Ascend Money Co, a digital financial services venture between Charoen Pokphand Group and Ant Financial, is poised to embark on a $100 million expansion next year into Southeast Asia.
Wasion Group Ltd, the Hunan-based manufacturer of electronic power meters and data collection devices, plans to invest 15.91 million yuan ($2.32 million) over the next three years to upgrade its production facilities with more industrial robots, said senior executives.
Shenzhen BTR New Energy Materials Inc, the world's leading anode materials supplier for lithium-ion batteries, said it is betting big on the development of the electric vehicle market to drive stronger growth of its business.
The Chicago Stock Exchange Inc said Chinese interests will control 49.5 percent of the exchange if a proposed sale of the company gains regulatory approvals.
China Evergrande Group, the country's largest property developer, stepped up a buying spree of shares in rival China Vanke Co Ltd in the weeks after a warning from the Shenzhen Stock Exchange that it is closely monitoring Evergrande's investments in listed companies.
Mainland stocks fell the most in two months, amid concerns liquidity may tighten and as a technical indicator suggested the mainland market is overheating.
The Citi Foundation invests in ideas and solutions to address complex social and economic challenges around the world. One of its priorities right now is supporting innovative ways to train young people for employment and help them build an entrepreneurial mindset by using internet technology.
The United Nations Development Program (UNDP) and China's largest home appliance supplier, Haier Group, announced on Tuesday that they will work together to offer quality drinking water in China's rural areas.
When 16-year-old high-school student Xu Lidong had his birthday party one Saturday in early November, friends tried to persuade him to celebrate with a glass of liquor. But he hesitated a little, then decided not to indulge - telling his pals and family that he hadn't hit the right age to try alcohol, a lesson well learned from participating in a responsible drinking awareness program.
Rail-ware 'capital' Zhuzhou, the 'Engine Valley', dares to punch above its weight
Hunan CRRC Times Electric Vehicle Co Ltd, a Zhuzhou-based electric vehicle manufacturer, will invest 1.5 billion yuan ($219 million) to set up an electric bus plant in Hebei province.
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Raymond Zhou
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