The sharp correction in China's equities market will bring greater pressure on the capitalization and profitability of Chinese insurance companies which have high equity exposure, global credit ratings agency Moody's Investors Service Inc said on Monday.
Shares in Shanghai-listed China Railway Group Ltd surged 7.05 percent to 11.99 yuan ($1.87) on Monday after the company said it had finalized an asset-swap plan with its subsidiary.
Consumers might be familiar with Internet companies' logos, such as JD.com's metal dog, Tmall.com's cat, Ganlv.net's donkey and Tuniu.com's cow. While these animals on their own do make for adorable pets, I have often been flummoxed as to how firms chose them as mascots and their connection to the business.
China and the United Kingdom are exploring the launch of a stock trading link between the Shanghai and London stock exchanges, highlighting the strong desire on both sides to strengthen cooperation in the capital markets.
News Corp is believed to be exploring possible business opportunities in the Chinese technology market, indicating that the diversified media and information services company is planning to consolidate its presence in the country, reports published on social media during the weekend said.
Macao's casinos and gambling trip organizers are fuming over a proposed smoking ban there, while Singapore's puffing gamblers show why.
Investment strategy will be 'aggressive and decisive', says head of Fosun fund
Victor X. Liu could be the new face of China's manufacturing. The 42-year-old, who has a doctorate in power electronics from Virginia Tech in Blacksburg, Virginia, in the United States is far removed from the entrepreneurs who used to turn out plastic toys and other inexpensive products on China's southern and eastern coasts as the country became the workshop of the world.
The development of the farming sector has been high on the agenda of the Angolan government for the past few years as it diversifies its oil-dependent economy.
A leading Chinese construction equipment company is switching its focus to the farming industry by rolling out tractors instead of cement mixers as the property sector slows.
Put that car in the garage and jump on the back of a motorcycle. We're going for a ride. Yang Feiyue reports on a new jet set.
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