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China stocks end up on property, base metals

Published December 1, 2008, 3:45 am, The Economic Times

A bounce by property shares, after China Merchants Property Development Co successfully sold 5.94 billion yuan ($870 million) of new equity, lifted the Chinese stock market.

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China Briefs—Nov 24 to Nov 25

Published December 1, 2008, 2:57 am, The Epoch Times

China news as reported by media around the world.

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Centergate Chairman Xu Under Investigation by Police in Beijing

Published December 1, 2008, 1:06 am, Bloomberg

Dec. 1 (Bloomberg) -- Xu Zhongmin , chairman of Chinese billionaire Huang Guangyu 's property developer Beijing Centergate Technologies (Holding) Co. , is being questioned by Beijing police for alleged involvement in ``economic crimes,'' the company said.

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Gome's Going?

Published December 1, 2008, 12:36 am, Forbes

Based on his track record, new chairman could be open to a sale.

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(AFX UK Focus) 2008-12-01 08:08 China A-shares close higher led by nonferrous metals - UPDATE

Published December 1, 2008, 12:19 am, Interactive Investor

SHANGHAI (XFN-ASIA) - China A-shares closed higher after a late surge in nonferrous metal stocks after Yunnan province announced a plan to buy 1 mln tons of base metals to support smelters in the region.

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Board member takes reins of Zhongguancun

Published November 30, 2008, 11:22 pm, China Daily

Shenzhen-listed company Zhongguancun Monday appointed its board member Wei Qiuli to take charge of the board's routine work as Xu Zhongmin, chairman of Zhongguancun, being investigated in alleged irregularities in corporate asset restructuring that could involve one of China's richest men Huang Guangyu.

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(AFX UK Focus) 2008-12-01 05:11 Property shares lift China stocks slightly

Published November 30, 2008, 9:34 pm, Interactive Investor

By Claire Zhang

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(AFX UK Focus) 2008-12-01 04:49 China A-shares end morning higher as property developers rebound - UPDATE

Published November 30, 2008, 9:19 pm, Interactive Investor

SHANGHAI (XFN-ASIA) - China A-shares ended the morning higher, reversing early losses, as property developers rallied on bargain-hunting, dealers said.

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Beijing Centergate says chairman probed in scandal

Published November 30, 2008, 4:32 pm, Reuters via Yahoo! Singapore News

SHANGHAI, Dec 1 (Reuters) - Beijing Centergate Technologies (Holding) Co <000931.SZ> said on Monday that its chairman and president was being investigated on suspicion of economic crimes, and that it could not estimate the impact on the firm's business.

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AirAsia, BHP, Chunghwa, Hyundai: Asia Ex-Japan Equity Preview

Published November 30, 2008, 4:00 pm, Bloomberg

Dec. 1 (Bloomberg) -- The following companies may have unusual price changes today in Asia trading , excluding Japan. Stock symbols are in parentheses, and share prices are from the previous close, unless noted otherwise.

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