More robots for Tianjin industries

The annual output of the robotics industry in Tianjin is expected to be worth 12 billion yuan ($1.8 billion) by 2020, with the total number reaching 60,000 robots, according to the Tianjin Municipal Commission of Industry and Information Technology.

Bank of Shanghai IPO set to be big

The initial public offering of Bank of Shanghai Co Ltd is expected to become the largest one this year in China's A-share market, raising 10.7 billion yuan ($1.6 billion).

COSCO makes move to raise $1.79b capital

COSCO Shipping Development Co Ltd on Tuesday night announced a proposed nonpublic issuance of about 3.28 billion shares to specific investors, including its parent company, to raise up to 12 billion yuan ($1.79 billion).

Financial companies lead declines in Hong Kong stocks

Hong Kong stocks dropped for a third day, led by financial companies, amid concerns that a flood of inflows from the mainland will dry up, the yuan will weaken further and higher US interest rates will weigh on the city's property market.

Sweden's Volvo CE advances innovation

As the chief of a leading Swedish construction machinery maker with strong links to China, Volvo Construction Equipment President Martin Weissburg said continuous investments in innovation were continuing to pave the way for a sustainable construction industry.

Starbucks brings movie narrations to the blind

The voice of Zheng Tao is familiar to his visually impaired friends because the district manager at Starbucks Beijing has narrated films for them for six years.

P&G's Whisper promotes girlpower

Whisper, a feminine care brand owned by global household giant Procter & Gamble Co, is seeking to expand the influence of its LIKEAGIRL campaign by donating over 758,760 sanitary pads to 4,187 girls in China who were left-behind while their parents went to work in big cities.

IN BRIEF (Page 18)

Gezhouba bets big on green industries

China Gezhouba Group Co, a company that worked on the construction of the Three Gorges dam, is aiming at the waste management sector to continue its growth, as overcapacity caps most of its current businesses.

Sanan in talks with Osram on potential deal

Chinese lighting maker Sanan Optoelectronics Co Ltd has announced it has had talks with Germany's Osram Licht AG about a potential acquisition, although discussions were in the very early stage and no details were finalized.

Industrial stocks rise, banks fall

Chinese stocks advanced to a one-month high on Tuesday after the nation's top economic regulators announced the debt-to-equity swaps program to resolve the nation's rising corporate debt issues.

ZTO Express makes move to list in New York

Chinese express delivery services provider ZTO Express Co, one of Alibaba Group Holding Ltd's logistics partners, has submitted a filing for an initial public offering on the New York Stock Exchange, in a move to raise $1.5 billion.