IN BRIEF (Page 18)

Major carriers turn to Internet innovation

Liang Duguo always knew he could return to his old job when he first launched Shanghai Yi Xing Information Technology Co Ltd in 2013.

Testing times for big firms as profit growth slows

China's big three telecom carriers find themselves being squeezed after rolling out high-speed 4G technology.

Datang's 'cloud' attracts startups

Zhang Xuefeng, a former Nokia China employee, started his entrepreneurial journey a year ago with the help of a State-owned enterprise.

Wanda plans film arm's IPO, eyes Hollywood size

Dalian Wanda Group Co Ltd, the privately owned Chinese property conglomerate, plans to list its film production and distribution business within a year, Wang Jianlin, its chairman has told Caixin magazine.

Stocks rebound as brokerages, robotics companies lead gains

Chinese stocks rose, erasing losses, as brokerages rallied on speculation the government will allow them to freely conduct proprietary trading after imposing restrictions following a market rout earlier this year.

Chow Tai Fook profit drops 42%

Chow Tai Fook Jewelry Group Ltd, the world's largest publicly traded jewelry chain, has reported a 42 percent plunge in first-half profit amid weak demand in Hong Kong and Macao as China's economic slowdown hurt sales of luxury retailers.

State Grid to bid for Australian firm

Utility partners Macquarie in consortium, among 4 bidders for TransGrid of NSW

State-owned firm to invest $1.56b in Moscow realty

China Zhong Jin Yin Di City Development, a State-owned real estate company, is investing 10 billion yuan ($1.56 billion) in the Moscow property market, which it believes has huge potential and can deliver a high return on investment.

Oil giants consider pipeline, refinery sales

PetroChina Co and its State-owned parent are planning to sell assets before the end of the year that may include stakes in pipelines and refineries as the country's biggest oil and gas producers seek to shore up their balance sheets, according to sources with knowledge of the situation.

Robots ready to offer helping hand at home

Robots are becoming an everyday part of life for many, and not just for those working in high-tech factories or on automated production lines.

Becoming part of life, like smartphones

From a popular star in the industrial world, the robot is all set to become part and parcel of everyday life, like the smartphone has.