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Top Biz News
Chinese stocks slumped, driving the benchmark index to its biggest drop in almost three months, on concern banks will sell more shares to meet swelling loan demand.
Potential capital-raising plans have been factored into current valuations of major Chinese bank shares, said a portfolio manager with Neuberger Berman on Wednesday.
Hyundai Motor Co, South Korea's biggest automaker, plans to build a third plant in China to meet demand in the world's largest automobile market so far this year.
Environmental officials said yesterday the city's pollution should not worsen when the car population exceeds four million next month.
After a string of emerging countries began to target the flow of short-term speculative capital, many experts believe China will step up its efforts to control the flow of so-called hot money.
China should tie the career prospects of officials to their performance in developing both a low carbon economy and the restructuring of the economy.
Wal-Mart yesterday launched its own investigation into the findings of a New-York based human rights group, which levied serious labor abuse allegations against the company.
The craze in online games among Chinese netizens is fueling an increasingly lucrative market for computer hackers, security firms have said.
Shou Zhenwei, a 28-year-old State-owned company employee in Beijing, paid 1.4 million yuan ($205,000) for a two-bedroom apartment this month, realizing a long-cherished dream.
Shell today started up a lubricants blending plant in Guangdong province to meet domestic growing demand.
The China Advertising Association publicly condemned 58 illegal infomercials on Sept 25 after an investigation by the State Administration of Industry and Commerce.
Cheung Kong (Holdings) Ltd Chairman Li Ka-shing is buying more shares in the property developer, the worst-performing stock this year among Hong Kong's five biggest real-estate companies.
| Name | Value | Change | Time |
| Shanghai | +1.06% | Wed | 3,269.75 |
| Shenzhen | +0.86% | Wed | 13,800.50 |
| HSI | +0.80% | Wed | 22,289.57 |
| NIKKEI | +0.38% | Wed | 9,608.94 |
| Dow | -0.18% | Wed | 10,452.68 |
| Nasdaq | +0.42% | Wed | 2,185.03 |
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