China's stocks extended gains to a nine-month high, on optimism the government will boost spending on infrastructure and that efforts to curb property price gains will send money back into equities.
State-owned enterprises directly under the supervision of the State-owned Assets Supervision and Administration Commission have reached the goal of trimming their overcapacity this year, well before the end of 2016, according to a top official of the commission.
The inclusion of the yuan in the Special Drawing Rights basket of the International Monetary Fund will bring great business opportunities to commercial banks with an integrated platform serving clients onshore and offshore.
Dairy giant Inner Mongolia Yili Industrial Group Co Ltd saw its shares surge on Monday, the first day it resumed trading after its announcement that it will acquire China Shengmu Organic Milk Ltd and plans to expand in the high-end milk products market.
Betting against a loss-making Chinese milk producer is turning into a painful trade for short sellers.
Asian stocks climbed as Shanghai equities rallied to a nine-month high and investors braced for a busy week of earnings across Japan, China and the United States.
On a recent afternoon in northern Beijing, Chinese 20-somethings lean over a long blond-wood table in a retail store, examining colorful smartphones and fitness bands.
China is on the cusp of a scrap wave that will return metal from aging cars and expired fridges to the supply chain in a growing threat to mining companies, according to Chiho-Tiande Group Ltd, a top recycler, which is taking over one of the biggest and oldest names in Europe's scrap business.
The premature death of the 44-year-old founder of a prominent mobile health app startup has spurred a bout of soul-searching in the Chinese tech community, where working long hours in the hope of making a quick fortune has become a way of life.
As the latest addition to China's Free Trade Zone project, Chongqing will focus on policy innovation to become a pivot in the country's go-west campaign, according to its FTZ development blueprint.
Some of the largest China-focused hedge funds are reversing losses they posted early this year as the stock market recovers, although a comeback remains elusive for the industry as a whole.
More than 30 private equity institutions have applied to be market makers on the Beijing-based National Equities Exchange and Quotations, the third bourse on the mainland.
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