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Tag Search Results for Ministry Of Finance
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BoCom Profit Gains Slimmer Than Other Big Banks
March 31, 2010
Bank of Communications (BoCom) (3328.HK, 601328.SH) reported a 5.59% increase in net income to RMB 30.12 billion in 2009, beating the RMB 28.5 billion average estimate of 15 analysts…
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Govt Forecasts RMB 3.8tr Income in 2010
March 26, 2010
The Chinese Ministry of Finance (MoF) said it expects to see fiscal revenue, the sum of the country's locally and centrally levied taxes, administrative fees and income from state-owned…
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China’s Fiscal Revenue Up 32.9% Y-o-y in Jan, Feb
March 15, 2010
China's fiscal revenue, the sum of the government's tax revenues, administrative fees and income from state-owned assets, totaled RMB 1.36 trillion in the first two months of 2010,…
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H-Shares Down, Dragged by Materials Losses
February 08, 2010
The Hang Seng Index declined 0.58% to close at 19,550.89 on Wednesday, February 8, in main board trading volume of HK$59.63 billion. Shares of oil and raw materials stocks fell…
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MoF: Fiscal Spending Exceeds Revs by RMB 740b
February 05, 2010
China recorded fiscal revenue, the sum of the government's tax revenues, administrative fees and income from state-owned assets, of RMB 6.85 trillion in 2009, according to initial…
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Rumor: Ministry May Increase BoCom Stake
February 04, 2010
An unnamed source says that China's Ministry of Finance (MoF) is considering injecting capital into the Bank of Communications (BoCom) (3328.HK, 601328.SH), probably using directional…
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A-Shares Up; Airlines, Hainan Stocks Ahead
January 18, 2010
The Shanghai Composite Index inched up 0.4% to close at 3,237.1, while the Shenzhen Composite Index closed 1.16% higher at 1,240.98 on January 18. Trading volume on the Shanghai…
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MoF Sets RMB 992b 2010 Infrastructure Budget
January 11, 2010
China plans to spend RMB 992.7 billion on infrastructure projects in 2010, up 9.3% from last year¡¯s budget of RMB 908 billion, Sina reported November 11 citing Minister of Finance…
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China Raises Old-For-New Car Subsidies
January 04, 2010
China's Ministries of Commerce (MOFCOM) and Finance (MoF) have adjusted subsidies for consumers trading in old automobiles for new ones under the government's old-for-new program,…
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MoF Widens Property Sales Tax Cut-Off to 5Yrs
December 23, 2009
The Ministry of Finance (MoF) will introduce adjustments to its residential properties sales tax policy as of January 1, 2010, according to a notice posted on the MoF's site December…