Equities slump on economic concerns

Share prices plunged on Tuesday as jittery investors resorted to huge sell-offs on concerns that the government has halted its plan to buy equities to stabilize the market.

Middle-class families bear the brunt of swings on bourses

The wealth of middle-class families in China has shrunk substantially as a result of the recent stock market crash, said a report published by the China Securities Depository and Clearing Co Ltd.

Personal investable assets likely to reach $31 trillion in five years

Personal investable assets are expected to grow by 13 percent annually to reach 196 trillion yuan ($31 trillion) in the next five years, a new report said.

What's news

Governments and policies

Can apps offer a solution to our urban woes?

These really are the best of times for urban residents, who can tap an app on their smartphones to get almost anything they want, and at bargain prices.

Quotes of the day

Central bank injects $18.7 billion into market CHEN JIA

The People's Bank of China injected 120 billion yuan ($18.7 billion) worth of seven-day reverse repurchase agreements, or short-term loans to commercial lenders, into the interbank market on Tuesday.

Vanke profit slows despite more buyers in first half

China Vanke Co, the world's largest residential-property developer by revenue, posted slower net profit growth during the first six months of the year compared with gains in the same period last year.

Silver lining in Lenovo sales amid dark clouds

Lenovo Group Ltd has found a silver lining in its ailing smartphone business, as sales of entry-level handsets in overseas markets remained vibrant during the past few quarters despite a slowdown in China.

Looking beyond the real horizon

TCL Corp, a forerunner of Chinese firms venturing outbound for large mergers and acquisitions, will accelerate its globalization moves again with a focus on emerging markets.

Companies make hay from educational presentations on fighting graft

Companies that create sophisticated, museum-like educational presentations in support of the government's anti-graft efforts have sprung up around the country, as the drive to punish corrupt officials has intensified since 2012.

Print it, build it, move in: All in under three hours

The advent of a new technology not only excites us, but can have a profound effect on our daily lives.