China will soon allow individual investors to open no more than three stock trading accounts for Shanghai-listed shares, after detecting growing new accounts with fake identities in recent months, according to well-connected industry sources.
Baidu Inc said on Tuesday that it has launched its first venture capital firm focusing on artificial intelligence - the Chinese online search behemoth's latest effort to stake out a spot in the burgeoning technology field.
Postal Savings Bank of China Co is seeking as much as $8.1 billion in a Hong Kong initial public offering starting on Wednesday, which could become the world's biggest share sale this year.
The chairman of China Construction Bank Corp, the country's second-biggest commercial lender by assets, said it was deepening its transition toward innovative smart banking with comprehensive businesses and diversified services.
Guiyang, the capital city of southwestern China's Guizhou province, topped the list of best-performing cities in China, beating even a couple of coastal megacities, according to an economic study released by the Milken Institute on Monday.
China's venture capital and private equity investors are facing challenges due to dying deals and difficulties in cashing out, according to the chief of Zero2IPO Group.
Mainland stocks in Hong Kong slumped the most in seven months, led by financial companies, as rising bets the Federal Reserve will raise borrowing costs this year derailed one of the world's best rallies.
Sinovation Ventures, the venture capital firm founded by former Google Inc executive Kai-Fu Lee, has raised more than $674 million for two new funds that will seek out investments in China and the United States.
Yang Dan, mother of a three-month-old son in Beijing, remembers relying on an array of digital apps for tips throughout her pregnancy: What to eat, when to have a checkup and how to connect with other expectant mothers.
Sin City and Asian investors are going all in on Chinese tourism, as some of Las Vegas' latest developments on and off the Strip target Chinese nationals and Chinese-Americans.
Exports are down in terms of absolute numbers, but China is eating up a larger chunk of the world's shrinking trade pie.
Chinese investors hold just 0.38 percent of Australia's agricultural land, said Scott Morrison, Australia's treasurer, on Wednesday, citing a report which he said should allay concern among Australian voters that the Asian nation is buying up farmland on a massive scale.
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