Chinese legend says that people born in the Year of the Sheep will have a difficult life, because sheep are often eaten by humans.
CEO Wu also reveals moves to list in many nations over the next decade
PricewaterhouseCoopers said 2014 was a banner year for new private equity investments in China and the scale will remain robust in 2015.
Tencent Holdings Ltd, China's second-largest Internet company, has gone overseas for more financing as the nation's consumer-focused technology companies expand their international clout.
The Zhongguancun Stock Index, China's first high-tech benchmark index that reflects the performances of listed companies registered in the Zhongguancun high-tech science park in Beijing, debuted on the Shenzhen Stock Exchange on Thursday.
China Telecom Corp Ltd, the third-biggest mobile network operator in China, said on Thursday that it will offer 16 billion yuan ($2.56 billion) in subsidies to smartphone producers, part of an attempt to add 120 million new subscribers this year.
Evolving shopping habits have forced yet another retailer to think outside of the box.
Indian developers see opportunity at the bottom of the property ladder as demand for pricier homes wanes.
Wheat farmers in Australia, the world's fourth-biggest shipper, will face an increasing challenge keeping up with their neighbors' appetite for bread and noodles.
Sony Corp trimmed its forecast of losses and estimates the Sony Pictures hack cost it about $15 million, but expects no significant harm from the cyberattack in the long run.
Replacing business tax with value-added tax may not exactly ease the tax burden of Chinese real estate companies, said a taxation expert from global consultancy firm PricewaterhouseCoopers.
February is shaping up as a crucial month for the nation's equity investors, who must decide whether to raise or reduce their holdings of developers' shares.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
