China Ocean Shipping (Group) Co, the world's second-largest shipping company, has been shortlisted as a potential buyer to acquire a majority stake in Piraeus Port Authority SA, the largest port in Greece.
Shares of Qingdao Port International Co Ltd, operator of the world's seventh busiest port by shipping volume tumbled in their Hong Kong trading debut on Friday following lukewarm response from investors and concerns that the ongoing metal financing probe would hurt the mainland's third-largest foreign trade port.
The investment of Chinese e-commerce giant Alibaba Group Holding Ltd in a top soccer club could be more about building an international brand and preparing for a massive initial public offering in the United States than a move into sports, analysts said.
Conglomerate Dalian Wanda Group Corp Ltd announced on Friday the purchase of a landmark commercial project in Madrid for 2.25 billion yuan ($364 million), the latest in a series of high-profile international acquisitions.
Telecommunication equipment major Huawei Technologies Co Ltd said on Friday that it anticipates a substantial pickup in its corporate business in Japan by 2017.
Containing financial risks and avoiding further stimulus measures should be the main priorities for policymakers in China, as they contemplate fresh strategies for sustained economic growth, the International Monetary Fund said on Thursday.
Mainland initial public offerings are getting shunted to the sidelines in Hong Kong, long a preferred listing destination for Chinese companies, Emma Dai reports
Even as Alibaba Group Holding Ltd prepares for what could be the largest tech initial public offering in history, its top officials are racking their brains on ways to retain talent.
China may end tariffs and quotas on the export of rare earth minerals next year, in line with a World Trade Organization panel ruling earlier this year that the nation acted inconsistently with WTO rules, an industry expert said on Thursday.
Union pushing officials in Washington to launch dumping investigation
Shenzhen, one of the six cities picked in April to further test individual-government joint home ownership, is to unveil detailed rules this month governing the trial program, which analysts said will alleviate pressure on the property market.
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Berlin Fang
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