Chinese mainland stocks fell for the first time in three days, led by commodity producers, amid speculation raw-material prices will extend declines as a faltering economic rebound curbs demand.
Beijing Electric Vehicle Co, a subsidiary of BAIC Motor Corp, plans to raise funds through an initial public offering to enlarge its production capacity, a senior official said on Monday.
Artificial intelligence remains one of the world's fastest-growing areas of industrial development, highlighted again in March when Google Inc's computer program AlphaGo beat the South Korean champion Lee Se-dol at Go, the ancient board game.
Zhongguancun Science Park is a multibillion dollar affair that is spearheading Beijing's technological innovation and contributing to Beijing-Tianjin-Hebei's coordinated development.
Cargos from 47 Chinese cities and regions will be exported to Russia and to other countries in middle and eastern Europe through the newly opened Chifeng-Manzhouli-Europe railway route.
Bayer AG said on Monday it has made an unsolicited $62 billion all-cash offer to acquire Monsanto Co and create the world's biggest supplier of farm chemicals and genetically modified seeds. It disclosed the terms of its bid amid investors' growing concern that it might overpay.
Chinese mainland stocks rose for a second day, with volatility plunging to 15-month lows, as investors sought companies least exposed to a slowdown in the manufacturing economy.
China Molybdenum Co Ltd, the country's largest manufacturer of the soft metal widely used in industry, has revealed plans to raise as much as 18 billion yuan ($2.8 billion) via a share placement.
China's appetite for meat has made billionaires out of two of the country's largest animal-feed providers. Bao Hongxing, chief executive officer of the closely held Twins Group Co in Jiangxi province, China's fifth-largest animal-feed producer, has a $1.8 billion net worth, according to the Bloomberg Billionaires Index.
Investors will likely see a mixed and sluggish trend in the Chinese stock market this week as the downside risks to China's growth outlook persist amid rising concern over policy uncertainty, analysts said.
Zhangjiagang Rural Commercial Bank has received the approval of the China Securities Regulatory Commission last week to go ahead with its planned initial public offering, which is set to raise at least 2.3 billion yuan ($354 million).
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