IPOs set to double to $44 billion

The amount of China's Initial Public Offerings is expected to total 300 billion yuan ($43.7 billion) in 2017 - double that of last year - as a result of several official initiatives supporting them, analysts said on Thursday.

Carlsberg said to weigh up bid for Tsingtao

Carlsberg A/S, the Danish beer maker, is weighing up whether to purchase a 20 percent stake in China's Tsingtao Brewery Co, sources said.

Heilongjiang airline set to take off

Longjiang Airlines Co Ltd, the first local airline in Heilongjiang province in northeastern China, is set to launch its first flight from Harbin to Zhuhai, Guangdong province, on Friday, with a stopover in Hefei, Anhui province.

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.