IN BRIEF (Page 18)

Buoyed by affordable luxury

Makers of yachts, kayaks and inflatable boats are popularizing water-based recreational activities as healthy lifestyle options

Fun on water turns non-elitist

For long, gleaming luxury super-boats have been a recurring theme at boat shows in China. The 21st China (Shanghai) International Boat Show earlier this month, however, proved to be a game-changer.

Living aboard to dive, enjoy high-end voyages

China's yachting industry, like other businesses, is tapping the internet for faster development.

JD comes to the rescue of startups

E-commerce firm's platform helps new technology companies secure funding

Fish farms next on menu for New Hope

The billionaire chairman of New Hope Group Co, China's largest privately held agricultural company, is looking to buy fish-farming assets in Southeast Asia as part of a 10 billion yuan ($1.5 billion) push to expand overseas.

Indexes fall as industrial stocks retreat

Mainland equities swung into losses, with industrial stocks leading the retreat.

Alibaba enters car-hailing business

Alibaba Group Holding Ltd on Monday reached a strategic partnership with China's third-largest car-hailing company UCAR Technology Inc, a move that enhanced the influence of the internet giant in the booming segment.

Lithium carbonate maker's profits soar

The country's biggest lithium carbonate manufacturer by output has seen its profits soar, driven by a growing demand for new-energy vehicles.

COSCO buys stake in big Greek port

China's largest shipping company COSCO closed the deal to buy a majority stake in the Greece's biggest harbor, a move that would give the shipper control over one of the country's key thoroughfares into Europe.

Transparency issue cited in Anbang's exit

Chinese insurance conglomerate Anbang Insurance Group's withdrawal from the $14 billion bid to purchase US hotel chain operator Starwood Hotels and Resorts Worldwide Inc could highlight international wariness regarding the lack of transparency over the insurer's funding sources as well as the absence of a clear "game plan" regarding the acquisition, analysts said on Monday.

Mainland stocks climb as commodity firms gain

Chinese mainland stocks rose the most this month, led by commodity producers and financial companies, amid signs of a pickup in industrial demand.