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.
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.
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.
China Construction Bank Corp announced on Tuesday that it has established a 24-billion-yuan ($3.57 billion) transformation and development fund jointly with Wuhan Iron and Steel (Group) Corp to reduce the company's leverage, mainly through debt-to-equity swaps. So far, the company has received half of the fund's amount.
Dongbei Special Steel Group Co Ltd, a State-owned steelmaker in northeastern China, started bankruptcy proceedings on Monday.
Chinese investments in the United States automotive industry continues to grow with a subsidiary of Fuyao Glass Industry Group, the world's leading automotive glass manufacturing company, planning to invest $1 billion in facilities there.
Limits on residential property purchases are driving capital flows into stocks, resulting in immediate, short-term increases in stock prices in China's A-share market, analysts said on Monday.
The biggest weekly slump in the global gold price led Beijing's gold stores to cut their prices for the first time this year. The price in Beijing declined by 10 yuan ($1.5) per gram on Sunday. This was the first cut, following six earlier price increases this year.
Shares of China United Network Communications Limited rose 5.06 percent on Monday after its State-owned parent company confirmed that it is considering pushing forward "mixed-ownership reform".
Personal computers continue to be the dominant device for online gaming in China, but mobile games are now starting to close the gap.
Merger of leading cement companies will likely concentrate the industry's capacities, according to the China Cement Association.
Ant Financial, the Chinese payments giant controlled by billionaire Jack Ma, expects this year's Singles Day shopping extravaganza on Nov 11 to top 2015's roughly $14 billion as domestic consumption remains resilient despite an economic slowdown.
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