Mainland H shares head toward five-month high

A measure of mainland shares traded in Hong Kong headed towards a five-month high, led by property developers and carmakers amid optimism their earnings outlook will improve.

Toshiba discusses options as reports swirl about chip sale

The Toshiba Corp said it is discussing an optimum solution for its semiconductor business, after media reports said the tech giant would sell a minority stake in its computer-chip business to some bidders.

Bike-share startup seeks permits

Chinese bike-share startup Bluegogo, which had planned to fill San Francisco's public bike racks with rental bicycles, is seeking permits after drawing backlash from city leaders.

Insurance firms 'need to catch up'

The development of corporate social responsibility by Chinese insurance firms has not been balanced and the industry is still trying to catch up, recent research showed.

GAC Motor drives into pole position to preserve wetland

Leading auto manufacturer GAC Motor has signed a memorandum of cooperation with Sanjiangyuan National Nature Reserve Administration and the World Wildlife Fund on a three-year environmental protection project, taking an important role in the development of China's first national park conservation plan.

HTC eyes positive impact of VR to promote UN development goals

HTC Corp has allocated $10 million in funding to drive virtual reality content and technologies that will create a positive impact and change in support of the United Nation's Sustainable Development Goals by 2030.

New generation of philanthropists hit a new high for donations to charity

Tencent chairman and chief executive Ma Huateng topped the list of China's 100 most generous philanthropists last year, as he promised to donate 100 million shares of Tencent stock, equal to 16.985 billion yuan ($24.75 billion), according to a new report.

IN BRIEF (Page 18)

Analysts foresee greater flows into Hong Kong

A net flow of 16 billion yuan ($2.3 billion) was recorded in the Shenzhen-Hong Kong Stock Connect after two months of the second stock link being in operation.

Citi gets bond settlement license

Citi (China) Co Ltd announced on Tuesday it has received approval from China's central bank to act as a bond settlement agent in the country's interbank bond market, thus becoming the first US-based bank to be granted a Type A Bond Settlement Agent license.

Chinese stocks fall as oil decline takes toll on energy companies

Chinese equities dropped as weaker oil prices weighed on energy companies, and as investors fretted over data on the nation's foreign-currency reserves to help gauge the outlook for the yuan.

Favorable climate in Hainan attracting holiday investors

The real estate industry is expected to continue to grow in Hainan, China's only tropical province, as more people look to buy holiday homes in an area with a favorable climate, said business insiders.