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Mengniu shares leap 12% as interim sales rise

[2016-08-26 08:40]

China Mengniu Dairy Co posted first-half revenue up 6.6 percent to 27.26 billion yuan ($4.1 billion) on the previous year, beating market expectations and taking its share price up more than 10 percent on Thursday, but the company also reported that profit declined in the six months to June.

Dutch high-frequency trader under China stock-index probe

[2016-08-26 08:40]

Dutch high-speed trading firm IMC BV is being investigated by authorities in China for its activities in the country's stock-index futures market last year.

US firms in China remain upbeat despite challenges

[2016-08-25 08:06]

Despite the mainland's economic slowdown and increasing competition from local companies, most US businesses in China remain profitable and are optimistic about the market, according to the latest survey by the US-China Business Council.

Investment raid on soccer gathers pace

[2016-08-25 08:06]

China's investment assault on European football has gathered further momentum as a Chinese takeover of Premier League club Hull City appears imminent and multiple investors have lodged inquiries over taking a stake in Liverpool FC.

Internet takes custom tailoring to a wider market

[2016-08-25 08:06]

Editor's Note: In this ongoing series on the birth and growth of privately owned Chinese companies that are redefining innovation, China Daily profiles Red Collar, a Qingdao-based Chinese leading menswear manufacturer that is integrating cloud computing technology, big data and the internet of things into clothes manufacturing.

Wanda set to seal film deals

[2016-08-25 08:06]

Real estate and entertainment conglomerate Dalian Wanda Group Co expects to seal two billion-dollar film-related deals in the United States this year, chairman Wang Jianlin said, as China's richest man steps up his push into Hollywood.

CNOOC suffers big loss on low oil price

[2016-08-25 08:06]

CNOOC Ltd. posted its first-ever half-year loss as crude's plunge and writedowns on assets, including Canadian oil sands, destroyed profit at China's biggest offshore oil and gas producer.

Smelter targets overseas M&A

[2016-08-25 08:06]

Jiangxi Copper Co, China's biggest copper producer, said it will step up overseas mergers and acquisitions after low metal prices eroded profit by more than a third.

Postal Savings Bank said to seek approval for $8b IPO in Hong Kong

[2016-08-25 08:06]

Postal Savings Bank of China Co, moving closer to the world's biggest share sale this year, will seek listing approval this week for a Hong Kong initial public offering that could raise about $8 billion, people with knowledge of the matter said.

Caterpillar emphasizes readiness

[2016-08-25 08:06]

Caterpillar Foundation has invested in a disaster preparedness and in a special mitigation fund co-founded with the China Foundation for Poverty Alleviation that aims to ease more effectively losses caused by natural disasters.

HSBC helps empower residents

[2016-08-25 08:06]

On a Thursday evening in early August, 17 panel members and some 40 residents gathered in a meeting room at the community services building in Jingming Jiayuan, a residential community with more than 20,000 residents.

Honeywell innovation contest inspires aerospace students

[2016-08-25 08:06]

Honeywell Aerospace, a major provider of aircraft hardware and avionics systems, held an award ceremony for its second annual aerospace innovation contest in Beijing on Aug 9.

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