Being behind bars has not stopped the founder of a Chinese appliance seller from booking gains approaching $1 billion in Hong Kong's surging stock market.
Yellow metal appetite waned in China during the first three months of the year as dama, or the middle-aged wealthy Chinese women investors, shifted focus to the bullish stock market and reduced purchases, an industry report said on Thursday.
Pay cuts may well promote equality but they are also leading to an exodus of top bank talent, reports Jiang Xueqing.
Growing up in Scotland, I hit my first golf balls on what we called back then a "corporation" course.
China still an important market for global manufacturing success, says Axalta chief
Axalta Coating Systems, the Philadelphia-based liquid and powder coatings maker, signaled its plans to further expand in China earlier this year, after it started manufacturing from its new facility in Shanghai's Jiading district.
The coating industry faces overcapacity and excessive inventories as the property market stagnates after years of prosperity.
The central government is using a "carrot and stick" strategy to ensure that more than 1.7 trillion yuan ($274 billion) of municipal bond sales this year will go off without a hitch.
China National Nuclear Power Co, one of the country's three State-owned nuclear power developers, is a step closer to raising more than 16 billion yuan ($2.6 billion) in an initial public offering.
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