Roller coaster day leaves China stocks on a high

Chinese stocks rose to the highest level in almost a month, led by consumer-staple and technology shares, adding to the benchmark gauge's steepest rally since March this week.

Patent deals help Xiaomi expand

Xiaomi Corp has bought nearly 1,500 technology patents from Microsoft Corp in a deal that may smoothen potential legal tangles over intellectual property as it pushes beyond China.

Gay app Blued taps into pink economy

Blued, China's most popular gay social-networking app, said on Wednesday it has completed Series C and C+ rounds of financing, and netted several hundred millions of yuan in those two rounds, without disclosing details.

SMG buys stake in US group Jaunt

Shanghai Media Group, one of China's largest media groups, announced a strategic investment in Silicon Valley-based virtual-reality company Jaunt Inc - to expand its business into the virtual-reality market.

BOC Aviation ends flat on HK debut

BOC Aviation Ltd, the aircraft leasing unit of Bank of China Ltd that raised $1.1 billion from a share sale last month, rose as much as 4.4 percent during the intraday trading on its debut in Hong Kong on Wednesday.

Rally in Chinese mainland stocks fizzles as banks, utility shares retreat

The biggest jump in Chinese mainland stocks in almost three months petered out, led by a decline in banks and utility companies, as manufacturing data failed to ease concern about the economic outlook.

Charity institute to underline leadership

The first class of 49 students, from 14 cities across China, has started at the China Global Philanthropy Institute - an organization created by Microsoft Corp co-founder Bill Gates and other leading philanthropists.

Sinopec promotes the joy of water

Energy giant Sinopec Group is continuing to fuel people's thirst for water, after providing 10,000 cases of Dolma Spring-branded spring water to an international athletics meeting held in Beijing last month.

Standard Chartered looks to improve eye treatment in China

Fei Yuxi, director of the ophthalmology department at the Guangdong Lianzhou People's Hospital, is looking forward to improving his team's surgical skills and ability to diagnose and treat eye diseases, after they attend a standardized training program to improve eye care in rural China.

IN BRIEF (Page 18)

BOC Aviation's $1.1 billion IPO rides sector boom

The skies above Asia are set to get more crowded during the next 20 years, as airlines acquire more planes to fly increasing numbers of passengers from developing economies. That timing couldn't be better for aircraft leasing company BOC Aviation Ltd.

Textron says freight aircraft demand is really taking off

China's demand for versatile utility aircraft capable of freight transportation will increase dramatically in the near future as the country invests huge money in infrastructure development in its remote regions, according to a leading industry executive.