CNOOC Ltd, China's biggest offshore oil and gas producer, said it will control output in the next three years as well as cut capital expenditure, in a bid to counter challenges from falling crude oil prices.
Lenovo Group Ltd said on Tuesday it had dodged a widely expected profit slump in the fourth quarter, after its acquisition of Motorola Mobility LLP at the turn of the year.
Mercedes-Benz has pledged to lift customer experience in the China market by laying a trustworthy foundation with its dealer partners and unveiling more models to sustain its already strong momentum in 2015.
Analysts suggest gas deal with China may have influenced credit agency's decision
Anbang Insurance Group Co, a little-known Chinese insurer until last year, has gained sudden prominence in the financial and capital markets after a string of high-profile domestic and international acquisitions, raising questions about its shareholders' background and concerns of possible risks behind its aggressive expansion.
E-commerce magnate Jack Ma has not only set an example to aspiring Hong Kong entrepreneurs but also offered to help them with funding and, more importantly, a ready platform to tap the vast mainland marketplace.
Alibaba Group Holding Ltd Chairman Jack Ma regained his spot as Asia's richest person on the back of a higher valuation for the company's finance affiliate ahead of a stock sale that will also create a dozen new billionaires.
Garlic exporters in Lanling county of Shandong province have been urged to search for new buyers after South Korea's Agro-Fisheries Trade Corp rejected shipments from the region last month, even as the local government vowed to take legal action against the move.
Privately held renewables company Hanergy Holding Group Ltd announced on Monday that it will develop a totally solar-powered car that can go into commercial production in October.
Hanergy Thin Film Power Group Ltd, the Chinese solar-equipment manufacturer whose market value surged to $19 billion within a two-month period, downplayed a report in the UK's Financial Times newspaper that questioned how it reports sales.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
