Tencent donates big to charity

Pony Ma says that mobile tech and social networks enable everyone to participate

Golf tournament stumps up funds to help oral hygiene

Arrail Group Ltd, the high-end oral healthcare provider, recently raised nearly 70,000 yuan ($10,493) in the Beijing section of the sixth national Arrail Cup Charity Golf Tournament. The event aims to help improve the oral hygiene of orphans and disabled children in Henan, Guizhou and Hubei provinces, and the Inner Mongolia autonomous region.

Manufacturers fail to profit from weak yuan

Chinese machinery manufacturers have found it difficult to profit from the recent depreciation of the renminbi in the short term, company executives said.

IN BRIEF (Page 18)

NDB focuses on green growth

China was a strong driving force behind the setting up of the New Development Bank, or NDB, which was established by the BRICS nations last year, its President K. V. Kamath said.

Listed firms seek high yields in realty

Some 1,305 companies listed on the Shanghai and Shenzhen bourses-44 percent of all the A-share companies-have invested a combined 595.1 billion yuan ($88.32 billion) in real estate, as companies seek long-term and stable income, data from analysts revealed on Tuesday.

Honda restarts expansion with Wuhan plant

Honda Motor Co said on Tuesday it has revived plans to expand production in China, beginning work on a new plant this year that will start operating in 2019.

Hyundai plans two new factories in China

South Korea's Hyundai Motor Co said two new factories in China will produce more environmentally friendly vehicles and models targeting the world's biggest auto market, as the automaker strives to fend off growing competition from Chinese rivals.

UK National Grid 'eyes Chinese bids'

National Grid Plc has selected a consortium of investors that includes Allianz SE and the infrastructure arm of Australian investment bank Macquarie Group Ltd as potential bidders for its UK gas distribution business, people familiar with the matter said.

Hong Kong stocks rally most in six weeks as developers rebound

Hong Kong stocks climbed the most in six weeks, led by financial companies and casino operators, as investors speculated US monetary policy will remain accommodative and recent equity losses were excessive.

KKR-backed Cofco Meat seeks up to $333 million in HK offering

Cofco Meat Holdings Ltd, the Chinese mainland pork producer part-owned by KKR & Co, is seeking to raise as much as $333 million in a Hong Kong initial public offering.

Conaprole hopes to cash in on nation's two-child policy

Uruguayan firm Conaprole, the largest exporter of dairy products in South America, will achieve an export value of about $55 million this year in China as it benefits from the huge market and the nation's two-child policy, its senior executives said.