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Renminbi funds will soon be the favored fundraising and investment option in the Chinese venture capital and private equity market, according to a recent report from market researcher Zero2IPO Group.
China's top legislature yesterday turned its attention to the creation of specific plans for more renewable energy, such as nuclear, wind and solar power.
Gome on Friday said net profit and sales for the six months of this year fell 49.6 percent and 17.7 percent respectively, as a result of price cut and close of stores.
Industrial and Commercial Bank of China (ICBC), the world's largest bank by market value, reported a 2.8-percent growth in first half net profit on brisk increase in lending and fee-based revenue.
Christmas may not be a Chinese festival but Santa Claus has become well acquainted with the country in recent years - especially as a large proportion of all the toys he puts under trees are made here.
Hong Huang is a celebrity with many faces. She is a publisher, a widely read blogger, the ex-wife of a renowned film director, the daughter of a diplomat who was also Chairman Mao Zedong's English teacher. But the latest title she has been dubbed with is "the most humorous nail-house owner" because Hong refuses to move out of her half-century-old courtyard house.
| Name | Value | Change | Time |
| Shanghai | -0.38% | Fri | 3,141.35 |
| Shenzhen | -0.12% | Fri | 13,289.94 |
| HSI | +0.88% | Thur | 21,517.00 |
| NIKKEI | -0.4% | Fri | 10,494.71 |
| Dow | +0.51% | Thur | 10,520.10 |
| Nasdaq | +0.71% | Thur | 2,285.69 |