Capital One Financial Corp and Apollo Global Management have made offers for General Electric Co's healthcare finance unit, which could fetch more than $11 billion, people with knowledge of the matter said.
Lower interest rates, down payments help the market stabilize; first-tier cities fare best
Home prices in Shenzhen, Guangdong province, have risen to record levels, helped by limited supplies and further relaxations in purchase policies, industry experts said on Wednesday.
Sesame Credit Management, a consumer credit agency backed by e-commerce giant Alibaba Group Holding Ltd, has teamed up with China's top court to pressure people to comply with court verdicts.
Growth slowed further in China's fast-moving consumer goods market during the first three months of the year, with foreign brands seeing a steeper erosion in market share, an industry report said on Wednesday.
My mainland friends and I often engage in intense debates about whether or not Hong Kong has already become marginalized financially.
A Chinese factory gauge remained sluggish last month, suggesting a tepid response from manufacturers to loosened monetary policy settings and efforts to shore up local government finances.
Major development projects launched by the government have attracted investment to the tune of 3.1 trillion yuan ($500 billion) till May, indicating that the investment pipeline is still robust, a top government official said.
Bank of America Corp strategist David Cui has a laundry list of support measures that China's government might deploy to fight the steepest stock market rout since 1996.
German companies are looking to increase their investments in China's modern manufacturing sector as the country transitions to a more moderate phase of growth, the German Chamber of Commerce in China said on Tuesday.
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