Industrial and Commercial Bank of China (ICBC), the country's biggest lender, said on Monday it has agreed to conduct a 5 billion yuan ($720 million) debt-for-equity swap with cement producer Jindong Development Group.
Information technology-based solutions can help Chinese companies boost product quality, efficiency, innovation and counter challenges such as rising labor costs - to pursue their goals opened up by the Made in China 2025 strategy, a leading international industry executive said.
China Vanke Co's shares declined sharply on Monday after it announced that it will terminate an asset-restructuring plan with Shenzhen Metro Group, marking an alleviation of the tension in its year-and-a-half-long battle for control, experts said.
Trading in shares of China Huishan Dairy Holdings Co was triple the three-month average on Monday, when it resumed trading after being suspended on Friday. Prominent short seller Carson Block targeted the Hong Kong-listed dairy farm operator and said he would seek out more companies in the city.
Chinese mainland stocks in Hong Kong fell to a one-month low, led by construction firms and insurers, amid concern government efforts to contain property bubbles and curb capital outflows will hurt earnings growth.
Tencent Pictures, the film unit of China's biggest internet company, is looking for acquisitions that can accelerate plans to make its own blockbusters instead of just writing checks for them.
Vanke, the country's largest property developer in terms of market value, has branched out into senior citizen care services.
Every morning, as soon as he wakes up, online storekeeper Ding Renpeng, 32, whips out his three mobile phones to check if some buyers left any messages on his WeChat account. That's become a habit for him and others of his ilk in Sangpo village near Mengzhou city, in Central China's Henan province.
Concur, a US-based travel and expense management solutions provider, sees enormous market opportunities in the China market.
The A-share market is expected to recover from recent declines as investors are optimistic after latest retail data reflected robust sales growth, analysts said.
The Hong Kong stock exchange is expected to keep its world No 1 standing in initial public offerings in 2016, followed by Shanghai in second place, according to KPMG, an international auditing and advisory company.
When Steve Jobs made his commencement speech to students at Stanford University in California in 2005 he told of how the calligraphy class he attended at Reed College in Portland, Oregon, years earlier had influenced him.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
