The Securities and Futures Commission of Hong Kong is seeking legal action to disqualify five former and current directors of mainland solar energy firm Hanergy Thin Film Power Group from being directors or being involved in the management of any Hong Kong corporation for up to 15 years.
Shanghai Municipal Transportation Commission held an urgent meeting with the leading ride-hailing company Didi Chuxing on Tuesday, urging the platform to eliminate the price-hiking function within two days.
Guizhou province, one of the major coal suppliers in southwestern China, plans to close 120 coal mines and cut coal capacity by 15 million metric tons in 2017 to answer the nation's call to tackle excess production in the sector.
The newly established China Internet Investment Fund is expected to foster innovation and entrepreneurship within the internet sector via a market approach, analysts said on Monday.
Supply-side structural reform will continue to be a priority of provincial governments this year as China resolves to press ahead with the major tasks of reform amid downward economic pressure, said provincial governors and businessmen.
Company was founded by a leading adviser to US President Donald Trump
Tencent Holdings Ltd's messaging services were by far the most popular mobile apps in China in 2016, leading steady growth in the world's largest internet and smartphone market, a report showed on Sunday.
Mainland's main share index ended at a two-week high on Monday, but pared some of its earlier gains in thin turnover as investors were reluctant to stake out fresh positions ahead of the country's biggest holiday.
China may accelerate approvals of green bonds this year as the nation battles a toxic wave of smog, according to Guotai Junan Securities, the nation's top underwriter of the notes.
China's policymakers must make greater efforts to stabilize investor confidence as the country is facing the pressure of a slowdown in housing investments this year, economists said.
Beijing's office space market is projected to see continuous downward pressure on rent prices in 2017, due to a glut of supply and high inventory, industry reports say.
Anticipation of the regulator's acceleration of new share sale approval as well as the push for financial deleveraging could be a source of pressure on the Chinese stock market in the coming weeks, analysts said.
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