China General Nuclear Power Group, the country's biggest nuclear power reactor operator, has signed a $7.7 billion agreement to set up two nuclear reactors in Romania.
Beijing-based Anbang Insurance Group Co is to buy the United States-based life insurer Fidelity & Guaranty Life Co for about $1.57 billion as part of its overseas expansion plans.
On the day the world's biggest one-day shopping spree takes place in China, a United States-based online firm is targeting Chinese consumers in the US with deals from major companies.
At the stroke of midnight on Tuesday, history will have been made as scores of Chinese shoppers log on to the Internet to be part of the mammoth 24-hour shopping festival.
Chinese police slapped a two-year freeze on more than $670 million of shares owned by the mother of Xu Xiang, the Shanghai hedge fund boss under investigation for alleged insider trading and stock manipulation.
Wenzhou Kangning Hospital, China's largest private psychiatric health care group by revenue, launched its HK$680 million ($87.7 million) initial public offering on the Hong Kong stock exchange, as part of its efforts to raise additional capital for business expansion.
Share prices dipped on Tuesday after financial firms weakened and failed to drive gains in the broad market, but losses were limited on prospects of economic and financial reforms.
China's express delivery firms are preparing for the busiest season of the year.
An Fennan will play a key role in Alibaba's rural e-commerce strategy for today's spending spree.
China Eastern Airlines Corp Ltd will become the first Chinese mainland carrier to provide in-flight Wi-Fi services on select long-haul international flights.
Investment bank China International Capital Corp rose as much as 7.39 percent in its Hong Kong debut as China's decision to allow a resumption of initial public offerings boosted the outlook for its business.
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Raymond Zhou
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