IN BRIEF (Page 18)

Soccer education 'a profitable investment'

Property giant Guangzhou Evergrande's $14-million deal to get teenaged Chinese players trained in Spain promises to yield big returns

China Telecom underlines 4G focus

China Telecommunications Corp, the country's third-largest telecom carrier, has upped the 4G ante by promising more resources to grow its user base in 2016.

Plane engine firms to join forces

China plans to merge more than 40 entities working on plane engines into a group with 145 billion yuan ($22 billion) in assets as part of a broader push into advanced industries to propel its economy, sources familiar with the proposal said.

Investors cheered amid stimulus talk

Main stock indexes all surge more than 3% in biggest gain in more than two months

Foreign lenders required to hold reserves in RMB

PBOC unveils more steps to stabilize currency amid capital outflows

4 low-cost carriers establish alliance

U-Fly Alliance, the world's first low-cost carrier alliance, was established by four Chinese low-cost airlines in Hong Kong on Monday.

Wanda plans 'substantial' deals as sales slump

Dalian Wanda Group Co, the property-to-entertainment conglomerate headed by Asia's richest man, is planning five "substantial" acquisitions this year as the company braces for a drop in sales.

YTO moves ahead with listing plan

Company considering reverse merger with top garment manufacturer Dalian Dayang Trands

Equities end their losing streak as small caps rebound

China's stocks rose after a home-price recovery spread to more cities and speculation grew equities were oversold after the benchmark index entered a bear market last week.

Regulator faces reform challenge

The current stock market volatility will challenge the Chinese regulator's ability to respond and implement reform, analysts said after the country's securities chief acknowledged deep flaws in the system.

US telecoms expert swears by Belt and Road, Internet Plus

Stephen Ho foresees the most remote areas leapfrogging to digital era