Tencent opens up platform to boost sharing economy

Tencent Holdings Ltd has announced that it will fully open up its big data platform and machine learning technology in a move to build a "sharing economy" based on cloud services.

Inner Mongolia company enables self sufficiency in steel tubes

Self-developed manufacturing equipment is key for China's high-end manufacturing drive, said a top executive of Inner Mongolia North Heavy Industries Group Corp.

Vanke rises as battle hots up

Shares of China Vanke Co Ltd rose on Wednesday after its largest shareholder, financial conglomerate Baoneng Group, upped its stake the previous day in the country's biggest residential developer, in the latest twist in a high-profile corporate struggle for control.

FAW listing said to be out of reach for some years

State-owned auto giant FAW Group Corporation is very unlikely to reach its goal of whole-group listing in the foreseeable future, an anonymous source told China Daily on Tuesday.

Hong Kong stocks sell off on Brexit fears, again

Hong Kong stocks fell to a one-week low, joining a global selloff spurred by renewed concern that Britain's exit from the European Union will weigh on world economic growth.

Social live video app Inke shoots for the stars

With the help of live-streaming apps these days, anyone can be a star. The fast-growing mobile video service sector has caused a great buzz in China because it allows users to broadcast what they are doing in real time and to make some real money - if viewers like their shows.

Sonova run highlights plight of those suffering hearing loss

Switzerland-based Sonova Group, the manufacturer of innovative hearing care solutions, has raised and donated more than 1 million yuan ($149,000) to the China Foundation for Disabled Persons through its recent charity run event in Shanghai.

AkzoNobel's sustainability strategy

AkzoNobel NV, a leading Dutch multinational that makes paints, coatings and specialty chemicals, will continue to sharpen its competitive edge by adopting a strategy of safety and sustainability in the Chinese market, said a senior executive.

IN BRIEF (Page 18)

Alibaba said to pay $200m for Wandoujia app store

Move aimed at gaining a firmer foothold in the domestic application distribution market

PCVP joins HNA to bring in French style

France's largest vacation real estate company Pierre & Vacances-Center Parcs Group and Hainan Airlines Co Ltd will build three vacation sites with an area of more than 300 hectares in China, to bring the French leisure vacation lifestyle to the Chinese market, the two companies said in Paris and Beijing on Monday.

PSBC files prelisting documents

Postal Savings Bank of China Co Ltd, gearing up for an $8 billion initial public offering in Hong Kong in the second half of this year, on Monday published its IPO prelisting application on the website of the city's stock and futures market operator - Hong Kong Exchanges and Clearing Ltd.