China Mobile Ltd, the world's biggest mobile operator, said it will set up a finance unit with 5 billion yuan ($780 million), in a move that could disappoint shareholders hoping for a dividend hike.
Rovio Entertainment Oy, the Finnish creator of the Angry Birds mobile-phone game, is in talks to receive funding that would value the company at about $1.2 billion.
Huawei Technologies plans to sell its first own-brand mobile phone in UK, taking on manufacturers using Google's Android software in one of Europe's most competitive handset markets.
ConocoPhillips China, the operator of two leaking oil platforms in Northeast China's Bohai Bay, conceded for the first time on Friday that it had not done enough to check for potential leaks in the bay.
Lotte Mart Co China, a division of South Korea's Lotte Group, is planning to open more than 200 stores in China by the end of 2018, a step driven by an aggressive overseas expansion strategy.
Nokia Corp plans to introduce phones using Microsoft Corp's Windows operating system, based on China Mobile Ltd's self-developed third generation (3G) mobile networks in the near future.
ConocoPhillips China said on Friday that oil and mud leaking from two of the company's platforms in the Penglai 19-3 oilfield in China's Bohai Bay have totaled 2,500 barrels so far.
China Railway Group Ltd (CRGL), the railway construction giant, announced on Thursday the cancelation of a plan to offer a private placement that would raise 6.24 billion yuan ($976 million).
China's ocean watchdog urged ConocoPhillips China, the company responsible for a pair of oil leaks off China's northeast Bohai Bay, to apologize to the public for its slow cleanup.
China CNR Corp Ltd will recall 54 high-speed trains used on the Beijing-Shanghai high-speed rail line over safety concerns, the company said in a statement Friday.
China Guangdong Nuclear Power Group (CGNPC) Co may bid again for Kalahari Minerals Plc, triggering an acquisition of uranium explorer Extract Resources Ltd, after withdrawing an offer in May.
Huayi Brothers Media Corp (HBMC), the first publicly traded movie company on the Chinese mainland, reported on Wednesday night that its first-half revenue surged from a year earlier.