Hearst bullish on TMT deals despite high valuations

Hearst Ventures, the investment arm of the American mass-media group Hearst Corporation, plans to raise its activities in China's telecommunication, media and technology sectors, despite the current high valuations of some targets.

China Merchants, Summa to build Zarubino Port

China Merchants Group, the State-owned transport, finance and property conglomerate based in Hong Kong, is to take part in the construction of Russia's Zarubino Port, according to a report on Sputnik News.

Yirendai eyes $100m on NYSE, December trading

Yirendai, an online consumer finance marketplace, is planning to raise $100 million in an initial public offering on the New York Stock Exchange.

Innovation Works' arm targets listing on Third Board

Kai-Fu Lee, the former China head of Google Inc, is planning an initial public offering at his venture firm, with a portfolio of hundreds of companies valued at more than $2 billion.

Risk hints push stocks down

Stock prices fell for a second day after President Xi Jinping said the world's second-biggest economy was facing "considerable downward pressure".

Clothing donation plan spreads warmth

The Western Warm Plan, China's largest second-hand clothes recycling project, has opened another 15 item-receiving sites in Beijing, and is looking particularly for more winter coats this year, as the mercury starts to drop across the country.

Christie's puts its art and soul into communities

Art is naturally at the core of what constitutes corporate social responsibility at Christie's, one of the world's top auction houses.

Dignity and love for unfortunates make a difference

Yang Yueqing can still recall her very first sight of "Olivia" three years ago.

IN BRIEF (Page 18)

Baiyunshan to spear the world with Jin'ge pills

Erectile dysfunction medicine sees $109.4m in sales since its launch in October 2014

Entrepreneurs express confidence in pension infrastructure outlook

The country's new generation of business owners remains largely confident in China's existing pensions infrastructure over the next five years, according to a new report.

Small firms may scale down investments

Chinese entrepreneurs expect investment to slow and are cautious, amid weak demand, for the year ahead.