Major Chinese airlines face a turbulent time with a weaker yuan trimming profits.
Shock waves from the decision to devalue the yuan against the US dollar earlier this month have reverberated across Asia.
Mainland shares fall further as Hong Kong recovers from losses Equities continued their wild swings on Tuesday, with shares falling by another 7.63 percent in Shanghai and bouncing back from losses in Hong Kong.
Smartphone giant HTC Corp on Tuesday denied media reports that it was planning to sell its manufacturing facility in Shanghai as part of its efforts to cut costs.
Shanghai-based Baoshan Iron and Steel Co, China's largest listed steelmaker, said on Tuesday that it has taken enough measures to guard against further losses from currency swings.
Most of the steel companies listed on the A-share market have seen a sharp erosion in profits during the first six months of the year, due to the glut in domestic production.
I can remember the moment a friend suggested that I buy my first portfolio of shares, just around the time the benchmark Shanghai Composite Index neared 5,000 points at the beginning of June.
China's top legislature has approved the local government debt quota for this year, but the market is still scrambling to figure out what the actual quota is, a critical question that is unanswered.
Laughs were shared, hands were shaken and some tears shed after the much-anticipated change of the guard at the nation's top three telecom carriers on Monday.
Flagging industrial production is adding more downside risks to the Chinese economy and deterring international investors from making fresh commitments.
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