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Weekend Life

Guangzhou Auto Group looks to crack US market

[2017-01-10 07:49]

Guangzhou Automobile Group Co, which produces cars in China with Fiat Chrysler Automobiles NV, plans to start exporting its own brand of automobiles to the US next year and become the first Chinese carmaker to begin retail sales to US consumers.

Growing Chinese market target for UK toymakers

[2017-01-10 07:49]

China's growing middle class and changes in the family policy mean the country is a rapidly growing market being targeted by UK toymakers, according to UK-based toy expert John Baulch.

Air Products to acquire industrial gas maker

[2017-01-10 07:49]

Air Products & Chemicals Inc said it made an offer to buy China's biggest producer of industrial gases, the latest for an industry that has seen a trend of consolidation globally.

BYD plans to set up two bus plants

[2017-01-10 07:49]

BYD Co, China's largest electric vehicle maker, plans to set up two new factories in Latin America this year to produce electric buses, as it seeks to overcome obstacles in selling them to more cities at home.

SOE reform leads to rising stock prices

[2017-01-10 07:49]

China stocks started the week on a firm note, led by defense stocks, as more central State-owned enterprises (SOEs) mulled plans to push mixed-ownership reforms. The blue-chip CSI300 index rose 0.5 percent on Monday to 3,363.90 points. The Shanghai Composite Index also added 0.5 percent, to 3,171.24 points.

Foreign demand for A shares expected to escalate in 2017

[2017-01-10 07:49]

UBS Group AG said on Monday that the trading volume of China's A shares by its overseas clients will likely double in 2017, as China continues to liberalize its capital markets, according to a senior executive of the Swiss bank.

Bankers count on M&A, China to spur loan growth

[2017-01-09 07:13]

Loan bankers in Asia are relying on companies' merger and acquisition activities and China's Belt and Road Initiative to fuel loan growth this year after volumes in the region stagnated in 2016.

Hong Kong parking garage may fetch $2.2bn in 2017

[2017-01-09 07:13]

Hong Kong's government has announced the first sale of commercial land in the city's central business district for more than 20 years.

Wecar shows more money in fuel stations

[2017-01-09 07:13]

Gasoline stations in China are already making money, but that's only the tip of the energy chain iceberg, according to Luo Yi, founder and CEO of Wecar, a Shenzhen-based startup since 2014.

Reforms stabilize stock markets

[2017-01-09 07:13]

In the first quarter of 2017, deepened reforms are creating opportunities for investors. And, the deleveraged capital market with better regulation and fewer risks will benefit sectors with solid fundamentals, said an analyst.

Liquidity squeeze set to be biggest risk for 2017

[2017-01-09 07:13]

China's money-market liquidity squeeze is about to get worse.

The big picture

[2017-01-07 06:47]

Two and a half millennia after Confucius said that "One seeing is worth a hundred hearings" some bright spark in the English-speaking took a page out of the great sage's book and came up with "A picture is worth a thousand words".

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