Bank of China sells stake in power firm

Bank of China Ltd has agreed to sell a 20 percent stake in a power company, Huaneng International Power Development Corp, for 8.7 billion yuan ($1.3 billion) in its latest move to streamline assets that have more than doubled since 2008.

Mainland stocks sink in HK to extend Asia's biggest losses

Chinese mainland shares in Hong Kong extended the biggest sell-off in Asia this year on concern the nation's deepening economic slowdown will sap corporate earnings.

Firms develop CSR awareness

Just over one-third of companies listed at the Shanghai Stock Exchange chose to publicize their social responsibility reports this year, a further indication that firms are attaching greater importance to the issue, according to a new research.

Rising from the rubble: Lushan school reopens

Last month marked the end of a long road for children at the Siyan Middle School in Lushan county, Sichuan province.

Amazon Kindle paves way for e-libraries in rural schools

Amazon Kindle has teamed up with the China Foundation for Poverty Alleviation to fund a network of e-libraries in rural schools, in an effort to narrow the educational gap between cities and underdeveloped villages.

IN BRIEF (Page 18)

Maternity nurses seek to deliver high-cost services

Postpartum care providers are in demand amid expectations of a baby boom, but some pregnant women are not very pleased

Mom, baby and the supermom called confinement center

These days, Chinese moms like to receive postnatal care at expensive confinement centers. With China relaxing its 35-year-old single-child policy to allow couples to have two children, expectations of a baby boom are raising hopes for the confinement center business.

Vanke finds its white knight

Property giant says unidentified ally to help in tussle with largest shareholder

Kunlun Energy shares surge after asset deal

Shares of Kunlun Energy Co hit a seven-month high in Hong Kong on Tuesday after its parent PetroChina Co said it was selling its entire holding in PetroChina Kunlun Gas to Kunlun Energy for 14.8 billion yuan ($2.28 billion).

Equities rebound as financial companies see robust trading

Chinese mainland stocks rebounded from the biggest drop in a month as financial companies advanced and turnover waned before year-end holidays.

The Great Chinese Travel Bazaar

Tourists are now season- and activity-conscious, the whole planet is their playground, and destinations abound