Mainland stocks fell for the first time in eight days, halting its longest-winning streak since May, as financial and commodity companies slumped.
China's Sparkle Roll Group Ltd said it is in talks to acquire Bang & Olufsen A/S, the Danish maker of high-end hi-fi systems.
Company wants to tap into growing global demand for Chinese automobile brands
This year has witnessed a rapid expansion in Chinese companies' overseas takeover. But experts have cautioned that Chinese acquirers can't assume that they can replicate their domestic success formula overseas.
Shanghai Composite hits highest level since Jan 15
Marriott International Inc won over Starwood Hotels & Resorts Worldwide Inc with a sweetened bid worth more than $14.4 billion, just days after a Chinese insurance company appeared to steal it away from the hotel chain with a more lucrative offer.
Geo-Jade Petroleum Corp, a Chinese petroleum explorer, announced a plan on Sunday to purchase a Shanghai-based firm with overseas oil and gas assets worth 8.2 billion yuan ($1.27 billion).
As Takata fights to survive, a Chinese firm makes inroads into the tough market
China has made up its mind to boost the domestic aero-engine industry as a state-level major project, targeting to relieve the nation from its lasting pain in the "heart of plane" and economic pressures.
Li Xiaojian has worked manual jobs for more than 40 years, doing everything from harvesting wheat to driving a truck. What he is most proud of is that his son graduated from college and found a white-collar job four years ago. "I hoped his life would not be as hard as mine, and the key would be education. I saw that people with better education have more and better options in the job market," said the 57-year-old from Shaanxi province, who only finished junior high school.
Technology, medical, consumption and property stocks among A-share traders' favorites
China's commitment to reduce carbon emissions and increase use of renewable energies will likely benefit companies engaged in generation, transmission and storage of electricity, and give investors long-term opportunities, analysts said.
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