Daniel Ren

Parents pay the price in grey area of school entry

Thousands of parents are learning a hard and expensive lesson about the seedier side of the education system in China's second-largest city.

Saturday, 5 May, 2012, 12:00am

Wenzhou sets up fund to rescue small businesses

Wenzhou, known as the hub of privately owned businesses, plans to set up a 5 billion yuan (HK$6 billion) emergency fund to help bail out cash-starved small companies after crises involving underground banks.

3 Nov 2011 - 12:00am

First-quarter earnings rise an average 32pc at mainland firms

Listed mainland companies reported an average 32 per cent rise in profit in the first quarter of the year, thanks to strong earnings posted in the cement, biomedicine and food sectors.

22 Apr 2011 - 12:00am

Haitong Securities profits grow 17pc

Haitong Securities reported a 17 per cent increase in profits for the first quarter, benefiting from regulatory efforts to set a floor for brokerage trading commissions. The Shanghai firm posted net income of 571 million yuan (HK$677.62 million) in March. Profits for the first three months were 1.1 billion yuan, up from 946 million yuan a year ago.

14 Apr 2011 - 12:00am

Great HK stocks rush fails to take off in Tianjin

An anticipated rush to open accounts at Bank of China's Tianjin branches to buy stocks on the Hong Kong stock market failed to materialise yesterday, partly because final authorisation to launch was not received.

28 Aug 2007 - 12:00am