A rise in IPOs, expectations of stricter policy and high PE ratio are likely to hurt stocks of small technology companies as both retail and institutional investors in the equity market are increasingly favoring shares in commodity companies.
The Chinese financial market size will match that of the United States in 2025, according to a Citigroup Inc report.
It was the longest day of the year, and the sun would finally disappear below the horizon only after 9.30 pm.
For several decades people who live along the Hexi Corridor in northern China have fought to halt the desert as it spreads, and they have notched up significant victories.
Chinese banks will no longer be the financial source for domestic companies to buy sports clubs, hotels, entertainment and real estate businesses abroad - as the country reforms its outbound direct investment policy to ward off risks - according to analysts.
Analysts from a leading Chinese think tank said they were optimistic about the prospects for China-US trade and investment, calling for a restart to negotiations on a bilateral investment treaty and for the promotion of cooperation in fields such as services trade and energy.
WASHINGTON - US-China economic relations will be more balanced and mutually beneficial as long as both sides intend to create a win-win solution, Dominic Ng, chairman and CEO of East West Bank, told Xinhua in a recent interview.
Analysts believe the outstanding performance of China National Petroleum Corporation, the nation's largest oil producer and supplier, is expected to continue in the next six months, after its net profit soared 16 times higher than expected during the first half of 2017.
An official has called for upgrading in China's iron and steel industry, to take the opportunity of the government's Made in China 2025 initiative.
China has loosened up market access for foreign banks that want to invest in domestic lenders.
Morgan Stanley Capital International's inclusion of A shares in its widely tracked indices - starting from next summer - could be a catalyst for leading global investors to pile into the Chinese mainland's onshore markets despite concerns about liquidity, according to heavyweight analysts at the world's largest asset manager.
Banks in China are playing their part to curb pollution and global warming by investing 7.51 trillion yuan ($1.11 trillion) in nationwide green projects.
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Raymond Zhou
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