New Zealand approved on Tuesday the sale of a 50 percent stake in the country's largest meat processor, Silver Fern Farms, to a unit of China's Bright Food Group, enhancing the South Island-based company's access into the Chinese market.
Zhenhai Refining& Chemical Co, Sinopec's largest refining unit, plans to build itself into a world-class crude processing base, as it benefits from the refining business amid the biggest crude price slump in a generation.
Chinese lingerie brand AtoG Lingerie, in collaboration with Annderstand, launched on Sunday four luxury custom-made undergarments at Fashion Scout during London Fashion Week, becoming China's first underwear brand to appear at international fashion shows twice in one year.
Siemens AG Chief Executive Officer Joe Kaeser said Europe's biggest engineering company may beat its earnings forecast for the fiscal year ending this month while the longer-term outlook is clouded by political concerns.
Sunac China Holdings Ltd plans to buy property assets including debt from Legend Holdings Corp for about 13.8 billion yuan ($2.1 billion).
The Chinese consortium attempting to buy the AC Milan soccer team has been hunting for more investors since it agreed on a deal with Silvio Berlusconi's Fininvest SpA, people with knowledge of the matter said.
FAW Car Co Ltd plans to sell its Hongqi business, known for the Red Flag limousine used by Chinese political leaders, to its controlling parent automaker - hoping to reverse its $127 million loss by the end of the year.
Chinese mainland investors are snapping up the shares of mainland-based banks listed in Hong Kong for their high dividends and low valuations, putting aside concerns for now over rising bad debts as the economy slows.
Mainland stocks rebounded in Hong Kong, led by power companies, as mainland investors extended a buying spree following last week's holidays.
Focus is on private health insurance as some Chinese increase spending
KuangChi Science Ltd, the Chinese technology company hoping to send tourists into space and develop flying jet-packs, could soon go on a $600 million investment spurt.
For China's stock market traders, life's proving to be tough of late.
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Raymond Zhou
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Chen Weihua
