Wuhan Iron and Steel Co Ltd, one of the major listed State-owned steel companies in China, formally withdrew from the capital market on Tuesday.
An abandoned limestone mine in Dalian, Northeast China's Liaoning province, will be built into a tourism complex by Chinese billionaire Wang Jianlin's Dalian Wanda Group Co, an official with the Dalian municipal government said on Monday.
Jomoo Kitchen & Bath Co Ltd, one of China's biggest sanitary manufacturers, said it will be adding smart manufacturing to its operations, in a move to expand its presence in global markets.
Bank of China said on Monday it is placing greater focus on and devoting more resources to manage compliance risks and meet anti-money laundering rules in other countries, as it expands globally to serve Chinese companies and local clients.
E-commerce platforms and bricks-and-mortar stores could coexist and complement each other, analysts said on Monday, after the CEO of powerful Chinese e-commerce platform JD.com made disparaging remarks during a television program about its rival's offline stores in his hometown.
China's securities regulator has approved the nation's first IPO by a trust company in more than two decades.
Chinese stocks rose for the fourth straight trading day on Monday as liquidity concerns eased after the central bank resumed cash injections into the money market.
The Chinese stock market could face downside risks if external factors such as the ambitious economic package and tax reforms under US President Donald Trump's administration to boost the US economy fail to materialize, analysts said on Monday.
The Chinese are more likely to shop online than consumers from any other country, according to the latest survey by the International Post Corporation, a Brussels-headquartered association on postal services.
Yum China Holdings Inc, which had more than 7,500 outlets in China as at the end of last year, said it has plans to add about 600 stores in the country annually.
Credit China FinTech Holdings Ltd is planning more investments as it aggressively expands beyond its original loans and lease-financing businesses into online payments and peer-to-peer lending.
China will deepen supply-side structural reform in agriculture to develop the sector, according to a recent policy document.
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Raymond Zhou
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