IN BRIEF (Page 18)

IPO set to ride into history books

Changzhou Youon poised to be first listed bike-sharing company in China

Wolf Warrior II a hit in the market

With domestic action blockbuster Wolf Warrior II now China's top grossing film, its distributor - Beijing Jingxi Culture and Tourism Co Ltdis also achieving a strong performance in the A-share market, stimulating interest in local media companies.

Faraday Future secures $14m in bridge funding

The electric vehicle startup Faraday Future has recently secured $14 million in bridge funding while it seeks new investment sources.

Slight loosening of credit policy likely

China is likely to slightly loosen its credit policy in the second half of the year.

H1 profits to boost banks' asset quality

Chinese banks' asset quality will likely improve as a profitable first half of the year will likely encourage corporate borrowers to repay loans, experts said.

Efficiency quest shrinks Walmart store size

Walmart China is getting smaller in terms of store size to improve its efficiency and enhance convenience for shoppers.

China data to trigger a raise in the copper price

Strong economic data and increased demand are driving up copper prices in China after they slumped by nearly 10 percent earlier this year.

Orient set to retain HQ, listing in HK

New owner COSCO to operate shippers as two brands under one group

China Everbright joins rivals in Luxembourg

China Everbright Bank will relocate its European business to Luxembourg after the United Kingdom leaves the European Union, which could be as early as 2019.

AI startups win record 19.3 billion yuan in financing

China's artificial intelligence-focused startups received record financing of 19.3 billion yuan ($2.87 billion) in the first half of 2017, with mid-and late-stage deals dominating across the period, according to a recent report.

Weathering the 'winter', preparing for the future

BEIJING - Once known as the "world's factory" for producing cheap goods, China is relentlessly moving into an advanced stage in manufacturing upgrades at a time when the real economy matters like never before.