Surging land prices in major cities will probably squeeze real estate developers' profit margins in the second half of the year, said industry analysts on Wednesday.
China Shenhua Group Corp Ltd, the biggest coal company in the country by output, posted net profit of 9.8 billion yuan ($1.48 billion) in the first half of 2016 on Tuesday, down 18.6 percent from the same period last year.
Hong Kong stocks edged higher on Wednesday, led by Macao casino operators, as a bull-market rally showed signs of exhaustion.
Caterpillar, Doosan look at secondhand market prospects
China's machinery manufacturers will face tougher markets both domestically and overseas due to falling demand and the weak global economy, industry experts said on Tuesday.
China has extended its review of Marriott International Inc's acquisition of Starwood Hotels & Resorts Worldwide Inc by up to 60 days, the companies said on Monday.
Oil and gas group says it withstood severe challenges in market
Chinese mainland stocks climbed to a two-week high on Tuesday, led by consumer and industrial companies, on signs of stabilization in the world's second-biggest economy.
Weibo Corp, the Chinese counterpart of Twitter Inc, expects a strong financial performance in the third quarter of the year, after the company saw more than fivefold increase in its net profit in the second quarter, driven by robust advertising revenue.
Airline provided flights and taught children piloting and operations
China Minsheng Investment Group, the nation's leading private investment firm, will pledge 100 million yuan ($15 million) to fund the studies in China of Indonesian managers or Chinese executives seeking investment opportunities in Indonesia in 10 years.
Spoiled and selfish are some of the ways China's so-called post-1990 generation are described. But now many members of that generation are taking positive steps to challenge these stereotypes.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
