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Ma sells $387m of Tencent shares, filings reveal

[2014-12-11 07:09]

The chairman and chief executive of Tencent Holdings Ltd has cashed in shares worth HK$3 billion ($387 million) in the Chinese Internet firm this month, according to regulatory filings made with the Hong Kong stock exchange.

Weak trade data could cloud yuan prospects

[2014-12-10 07:25]

The yuan will likely face rising depreciation pressure throughout next year, economists said, as the currency fell the most in six years on Tuesday after the release of weak trade data.

Xiaomi air purifier part of wider smart-home strategy

[2014-12-10 07:25]

Beijing's choking smog has prompted electronics giant Xiaomi Corp into its latest product launch - an air purifier that sends its users real-time pollution updates.

Cafes catch cold from Starbucks expansion plan

[2014-12-10 07:25]

The world biggest coffee chain, Starbucks Corp, plans to increase its network in China to 3,400 stores over the next five years, which could pose challenges for small, independent coffee stores, industry sources said.

From rail to retail, growth slows as housing peaks

[2014-12-10 07:25]

A long-running residential building boom is petering out, with the effects seen from slumping steel and cement prices, to electricity use, rail traffic and retail sales.

Change in loan policy spurs rate swaps to new highs

[2014-12-10 07:25]

China's interest-rate swaps climbed to a three-month high and bonds dropped after a policy change narrowed the pool of corporate debt that can be used as collateral for short-term loans.

What's news

[2014-12-10 07:25]

$404b in local govt bonds set to mature

BOC affiliate eyes US commercial realty deal

[2014-12-10 07:25]

Bank of China Group Investment Ltd, an affiliate of State-owned lender Bank of China Ltd, has inked an agreement to acquire office space in a commercial tower in Bryant Park, New York City, sources said on Tuesday.

Use of Alipay app's fingerprint function extended to iPhone users

[2014-12-10 07:25]

Alipay, the e-payment arm of China's e-commerce giant Alibaba Group Holding Ltd, rolled out on Tuesday the latest version of its mobile application, which allows iPhone users to make mobile payments with fingerprints rather than passwords.

Rising eBay auto part sales boost Chinese suppliers

[2014-12-10 07:25]

Automobile parts and accessories sales became the second-fastest growing category among all products sold worldwide during the first half of this year on eBay Inc, the world's leading global e-commerce platform, the company said on Tuesday, which provided a significant boost to producers in China.

Boeing shipments to hit new high

[2014-12-10 07:25]

Boeing Co's aircraft shipments to China will hit a record of 150 to 160 units this year, compared with the 120 deliveries made in 2013, a top company official said on Tuesday.

Leshi seeks nod for electric vehicles

[2014-12-10 07:25]

A Chinese video website operator is applying for a license to produce electric vehicles in the world's largest auto market, as the government prepares a policy to open auto manufacturing to non-carmakers.

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