IN BRIEF (Page 18)

Measures spur housing recovery

Effects of down payment easing, lower transaction costs show in February realty data

Wenzhou whizzes take it easy in realty market

Businessmen from Wenzhou, Zhejiang province, among the China's wealthiest and also big-time property investors since 2000, appear to be not unduly excited by signs of incipient recovery in the housing sector in January.

RRR cut boosts property stocks

Property stocks rallied on Tuesday as developers are likely to benefit from the additional liquidity released from the reduction in the banks' reserve requirement ratios by the Chinese central bank.

Have home, won't sell

Despite booming real estate prices in Beijing, Wang Ke, a 32-year-old bank clerk, recently bought a 98-square-meter flat off the Third Ring Road.

Yidao eyes offering to take on rivals

Car-hailing company has been losing ground to Didi Kuaidi as sector gets locked into price war

Beijing Utour acquires Huayuan MNB for 2.6b yuan

Beijing Utour International Travel Service Co, one of China's top outbound travel agencies, announced on Monday it is buying 100 percent of the wholesale travel operator Huayuan MNB for 2.6 billion yuan($397.5million).

China Life to buy 23.7% stake in CGB

China Life Insurance Co Ltd gained 3.97 percent to close at 20.67 yuan ($3.16) per share on Tuesday, following an agreement to buy a 23.686 percent stake in China Guangfa Bank Co Ltd.

China resumes NPA securitization

Report says six leading banks will take part in trial program

Apple supplier Manz to sell 29.9% stake to Shanghai Electric

German machine builder Manz AG announced plans to sell at least a 29.9 percent stake to Shanghai Electric Group Co, with the possibility of a full takeover, as the Apple Inc supplier restructures its operations and seeks to raise funds.

Stocks head to year's low

Some analysts blame market concerns over registration system for initial public offerings

Jumei investors demand higher share buyback price

More shareholders in Jumei International Holding Ltd, the Chinese online beauty product retailer, are joining ranks in opposing the company's delisting in the United States, claiming the share buyback is being priced unfairly low.