Shanghai Pharmaceuticals Holding Co Ltd agreed to take a 60 percent stake in Australian vitamins maker Vitaco Holdings Ltd for around 938 million yuan ($141 million) on Thursday.
China United Network Communications Group Co is likely to see further profit decline in the coming quarters, as the State-owned firm continues its hefty investments into 4G infrastructure to catch up with the market leader, analysts said.
Chinese mainland stock markets ended roughly flat on Thursday, even as most other Asian markets rallied, with investors put off by signs that the government is trapped between unappealing policy alternatives as it battles to stimulate the sluggish economy.
After extending its lead over Apple Inc in the global smartphone market with the Galaxy S7, Samsung Electronics Co is now trying to keep that spirit alive before a new iPhone arrives.
The US unit of Shanghai Municipal Investment, the largest State-owned enterprise in Shanghai, is reportedly taking part in a multi-billion-dollar condominium project in New York City.
Two leading Chinese companies are bullish on India amid the cooling-off of diplomatic relations between the two countries and downward pressure on the home economy.
Analyst said investment into urban rail transit infrastructure in China, including subways, light rail and modern trams, has great potential and could increase 90 percent in the next five years, making a market worth hundreds of billions of yuan per year.
The Ministry of Industry and Information Technology and Bank of China Co Ltd on Wednesday, released a five-year plan to support the international development of small and medium-sized enterprises, including helping them with overseas mergers and acquisitions and to form joint ventures.
Indian multinational steel giant ArcelorMittal has transferred 1.1 billion yuan ($165.9 million) worth of shares in Hunan Valin Steel Co Ltd to a Chinese fund, citing Valin's main business shift from steel to finance.
Blue Pool Capital Ltd, which invests billions of dollars for wealthy clients including two top Alibaba Group Holding Ltd executives, is in advanced talks to back a new hedge fund that's being planned by a former Asia head of Balyasny Asset Management LP, according to sources with knowledge of the matter.
China's real estate giant Dalian Wanda Group announced last month that it will donate 10 million yuan to help build two new modernized schools in Qingdao, in East China's Shandong province, a further step to show the group's continuous philanthropy for education.
A conference that aims to help Hong Kong youth understand more about the Chinese mainland, to encourage them to start their own businesses, and to work in the mainland, took place in Tianjin in July.
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