Fifty brokerages have vowed to pledge a total of $15.7 billion to backup stock purchases, as regulators move to further prop up the market.
China's top legislature on Saturday adopted an amendment to the Law on Commercial Banks, removing a 75 percent loan-to-deposit ratio stipulation.
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Global snack leader Mondelez International Inc is sliming down its corporate operation in China to cope with failing revenue and rising costs.
China's largest listed housing developers are still grappling with shrinking margins despite a sale triumph in the first half, according to an examination of their latest half-year earnings.
Despite the market plunge, Sino-German joint venture Beijing Benz Automotive Co is still confident and planning to bring new locally made Mercedes models to Chinese consumers in the near future.
Huawei Technologies Co Ltd is kicking off global sales of its flagship wearable on Wednesday at an industry expo in Berlin, a full six months after the device's debut.