By redefining the rules of competition in local markets, companies from China and other emerging markets are putting the expansion plans of many global industry leaders at risk, a report said.
PICC Property & Casualty Co, China's largest non-life insurer, fell the most in a month in Hong Kong trading after posting a second-half loss on higher expenses.
Once unpopular wealth management products with a lower degree of investment risk are gaining popularity in the face of bearish domestic and global equity markets.
Shanghai's main stock index sank to a fresh 12-month low in early trade yesterday, dragged down by property shares, but a rebound in the mining and non-ferrous metals sectors helped the market close higher.
Nike Inc's chief executive officer Mark Parker knows how demanding Olympic athletes can be.
Hong Kong shares tracked mainland losses to fall 3.5 percent yesterday, as banking stocks led a sell-off on resurgent fears that strong economic data could trigger a new round of austerity measures.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
