Chinese tech company LeTV Holdings Co Ltd launched its first virtual reality goggles on Wednesday, as it seeks to edge out rivals in a quickly growing sector that may be as big as the smartphone market.
Spring Group, the parent company of Shanghai-based budget carrier Spring Airlines Co Ltd, has signed a strategic agreement with Japanese consumer electronics retailer Bic Camera Inc to tap into the growing spending by Chinese travelers in Japan.
Liu Zhenyu has his own thoughts of how university life should be spent.
China's securities regulator has halted fundraising by private equity companies on the country's new share-transfer system, underscoring increased concerns over an overheating market and the amount of capital the companies have been raising, according to industry sources.
The China Banking Regulatory Commission has revoked the private fund-manager licenses of 17 commercial banks, over what sources said were legal concerns.
Chinese mainland stocks rose to a three-week high in Hong Kong as brokerages rallied after Guotai Junan International Holdings Ltd said its chairman will resume his duties and Haitong Securities Co halted a share buyback plan announced during the midst of the rout for mainland stocks.
Medtronic Inc, considered the world's largest standalone medical technology development company, is to partner with California-based Sequoia Capital in setting up a China-based fund dedicated to medical sector early-stage investments.
Yang Weixin, a first-year student at Ludong University in Yantai, Shandong province, said he and his teammates worked feverishly to mend their wind-energy device, in the hours running up to the finals of a national science innovation contest last month.
Hitachi Ltd, the Japanese electronics giant, is claiming that 93 percent of its sales now come from what the company considers as "environmentally friendly products" - the result of its long-term Environment Vision 2025 plan, launched in 2007.
LeTV Sports, a unit of China's major online video company LeTV Holdings Co Ltd, is setting up a 5 billion yuan ($780 million) fund in partnership with Beijing Bird's Nest Culture & Creative Center to focus on sports industry projects.
A consortium led by China Machinery Engineering Corp is set to finance a coal-based power plant and a mining project being developed by Engro Corp, a Pakistani firm.
Taiyuan Iron & Steel (Group) Co Ltd, China's largest stainless steel smelter by output, is banking on high-tech products to turn the tide amid an industry slowdown.
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