IN BRIEF (Page 7)

Spending on fixed assets to rise in H1

Fixed-asset investment in transport infrastructure is expected to continue to expand swiftly in the first half of 2015, with a year-on-year increase of about 8 percent, according to a China Securities Journal report that cited Xu Chengguang, spokesman of the Ministry of Transport. During the first quarter, such investment stood at 320.5 billion yuan ($51.7 billion), up 15.2 percent year-on-year. The growth rate was 3.8 percentage points higher than in the year-earlier quarter.

Hony raises $1.3b in CSPC stake sale