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Hainan Airlines launches direct service to Calgary

[2016-07-01 07:51]

Passengers heading from Beijing to Calgary in western Canada can now fly directly to the city, after Hainan Airlines launched a nonstop service on Thursday.

CEOs promote strategies based on innovation

[2016-07-01 07:51]

The chief executive officers of Chinese companies highlight innovation as a top strategic priority and the key to driving growth - more so than their global counterparts, according to a KPMG report.

Banking data firm says funding of fintech startups laden with risk

[2016-07-01 07:51]

Emmanuel Daniel, chairman of The Asian Banker, a financial services industry intelligence provider in emerging markets, warned Chinese banks they could kill the innovation of fintech startups by investing in them, as the banks themselves were huge IT companies that would suck in and absorb promising startups.

Vanke shareholder opposes ouster

[2016-07-01 07:51]

China Vanke Co Ltd's second-largest shareholder China Resources Group said on Thursday that it opposed plans by Baoneng Group to oust the property developer's board and had not reached any agreement with the largest shareholder on voting.

Hong Kong stocks jump most in a month

[2016-07-01 07:51]

Hong Kong stocks jumped the most in a month on Thursday, erasing a quarterly loss, as they extended a recovery from the selloff that immediately took place after the United Kingdom's vote last week to leave the European Union.

Angelababy and other stars jump into private equity

[2016-07-01 07:51]

Celebrities joining venture capital investments and startups has become a very significant trend in the fast-growing private equity market in China over the past 12 months.

Shanghai investor acquires stake in Timberwolves

[2016-06-30 08:17]

Mainland owner seen helping the team broaden its fan base

Adidas extends sports push

[2016-06-30 08:17]

Adidas AG signed an agreement with billionaire Wang Jianlin's Dalian Wanda Group Co to help develop soccer and basketball in China as the German company seeks to capitalize on increasing interest in sports and fitness in the world's most populous nation.

US hardwood exports to China rise

[2016-06-30 08:17]

The value of United States hardwood exported to China rose 4.8 percent year-on-year to $520 million between January and April. That was thanks to China's fast-growing real estate and eco-friendly building materials markets, said the heads of US exporters.

Zeavion to buy Gymboree's global early childhood education business

[2016-06-30 08:17]

Chinese-led company Zeavion Holding announced on Tuesday that it will purchase the early childhood development business of Gymboree Corporation, San Francisco-based global provider of children's apparel and early education programs, in a deal worth $127.5 million.

Fosun focuses on health, wealth and happiness

[2016-06-30 08:17]

Growth of middle-income group globally offers new opportunities in services sector

Dalian Zoneco fishing for move into profit

[2016-06-30 08:17]

Dalian Zoneco Group, one of China's largest seafood suppliers, is expecting its revenue to hike substantially this year, with both local and international sales expanding and operation costs dropping further.

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