Haitong Securities Co, China's second-largest brokerage by market value, surged to a record in Hong Kong trading on Tuesday after reports it was buying a Portuguese investment bank.
The Ritz-Carlton Hotel Co has become the first founding partner of IMPACT 2030: The Global Initiative for the Advancement of Corporate Volunteering, which was launched on International Volunteer Day last Friday.
United States-based Carestream Health Inc, the provider of medical and dental imaging systems and information technology solutions, is working with the National Health and Family Planning Commission to offer training to doctors at the grassroots level.
Chinese enterprises have significantly improved the quality of their corporate social responsibility reports, according to a newly released index.
Zhao Binghong, a 14-year boy from rural Luxi county, in Yunnan province, has had his eyesight improved thanks to the charity program "Land Rover Never Stop Caring - Journey for Vision Program", which is dedicated to providing a healthier future for underprivileged children.
China is planning a considerable expansion of its foreign aid programs with a particular focus on infrastructure projects in countries along the land and maritime Silk Road trading routes, government officials said on Monday.
Shopping via mobile phones is fast becoming the main option for spending money in China, with transactions from the not-so-developed western region of the country being the driving force, a report said on Monday.
As Wang Jianlin, the high-profile chairman of conglomerate Dalian Wanda Group, sat down with investment bankers and potential investors in Hong Kong on Monday to discuss the proposed $3.9 billion initial public offering of his commercial property unit, excitement and anticipation heightened among capital market circles.
When Caterpillar Inc acquired Zhengzhou Siwei Mechanical & Electrical Equipment Manufacturing Co Ltd, a Hong Kong-listed mining machinery, it was considered a huge setback for Chinese heavy machinery makers and the industry in general.
Foreign heavy machinery makers are banking on increased localization to counter growing competition from domestic companies, sluggish demand, and to further expand their presence in China, industry sources said.
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Raymond Zhou
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Chen Weihua
