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JD delivers with 10% increase on Nasdaq debut

[2014-05-24 07:27]

A new wave of enthusiasm for Chinese companies swept Wall Street as e-commerce giant JD.com Inc made its Nasdaq debut on Thursday.

Africa fund marks change of investment strategy

[2014-05-24 07:27]

China is changing the way it invests in Africa, with a new wave of projects to be supported under a $2 billion agreement signed on Thursday by the People's Bank of China and the African Development Bank.

Lactalis sets sights on infant formula market

[2014-05-24 07:27]

France-based Lactalis Group, the world's largest dairy maker by sales, announced on Friday that it would introduce a baby formula brand to the Chinese market.

CAR back on road to an initial public offering

[2014-05-24 07:27]

China Auto Rental Holding Inc, the country's largest vehicle-leasing company by fleet size and revenue, said on Thursday night that it had revived its initial public offering plans.

BYD offers $400m in new shares; proceeds to help expand car output

[2014-05-24 07:27]

BYD Co, the Chinese automaker partially owned by Warren Buffett's Berkshire Hathaway Inc, is offering $400 million in new stock, according to a term sheet obtained by Bloomberg News.

Fewer visit Hong Kong during holiday as more opt for Taiwan

[2014-05-24 07:27]

The number of travelers from the Chinese mainland to Taiwan rose during the May Day break and visits to Hong Kong fell.

Analysts urge broader range of channels for sales of domestic corporate debt

[2014-05-24 07:27]

Chinese companies' financing costs are rising. Some financial experts said they should sell corporate bonds directly to residents and companies rather than to financial institutions.

China's PMI at five-month high

[2014-05-23 07:02]

The preliminary Purchasing Managers Index for Chinese manufacturing in May beat expectations with a five-month high, suggesting the world's second-largest economy is stabilizing.

Roche confirms visit to office by investigators

[2014-05-23 07:02]

Foreign drugmakers may face more scrutiny of their operations in the Chinese market after Switzerland-based pharmaceutical company Roche Holding AG said local authorities called on its offices in Hangzhou, Zhejiang province, on Wednesday.

Gas deal with Russia offers longer-term security

[2014-05-23 07:02]

Pact will give China a stable energy source and a stronger hand in talks with other suppliers, reports Du Juan

What's news

[2014-05-23 07:02]

Ban on foreign control of steelmakers to be lifted

PBOC announces rules for accounts in Shanghai's FTZ

[2014-05-23 07:02]

The People's Bank of China released detailed rules on Thursday for the free trade account system in the China (Shanghai) Pilot Free Trade Zone, a step in the process of financial reform that will make it easier to raise funds and invest across the border.

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