Widespread falls as new data looms

Most Chinese mainland stocks declined, led by industrial and consumer-staples companies, as investors awaited the release of economic data. Gains by power producers capped losses.

Sources: Wanda to proceed with buyout

Dalian Wanda Group Co is proceeding with plans to buy out its Hong Kong-listed property unit, after considering whether to scrap the deal in the wake of Chinese regulatory concerns, according to industry sources familiar with the matter.

Debt-hungry China Inc fuels local banks' takeover of Asia bond league tables

Chinese banks have for the first time claimed the top spots for Asian bond market underwriting, on the back of a booming local corporate bond market and increased funding needs of companies in the world's second-largest economy.

BOC increases bite in Big Apple

When Bank of China moves to 7 Bryant Park in midtown Manhattan this fall, it will join major American financial institutions in the neighborhood, and continue its expansion in the US as its overseas business grows.

Hakim plans further listings

Hakim Unique Group, Chinese billionaire Wang Qicheng's privately owned conglomerate, plans to list shares in other holding companies within the next three years, Wang said recently.

Stocks hit by reported ban by CSRC on non-core buys

Gaming, entertainment and virtual reality stocks declined on Wednesday after a media report suggested the Chinese securities regulator had banned listed-companies from acquiring assets in industries not related to their core activities.

Yadea set for $286m Hong Kong share offer

Yadea Group Holdings Ltd, China's largest two-wheeled electric vehicle manufacturer by output, has launched a 1.86 billion yuan ($286 million) share offer in Hong Kong.

Financials off in HK amid stimulus speculation

Mainland stocks in Hong Kong resumed declines Wednesday as financial companies retreated amid speculation the central government will refrain from adding stimulus even as the economy slows.

Beijing's elderly enjoy best benefits

Beijing has topped a newly created league table of China's most elderly-friendly areas, ahead of Shanghai and Zhejiang province.

P&G delivers 6m diapers to 96 orphanages

Pampers, one of global retail giant Procter & Gamble Co's biggest business units, is donating 6 million paper diapers to 96 orphanages across China to raise awareness of the importance of sleep to young people.

Starbucks reaches out to Chinese youth

Wang Huihui, a 17-year-old from Luoyang in Henan province, came to Beijing just after graduating from middle school.

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