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SOE reform leads to rising stock prices

[2017-01-10 07:49]

China stocks started the week on a firm note, led by defense stocks, as more central State-owned enterprises (SOEs) mulled plans to push mixed-ownership reforms. The blue-chip CSI300 index rose 0.5 percent on Monday to 3,363.90 points. The Shanghai Composite Index also added 0.5 percent, to 3,171.24 points.

Foreign demand for A shares expected to escalate in 2017

[2017-01-10 07:49]

UBS Group AG said on Monday that the trading volume of China's A shares by its overseas clients will likely double in 2017, as China continues to liberalize its capital markets, according to a senior executive of the Swiss bank.

Bankers count on M&A, China to spur loan growth

[2017-01-09 07:13]

Loan bankers in Asia are relying on companies' merger and acquisition activities and China's Belt and Road Initiative to fuel loan growth this year after volumes in the region stagnated in 2016.

Hong Kong parking garage may fetch $2.2bn in 2017

[2017-01-09 07:13]

Hong Kong's government has announced the first sale of commercial land in the city's central business district for more than 20 years.

Wecar shows more money in fuel stations

[2017-01-09 07:13]

Gasoline stations in China are already making money, but that's only the tip of the energy chain iceberg, according to Luo Yi, founder and CEO of Wecar, a Shenzhen-based startup since 2014.

Reforms stabilize stock markets

[2017-01-09 07:13]

In the first quarter of 2017, deepened reforms are creating opportunities for investors. And, the deleveraged capital market with better regulation and fewer risks will benefit sectors with solid fundamentals, said an analyst.

Liquidity squeeze set to be biggest risk for 2017

[2017-01-09 07:13]

China's money-market liquidity squeeze is about to get worse.

The big picture

[2017-01-07 06:47]

Two and a half millennia after Confucius said that "One seeing is worth a hundred hearings" some bright spark in the English-speaking took a page out of the great sage's book and came up with "A picture is worth a thousand words".

A company that has grand designs on the world

[2017-01-07 06:47]

A 30-volume series of children's books received a lot attention online in China recently not only because of its sheer size but also because of the source of its financial backing - crowd funding organized by an online bookshop.

New direction to ride out perfect storm

[2017-01-06 06:54]

What Lloyd's of London chairman John Nelson sees is a "perfect storm" facing the global insurance market.

Tillerson leaving Exxon with an attractive retirement package

[2017-01-06 06:54]

Rex Tillerson will get a $180 million retirement package from Exxon Mobil Corp if he is confirmed as president-elect Donald Trump's secretary of state.

New generation of smart TVs unveiled

[2017-01-06 06:54]

The president of China's biggest TV maker Hisense on Wednesday described 2017 as being critical for the television industry, in the wake of the announcement of new product lines from his company and rival TCL.

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