Recent yuan depreciation has not dampened Chinese tourists' enthusiasm for outbound trips, but has changed what they do abroad significantly. Now, instead of going on shopping sprees, they savor their leisurely hours.
China Great Wall Asset Management Corporation will start preparatory work for an initial public offering in the mainland and Hong Kong next year.
Shaanxi J&R Optimum Energy Co Ltd is setting its sights beyond its main business of making firefighting equipment, betting that it can achieve strong earnings in the new-energy vehicle industry.
Billionaire Wang Jianlin's Dalian Wanda Group Co is in takeover talks with several candidates to be the conglomerate's vehicle to list its property unit, according to people familiar with the matter.
It took one year for China Eastern Air Holding Co to transform from a debt-laden group to a profit-making one.
Wuhan Hirun Engineering Equipment Co Ltd said it is aiming to export more bridge and anti-seismic products, after building its first high-performance seismic testing machine earlier this year to simulate earthquake effects.
Wuhan, the capital city of Hubei province, is using targeted projects to attracting overseas expertise, both Chinese and foreigners, according to a top official of the city.
Alibaba Group Holding Ltd will spend more than 2 billion yuan ($290 million) buying about one-third of Sanjiang Shopping Club Co, picking up a slice of a regional Chinese discount supermarket chain, which has more than 1 million members.
Chinese mainland mobile developer Meitu Inc said it started testing demand for a proposed Hong Kong initial public offering worth about $750 million, which could be the city's biggest technology listing in nearly a decade.
Weibo, which is often called China's homegrown version of Twitter, is no longer satisfied with just tweeting.
Southern China's ports are striving to develop a cruise industry, as a new driver to expand their economies, but experts say it is paramount for them to explore a new business model in their hunt to make profits.
Great Wall Club Inc, the company behind the Global Mobile Internet Conference, is ramping up resources to help internet companies to enter India, betting big on the potential market.
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