Shares of CGN Power Co Ltd, China's largest nuclear plant operator in terms of installed capacity, surged in their Hong Kong trading debut on Wednesday as investors rushed to cash in on the huge growth prospects for the sector.
The Watsons chain of health and beauty stores will continue to strengthen its presence using existing stores in first-and second-tier cities and expanding in lower-tier cities in the Chinese mainland, even as the retail market in the nation slows, a company executive said.
Yum Brands Inc on Wednesday lowered its full-year profit forecast, hurt by slower-than-expected sales recovery in China following a food safety scare in July.
China will need 5,363 new passenger aircrafts and freighters from 2014 to 2033, as the country will have the world's largest domestic air traffic within 10 years, Airbus SAS forecast on Wednesday.
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.
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.
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.
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.
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.
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.
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.
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