The lowest Chinese stock valuations since economic growth collapsed three years ago are a sign to the nation’s biggest brokerages that it’s time to buy.
BusinessWeek.com — Finance
Premier Wen Jiabao said that China’s efforts to stem inflation have worked and that the pace of consumer-price increases will slow, an assessment that contrasts with some economists advocating further steps.
BusinessWeek.com — Finance
China’s manufacturing may expand at the slowest pace in 11 months in June, preliminary data for a purchasing managers’ index showed.
BusinessWeek.com — Finance
Bank of America Corp. may sell some of its $ 21 billion stake in China Construction Bank Corp. to bolster capital before new international standards take effect, said three people briefed on the plans.
BusinessWeek.com — Finance
Bank of America Corp. may sell some of its $ 21 billion stake in China Construction Bank Corp. to bolster capital before new international standards take effect, said three people briefed on the plans.
BusinessWeek.com — Finance
Short sellers are flocking to solar power, dumping record levels of stock in First Solar Inc. and competing equipment makers in a bet that profit will be hurt by a glut of Chinese panels and shrinking demand in Europe.
BusinessWeek.com — Finance
Bank of America Corp. may sell part of its $ 21 billion stake in China Construction Bank Corp. to bolster capital before new international standards take effect, said three people briefed on the plans.
BusinessWeek.com — Finance
BYD Co., the Chinese carmaker backed by Warren Buffett, said it will raise $ 1.42 billion yuan ($ 219 million) in its Shenzhen, China share sale, less than the company originally sought.
BusinessWeek.com — Finance
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