IN BRIEF (Page 18)

International SOS sees major growth

Medical assistance firm targets expanding corporate market

Young Chinese coders star at Apple forum

With posters and invitations written in Apple Inc's Swift code typography unveiled ahead of its annual developers' extravaganza, the Cupertino, California-based company has already indicated that teaching coding to younger generations will feature at this year's worldwide developers conference.

Masteel to make high-speed wheels

China's domestically produced wheels for high-speed trains traveling faster than 250 kilometers per hour will be ready to replace the imported ones as early as in the first half of 2017, according to a leading Chinese train wheel maker.

Alibaba bears pounce on concerns

Traders have never been more bearish on Alibaba Group Holding Ltd, the fast-growing Chinese e-commerce company facing a regulatory probe and the loss of a key investor.

Fintech wave sparks investment funds

Chinese banks have moved to set up investment funds to acquire overseas financial technology companies, hoping to harness technical innovation in the financial sector, or the so-called fintech wave that is poised to disrupt the traditional banking business.

Tianjin ORAC plans to lift level of innovation

Tianjin ORAC Elevator Co Ltd plans to introduce robots to its assembly line in order to boost efficiency and speed up the pace of its transformation toward intelligent manufacturing.

City boosts finance leasing to help small businesses

Finance leasing is becoming the second-largest source of capital, after bank loans, for small and medium-sized businesses in Tianjin, an industrial and logistics hub in northern China, according to the city's financial watchdog.

Xiaomi instrumental in new Sichuan lender

Chinese smartphone maker Xiaomi Corp is expanding its presence in the finance industry by joining other investors to set up a private bank in southwestern Sichuan province.

Sino-German robots muscle in

When discussing linking Germany's Industry 4.0 and the Made in China 2025 industrial strategies, one of the first things that springs to mind is the robot sector, seen as perhaps the most promising area for cooperation between the two sides.

Shanghai Insurance Exchange launched

The Shanghai Insurance Exchange was launched on Sunday, which, as China's first insurance asset trading platform, will boost transparency and efficiency in the world's third-largest insurance market.

Markets await MSCI decision on A shares

US index provider MSCI Inc is due to announce early on Wednesday whether it will include China's A shares in its Emerging Markets Index. Inclusion would bring funds of $20 billion to $30 billion into the A-share markets.