAUNCH OF OPERATIONS.

Jan 01, 2007 ... JAKARTA, Jan 1 Asia Pulse - The Cepu block in the border area of Central and East Java will start turning oil only in the first quarter of 2009, one quarter later than originally scheduled. The block, operated by ExxonMobil and state-owned oil and gas company PT Pertamina, would ...

AUSTRALIA LOOKS TO STEADY GROWTH ON COMMODITIES BASE IN 2007.

Jan 01, 2007 ... SYDNEY, Jan 1 Asia Pulse - The new year is shaping up as another year of steady growth as the economy continues to cash in on the global commodity price boom. High and rising household debt will keep the domestic economy in low gear, but rising export volumes will keep the ...

AUSTRALIAN BANKS LOOK TO SUSTAINED GROWTH IN 2007.

Jan 01, 2007 ... MELBOURNE, Jan 1 Asia Pulse - Australia's big four banks look set for another year of sustained growth, although the financial institutions may be stretched to match the record annual profits already achieved. Lending growth remains strong, costs are being managed while bad and ...

JAKARTA BOURSE POSTS THIRD-FASTEST GROWTH RATE IN ASIA.

Jan 01, 2007 ... JAKARTA, Jan 1 Asia Pulse - The Jakarta Stock Exchange (JSX) recorded a 55.3% increase in the composite price index (CPI) this year, the third-fastest in Asia, after those of the Shanghai and Shenzen stock exchanges. The steep rise indicated the improved confidence of investors ...

TURKEY'S KORDES GLOBAL ACQUIRES BRANTA MULIA.

Jan 01, 2007 ... JAKARTA, Jan 1 Asia Pulse - Kordes Global of Turkey had acquired 51.29% of publicly listed tire cord producer PT Branta Mulia at a price of around US$51 million, an official of the Indonesian company said. Branta Mulia Director Andry Pribadi told the Jakarta Stock Exchange (JSX) ...

SOUTH KOREA'S EXPORTS FORECAST TO REACH $US360BLN IN 2007.

Jan 01, 2007 ... SEOUL, Jan. 2 Asia Pulse - Exports are expected to remain South Korea's main growth engine, with overseas shipments likely to reach US$360 billion in 2007, government officials and private economists say. This projection comes despite concerns that the global economy will slow ...

UNCERTAINTY SURROUNDS 2007 SOUTH KOREAN PRESIDENTIAL RACE.

Jan 01, 2007 ... SEOUL, Jan. 2 Asia Pulse - A year of presidential polls started in South Korea, but utter unpredictability reigns in the nation's political community. The widespread uncertainty stems mainly from a long list of presidential hopefuls, which include at least six from the main ...

YEAR OF THE PIG SIGNALS WEALTH AND HAPPINESS.

Jan 01, 2007 ... SEOUL, Jan. 2 Asia Pulse - Koreans who experienced financial and other problems in 2006 are pinning their hopes on the upcoming year of the pig, known as the guardian of wealth and happiness. This year is exceptional as it is the year of the golden pig, which only comes around ...

FOREIGN INSTITUTIONAL INVESTMENT IN INDIA SLIPS IN 2006.

Jan 01, 2007 ... MUMBAI, Jan 1 Asia Pulse - Overall foreign institutional investment (FII) in the Indian equity market slipped to below billion in 2006 - far below the 2005 level - due to selling by FIIs to the tune of Rs 10.5 billion ($US237.4 million) on Thursday. FIIs invested US $10.701 ...

INDIAN FOREX RESERVES RISE LATE IN 2006.

Jan 01, 2007 ... MUMBAI, Jan 1 Asia Pulse - India's forex reserves went up by US $714 million to stand at $US176.233 billion during the week ended December 22, as against $US175.519 billion during the week ended December 15. The reserves were up down by $US75 million during the preceeding week ...

TAIWAN'S FIRST LADY OUT OF HOSPITAL AFTER COLLAPSING AT TRIAL.

Jan 01, 2007 ... TAIPEI, Jan 1 Asia Pulse - First lady Wu Shu-jen was released from National Taiwan University Hospital (NTUH) on Sunday, 16 days after low blood pressure caused her to faint during the first hearing of her embezzlement trial. NTUH spokesman Lin Ho-hsiung said Wu's blood ...

TAIWAN EASES RULES ON INVESTMENT IN FOUNDRIES ON MAINLAND.

Jan 01, 2007 ... TAIPEI, Jan 1 Asia Pulse - Taiwan authorities eased a restriction on local wafer foundries' investment in China Friday, by allowing them to produce eight-inch wafers using 0.18 micrometer technology there. The decision was announced jointly by the Ministry of Economic Affairs ...

TAIWAN PREMIER URGES CHIPMAKERS TO INCREASE DOMESTIC INVESTMENT.

Jan 01, 2007 ... TAIPEI, Jan 1 Asia Pulse - Taiwanese Premier Su Tseng-chang urged local semiconductor manufacturers Saturday to replace their old production facilities and increase their investment in Taiwan, now that the government has relaxed its restrictions on allowing Taiwan wafer production ...

TAIWAN BEGINS BUILDING MOBILE WIRELESS ONLINE ENVIRONMENT.

Jan 01, 2007 ... TAIPEI, Jan 1 Asia Pulse - Taiwan will start its "Mobile Taiwan" program at the beginning of 2007 in an effort to build a "boundless" Internet communication network on the island to facilitate mobile and wireless online services, the Council for Economic Planning and Development (CEPD) ...

TAIWAN'S 2007 WHALE SHARK FISHING QUOTA CUT TO 30.

Jan 01, 2007 ... TAIPEI, Jan 1 Asia Pulse - The Council of Agriculture (COA) has decided to cut the country's whale shark, Rhincodon typus, fishing quota for 2007 to 30 from this year's 60 to underscore its commitment to fishery resources conservation, an official said Sunday. Noting that the ...

LOW EMPLOYMENT, HOME PRICES TO WEIGH ON SOUTH KOREA'S ECONOMY.

Jan 01, 2007 ... SEOUL, Jan. 2 Asia Pulse - Despite brisk growth last year, concerns are mounting over what lies in store for the Korean economy in 2007 as low employment and soaring house prices are feared to drag domestic spending further below previously expectated levels, economists say. ...

INDIA'S EXTERNAL DEBT RISES IN SEPT 2006.

Jan 01, 2007 ... NEW DELHI, Jan 1 Asia Pulse - Higher External Commercial Borrowings, NRI (non-resident Indian) deposits and short-term debt pushed up India's external debt by 3.3 per cent to .5 billion in September 2006, compared to the previous quarter. External debt rose by $US4.3 billion ...

INDIAN REGULATOR EYES SMES, INVESTOR PROTECTION IN 2007.

Jan 01, 2007 ... MUMBAI, Jan 1 Asia Pulse - With stock markets booming and the Sensex reaching close to the 14,000 level as 2006 draws to an end, regulator SEBI is widely expected to push investor protection funds and working toward bringing small and medium enterprises into the capital market to promote ...

S. KOREA'S R&D BUDGET TO RISE TO US$10.48 BLN IN 2007.

Jan 01, 2007 ... SEOUL, Jan 1 Asia Pulse - The South Korean government said Monday that it will allocate 9.76 trillion won (US$10.48 billion) to research and development in 2007. The sum represents an annual gain of 9.6 per cent or 853.4 billion won, the Ministry of Science and Industry said. It ...

STOCKS - NEW YEAR'S DAY PUBLIC HOLIDAY - JAN 1, 2007.

Jan 01, 2007 ... SYDNEY, Jan 1 Asia Pulse - Due to the New Year's Day public holiday, a number of Asian bourses are ...

SOUTH KOREAN NEWSPAPER HIGHLIGHTS - JAN 1, 2007.

Jan 01, 2007 ... SEOUL, Jan 1 Asia Pulse - The following are the top headlines in major Korean newspapers on Jan 1. Vernacular dailies: - Admit difference and seek coexistence: New Year message (KYUNGHYANG SHINMUN) - S. Koreans want a president who can read public opinions ...

CROSS-STRAIT VISITS VIA 'MINI THREE LINKS' TOTAL 278,000: DGBAS.

Jan 01, 2007 ... TAIPEI, Jan 1 Asia Pulse - People from both side of Taiwan Strait made 278,000 visits via the "mini three links" in the first 10 months of this year, an increase of 18.3 per cent over the same period of last year, according to Directorate General of Budget, Accounting and Statistics ...

VODAFONE SHAREHOLDERS DIFFER ON HUTCH-ESSAR BID.

Jan 01, 2007 ... LONDON, Jan 1 Asia Pulse - British telecoms giant Vodafone's plans to acquire India's fourth-largest mobile operator Hutch-Essar has received mixed reactions from some of its key shareholders, with a few of them raising concern over the high valuation of the deal, media reports said. ...

TAIWAN'S DECLARED LAND VALUE FOR 2007 UP 4.11% ON AVERAGE.

Jan 01, 2007 ... TAIPEI, Jan 1 Asia Pulse - The Ministry of the Interior (MOI) is set to promulgate Jan. 1 the declared value and declared prices of land around the country for 2007, with declared land value increasing 4.11 per cent on average and declared land prices rising 10 per cent on average. ...

U.N. CHIEF BAN CALLS FOR S. KOREA TO PLAY WIDER ROLE OVERSEAS.

Jan 01, 2007 ... UNITED NATIONS, Jan 1 Asia Pulse - Ban Ki-moon, who is set to begin his first day in office as the U.N. Secretary-General on Jan. 2 here, called for his home country South Korea to play a larger role in the international society. The 62-year-old former foreign minister also ...

NT DOLLAR MUST BE ONLY CURRENCY CIRCULATING IN TAIWAN: OFFICIAL.

Jan 01, 2007 ... TAIPEI, Jan 1 Asia Pulse - Taiwan cannot allow China's currency, the renminbi, to circulate in Taiwan and must insist that the New Taiwan dollar be the only currency used in its territory to symbolize national sovereignty, Taiwan's top monetary official said Sunday. Perng ...

CHINA URGED TO BEEF UP SERVICES TRADE.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - China's Ministry of Commerce (MOC) on December 28 published the Report on Service Trade Development in China, urging China to seize the opportunities occurred in current service trade transfer. The report points out the focus of international ...

NATURAL GAS PURIFYING PLANT TO BE BUILT IN CHINA.

Jan 01, 2007 ... CHENGDU, Jan 1 Asia Pulse - The China National Petroleum Corporation (CNPC) will invest 500 million yuan ($US64.04 million) to construct a large natural gas purifying plant in Longyi County of Southwest China's Sichuan Province. The plant, designed to be capable of ...

EU'S THREE NEW TECHNICAL BARRIERS TO HIT CHINA'S EXPORTS.

Jan 01, 2007 ... HANGZHOU, Jan 1 Asia Pulse - Zhejiang Provincial Economic and Trade Commission on December 28 issued a pre-warning that the European Union (EU) will successively implement three technical trade barriers in 2007 and 2008, which may hit China's export of mechanical and electronic products, ...

HITACHI INVESTS IN NEW MACHINERY FIRM IN EAST CHINA.

Jan 01, 2007 ... HEFEI, Jan 1 Asia Pulse - A foundation stone was laid on December 28 for the TCM Anhui Machinery Co., Ltd, a subsidiary of Japan's Hitachi TCM Corporation, in the Hefei Economic and Technology Development Zone in East China's Anhui province. This was the third project to be ...

CHINA'S POWER SUPPLY, DEMAND SEEN TO BE BALANCED IN 2007.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - The supply and demand of electric power in China will be balanced in 2007 though regional imbalances with tight supply in some regions and oversupply in some others will also appear, according to a forecast made by Wang Yonggan, secretary general of the China ...

CHINA'S NONFERROUS METALS SHOW BRIGHT PROSPECTS FOR 2007.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - Despite the fact that economic growth worldwide is slowing down, China, which accounts for over 50 per cent of the world's demand for metals, is expected to report a fast growth economy in 2007. As a result, metal ore supply, though eased somewhat, ...

CHINA'S EXPORT OF NICKEL RISES SHARPLY IN JAN-NOV.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - In the first 11 months of last year, China's export of nickel and its products reached 240,000 tons, valued at US$430 million, increasing 36.8 per cent and 47.5 per cent respectively year on year, according to the latest custom statistics. Exports of ...

CHINESE NEWSPAPER HIGHLIGHTS - DEC 30, 2006.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - Highlights of yesterday's newspapers: PEOPLE'S DAILY - Chinese President Hu Jintao on December 29 said he hoped the Hong Kong people would sustain their sound development and continue to contribute to future prosperity. - ...

CHINA IMPORTS LESS COPPER SULPHIDE CONCENTRATE AT HIGHER PRICE.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - China imported 3.245 million tons of copper sulphide concentrate in January-November 2006, down 12 per cent year on year, involving a trade volume of US$5.39 billion, up 63.1 per cent year on year, according to customs statistics on December 29. In ...

BANK OF EAST ASIA TARGETS 40PCT OF PROFITS FROM MAINLAND.

Jan 01, 2007 ... HONG KONG, Jan 1 Asia Pulse - Benefiting from deregulation of the financial market on the Chinese mainland, business on the mainland will contribute 30-40 per cent of the total profit of the Bank of East Asia in the coming five years, Dr. Hon David Li Kwok-po, chairman and chief executive ...

SMEs ACCOUNT FOR 60% OF CHINA'S TOTAL IMPORT AND EXPORT.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - Ou Xinqian, vice chairman of China's National Development and Reform Commission, revealed that China's small and medium-sized enterprises contributed to 60 per cent of the country's total import and export in 2006 and made up above 80 per cent of China's more ...

CHINA'S CENTRAL BANK TO FURTHER TIGHTEN MONETARY POLICY IN 2007.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - As ample fluidity is expected to last, analysts hold that the People's Bank of China, China's central bank, will continue to strengthen fluidity control in 2007 by employing such tools as central bank bills and the required reserve rate. In order to ...

CHINA'S CHERY AUTO TO ACT AS OEM PRODUCER FOR CHRYSLER GROUP.

Jan 01, 2007 ... WASHINGTON, Jan 1 Asia Pulse - China's Wuhu-based Chery Automobile Co. Ltd. will act as an OEM producer for the United States automaker Chrysler Group, a subsidiary of the German-based DaimlerChrysler. The models involved in the deal will be those upgraded from Chrysler's ...

CHINESE NEWSPAPER HIGHLIGHTS - DEC 31, 2006.

Jan 01, 2007 ... BEIJING, Dec 31 Asia Pulse - Highlights of today's newspapers: PEOPLE'S DAILY: - Chinese President Hu Jintao and other leaders of the country on December 30 watched Beijing Opera in Beijing to celebrate the New Year. - Chinese Premier Wen Jiabao presided ...

TENCENT, CHINA MOBILE TEAM UP ON MOBILE SERVICES.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - China's leading Internet IM (instant messenger) service provider Tencent (HKSE:0700) has signed an MOU with China's largest mobile operator China Mobile Ltd. (HKSE:0941) on cooperation in providing mobile IM service on Moternet. According to the MOU, ...

TURNOVER ON SHANGHAI FUTURES EXCHANGE HITS RECORD HIGH.

Jan 01, 2007 ... SHANGHAI, Jan 1 Asia Pulse - Turnover on the Shanghai Futures Exchange (SHFE) hit a historic high in 2006, according to SHFE statistics. Combined turnover of copper, aluminum, rubber and fuel oil transaction reached 12,610 billion yuan (US$1.6 trillion) in January-December, ...

JOB CREATION, BIZ INVESTMENT KEY GOALS FOR S. KOREA IN 2007.

Jan 01, 2007 ... SEOUL, Jan 1 Asia Pulse - Creating more jobs and boosting business investment are key goals for South Korea in 2007, the country's top economic policymaker said Monday. In a press conference to mark the start of the new year, Minister of Finance and Economy Kwon O-kyu said the ...

CHINA'S INDEX FUNDS POST 125.87% JUMP IN VALUE FOR 2006.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - Riding the wave of the ever-rising Chinese stock market, index funds have turned in a rosy scorecard for the year 2006. Of the country's 311 funds ending 2006 trading on December 29, 31 index funds reported the best performance as a group, with an ...

CHINA SOFTWARE SECTOR IDENTIFIES FOUR GROWTH AREAS.

Jan 01, 2007 ... HANGZHOU, Jan 1 Asia Pulse - Embedded software, basic software and information security software have been identified as key development fields for China's software industry for the 2006-2010 period, according to a national software work conference held here recently. Lou ...

CHINESE NOT ALLOWED TO BUY QDII PRODUCTS WITH FOREIGN CURRENCY.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - Resident individuals in the Chinese mainland are not allowed to buy QDII (Qualified Domestic Institutional Investor) products of commercial banks directly with foreign currency cash. Instead, they are only allowed to use their own foreign currency cash deposits ...

INVESTMENT IN TIANJIN BINHAI NEW ZONE TO TOP US$128 BLN.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - A number of large projects were launched in Tianjin Binhai New Zone in 2006, the first year when the zone was incorporated into the State Development Strategy as a whole. It is expected that investment in the zone will exceed one trillion yuan (US$128 billion) ...

CHINA TO RAISE TAXES ON USE OF VEHICLES, SHIPS.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - The Chinese government will raise taxes on the use of vehicles and ships from January 1, according to a new regulation published on Sunday. The upper limit for vehicle tax is to double, bringing the annual tax on passenger-carrying vehicles to between ...

CHINA DEALS WITH 30 HEAVILY INDEBTED SECURITIES FIRMS.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - China has dealt with 30 heavily indebted securities firms since 2004, said the China Securities Regulatory Commission on Thursday. Of the total, 24 were closed or dissolved. The rest were subject to other solutions, such as capital infusions, stock ...

CHINA'S CITIC ACQUIRES KAZAKHSTAN OIL ASSETS FOR US$1.91 BLN.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - China's CITIC Group announced on Sunday that it has successfully acquired the Kazakhstan oil assets of Canada's Nations Energy Company Ltd. for US$1.91 billion. It is the third largest overseas oil acquisition made by a Chinese company. ...

CHINA CONSTRUCTION BANK ACQUIRES BANK OF AMERICA (ASIA).

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - China Construction Bank (CCB) (SEHK:0939), one of the country's "Big Four" state-owned commercial banks, announced it has completed the acquisition of Bank of America (Asia) Ltd, the wholly-owned subsidiary of Bank of America in Hong Kong, acquiring 100 per cent ...

CONSUMPTION GROWS FASTER THAN INVESTMENT IN GUANGDONG.

Jan 01, 2007 ... GUANGZHOU, Jan 1 Asia Pulse - China's economic powerhouse Guangdong Province saw consumption grow more rapidly than investment in the first 11 months of 2006, said sources with the local statistical bureau on Friday. It is the first time the consumption outpaced investment in ...

CHINA TO LICENSE AUTO EXPORTS.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - China has decided to license auto exports this year to prevent domestic car makers getting into cutthroat competition and to weed out companies that cannot make the grade, Xinhua learned here on Saturday. The Ministry of Commerce did not provide ...

GROWTH OF CHINA'S A-SHARE MARKET TOPS WORLD IN 2006.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - The Hushen 300 Index, which tracks some of the top values on China's yuan-denominated A-share market, posted the highest growth of any stock market in the world in 2006 with a 121 per cent rise, China Securities Journal reported on Saturday. Listed ...

CHINESE BANKING GIANT ICBC ACQUIRES 90% OF INDONESIAN LENDER.

Jan 01, 2007 ... BEIJING, Jan 1 Asia Pulse - The Industrial and Commercial Bank of China (ICBC) (SSX:601398, SEHK:1389), the country's largest bank, has signed an agreement with Indonesian lender Bank Halim to acquire a 90 per cent stake in the latter, according to a release on the ICBC's website. ...

SHENZHEN BOURSE POSTS 164% LEAP IN 2006 SHARE TRANSACTIONS.

Jan 01, 2007 ... SHENZHEN, Jan 1 Asia Pulse - Share transactions totaling 3.27 trillion yuan were made on the Shenzhen Stock Exchange last year, a record high. The statistics represented a rise of 164.02 per cent from a year ago. Stamp tax generated by share transactions reached 6.47 billion ...