Record fine to have little impact on Qualcomm

Smartphone firms may gain from chip giant's decision to reduce patent licensing charges, report Gao Yuan and Lan Lan. Gao Yuan/Lan Lan

'Battlefield' for mobile payments is shifting overseas

The competition to capture new users of mobile payment services during the upcoming Spring Festival has intensified among China's Internet companies as Alipay, the e-payment affiliate of Alibaba Group Holding Ltd, expanded the battlefield to overseas markets.

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Governments and policies

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Gains on cards for high-end property sector in Shanghai

Apartments, villas with small floor area to offer better rental income for investors, say analysts WU YIYAO

Restaurants' growth accelerates as mass-market outlets thrive

The catering industry's fortunes took a turn for the better last year, driven by strong demand for restaurants targeting mass consumers, according to an industry survey.

LED leader reaps IPO riches

Sun Qinghuan, chairman of MLS Co, China's biggest producer of light-emitting diodes, is poised to become a billionaire with an initial public offering.

Wanda eyes more M&A deals this year

Wang Jianlin, the self-made Chinese billionaire who made his fortune by building shopping malls, is actively diversifying his assets through global mergers and acquisitions.

Auto sales climb 10% in January on demand for SUVs and minivans

China's auto sales rose 10 percent in January, led by demand for sport utility vehicles and minivans as consumers continued to favor more spacious rides over conventional sedans.

In Shanghai, investors have a different option

Trading of stock options made its long-awaited debut on the Shanghai Stock Exchange on Monday, allowing investors more ways to hedge risks and make profits.

Regulator loosens grip on new listings

China is expected to take a significant step in its capital market reform after the market regulator decided to relinquish control over new listings and transfer them to the Shanghai and Shenzhen bourses.

Major shakeup of second-tier staff at PBOC

The People's Bank of China is set to lose three of its four deputy governors as personnel change sweeps through the central bank's second tier.