Tsinghua arm readies to take on Qualcomm

Tsinghua Holdings Co Ltd, a technology conglomerate backed by Tsinghua University, plans to invest at least 30 billion yuan ($4.76 billion) in developing mobile chip technology, highlighting the company's ambition to challenge Qualcomm Inc's dominance in the country's chip market.

Auto sales hit 17-month low as discounts fail to attract buyers

Chinese consumers bought the fewest passenger vehicles in 17 months in July, extending a slump in the world's largest auto market as deeper discounts failed to revive demand.

Retailers spar with landlords as demand falls in HK

Landlords on Hong Kong's Russell Street a year ago could boast the highest retail rents in the world. Now they are adjusting to a new reality.

Scotch in urgent need of a creative twist

Kelvin Tam likes to introduce himself as China's very own "Scotch whisky priest".

What's news

Governments and policies

Quotes of the day

Liaoning's bond auction failure puts local govts in a quandary

Analysts are scrambling to understand the causes and repercussions after China's first sale of local government bond in years.

Alibaba buys 20% stake in Suning

Alibaba Group Holding Ltd said on Monday that it will spend 28.3 billion yuan ($4.56 billion) for a 20 percent stake in Suning Commerce Group Co Ltd, in a deal that allies the e-commerce giant with the leading electronics retailer.

Yellow metal loses shine with investors

Yellow metal producers in China may see further profit erosions as gold prices are set to decline in the coming years, amid expectations of an interest rate hike by the US Federal Reserve and a strong dollar, industry sources said.

Equities surge on hopes of SOE reforms

Stocks posted their biggest gain in a month on Monday amid speculation that the government has approved the long-awaited reform blueprint of State-owned enterprises.

Firm powers ahead with expansion

Shanghai Electric, a power-generation equipment and machinery maker, is launching an aggressive overseas expansion strategy, to ride the wave created by Chinese energy firms.

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