Yonghui Superstores Co Ltd, the Fuzhou-based supermarket chain and one of China's Fortune 500 companies, has completed the sale of 5.7 billion yuan ($912 million) worth of shares, around 20 percent, to Dairy Farm International Holdings Ltd to fund various expansions including the setting up of an e-commerce platform.
Postal Savings Bank of China Co aims to raise up to $25 billion with an initial public offering next year, people with knowledge of the matter said.
Lenovo Group Ltd's removal of pre-installed software that made its devices vulnerable to cybertheft was not enough to head off lawsuits from angry customers and ridicule from its largest competitor.
Libras were the most generous among the 12 signs on the Western zodiac in terms of giving cash-filled red envelopes online, Alipay, the nation's most widely used online payment tool, said on Tuesday.
Nearly 100 manufacturing businesses along the coast failed to re-open as Spring Festival drew to a close on Tuesday, underscoring the weakness in global market demand and adding pressure on the world's second-largest economy to upgrade its export sector.
The top goal scorers in China's Super League might sound familiar - to a Brazilian soccer fan.
Further monetary easing is likely as the real estate sector deteriorates and deflation intensifies in China, especially at the wholesale level, economists said.
The success of Chinese-backed films at this year's Oscars marks a strong reflection of the growth of Chinese investment in not only the US movie industry, but the global entertainment sector.
The expansion of fourth-generation services and the proliferation of smartphones attracted more Chinese consumers to mobile games in 2014, the China Internet Network Information Center said.
For investors in Chinese travel websites, growth in sales is trumping profits.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
