Long IPO drought ahead for fund managers in Hong Kong

It is looking like a dry summer for Hong Kong bankers, as market woes on the Chinese mainland threaten a revival in the city's new listings.

Families turning to realty as bourses lose luster, says survey

The proportion of Chinese households that have reaped profits from the stock market dropped significantly in the second quarter amid the market turmoil, a survey showed on Thursday.

Key fund companies slug it out

MRF scheme paves the way for major asset managers to sell cross-border products

Market turmoil will boost bond sector

Bonds in China will benefit from the nation's equity market woes as investors shift more money to debt, analysts said.

Mobile app wars set to intensify

Alibaba unit takes on WeChat with updated online product that has greater social networking functions

Boomtime ahead for online FMCG sales, says study

Online sales of fast-moving consumer goods are set to grow rapidly in China this year, with the nation well on its way to be the leader in the FMCG e-commerce market, an industry report said on Wednesday.

E-commerce is new gold rush for entrepreneurs

Booming e-commerce in China is persuading more people to give up their jobs and seek their fortunes in the sector.

TCL unit recalls handsets over design flaws

The smartphone subsidiary of Chinese electronics giant TCL Corp is recalling devices believed to have design flaws, the first recall in the world's largest mobile market where more than 400 million handsets are sold each year.

Bringing relief to livestock farmers

Cooperation to help manage resources in a more effective way

US firm launches talent cultivation program

As the entrepreneurial and innovative flame burns bright in China, United Technologies Corp, the United States' multinational high-tech conglomerate, is deploying more resources and manpower from China's top-tier cities to rural areas to promote talent cultivation and technological innovation through its designed programs.

Social bodies offer limited prospects

Although they are highly educated, most young people working for social organizations in Beijing earn a low salary and plan to change jobs, according to a survey conducted in May by the Beijing Committee of the Communist Youth League of China.

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