Three Chinese financial technology startups have begun their three-month long residency in Australia as part of the largest cross-border incubation. Australia is seeking to become the financial technology hub of the Asia-Pacific region through their FinTech Asia program, while removing regulatory barriers and implementing other mechanisms to help drag the economy away from mining-led growth.
China's market for initial public offerings is the hottest it's ever been, thanks to the securities regulator.
In two consecutive weeks to Wednesday, more than 230 companies debuted on the National Equities Exchange and Quotations, also known as the New Third Board, China's capital market for startups.
A few months ago I bumped into a friend in a Japanese restaurant. He ordered a pot of sake and invited me to join him. I told him I was going to get a cat, and his jolly mood instantly turned somber.
It is almost impossible to know how many cats there are in China, because there are so many strays, living a miserable existence in which they are constantly threatened not only by raw nature but also by the darker side of humanity.
Consolidation of China's steel industry may be more complicated than many outside observers thought, according to some central government sources.
Tashan Coal Mine, the world's largest single-entry underground mine, has cut its production capacity by 15 percent over the last four months, in a key feature of the supply-side reform in China's coal industry.
Zhang Jiwen almost lost his job when a furnace he worked at for many years was demolished at Xuansteel, a subsidiary of HeSteel Group Co Ltd, in northern China's Hebei province.
China's largest telecom service provider, China Mobile Ltd, said its first-half net profit edged up 5.6 percent, its first interim profit rise in three years, as growth from lucrative 4G services helped it fend off stiff competition.
New China Life shares increase on Fosun stake purchase
The nation's soft drinks market shrank because of the sluggish demand in the first half of the year, industry analyst said.
Brokerage shares gained big in both mainland and Hong Kong stock markets on Thursday, amid growing expectations of the launch of the long-anticipated Shenzhen-Hong Kong Stock Connect program.
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