The China Securities Regulatory Commission has terminated the review of 129 companies applying for initial public offerings out of 628 companies in line for approval on Aug 7, according to a report by Moneyweek.
Companies fear punitive action will hurt exports from China
Along with the rise of digital media, food retail outlets are undergoing a major shift toward online delivery. And a recent heat wave in China has pushed interest in ordering food off the Internet to all-time highs.
Several opportunities will be available for Chinese enterprises in Mexico's energy sector, especially in all the stages of oil and gas production, the Mexican ambassador to China said on Wednesday.
Shanghai-listed Shanghai Great Wisdom Co Ltd, an Internet financial information and technology service provider, said it plans to purchase 100 percent of the equity of Xiangcai Securities Co Ltd, a stock brokerage listed in China's over-the-counter market for growth enterprises.
The wholesale price of natural gas for industrial users will rise 20 percent on Sept 1, signaling that China is accelerating market-oriented pricing reform despite a slowing economy.
China will give unconventional natural gas pricing rights to producers and downstream users, which will boost exploration and production, the country's economy planner said on Tuesday.
Two subsidiaries of China's top telecom carriers are joining a Google Inc-led project to build a new trans-Pacific submarine fiber optic cable system connecting Asia and North America, the companies said on Tuesday.
China's dependency on foreign crude will continue to increase this year despite the ongoing strife in major oil-producing nations like Iraq, a leading industry think tank said on Tuesday.
As the nation's automobile ownership expands, there simply aren't enough places to put those vehicles, reports Gao Changxin in Shanghai.
Contrary to popular belief, it is the eastern metropolises in China that seem to be increasingly reliant on real estate investment, a new study released on Tuesday said.
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