Legend Holdings Corporation, the parent company of personal computer and smartphone maker Lenovo Group, is said to be one of the two Hong Kong-listed mainland firms chosen for a pilot program to float non-tradable H shares.
IHG (InterContinental Hotels Group), one of the world's leading hotel companies, announced on Monday in Beijing that it will extend its franchise offerings in China to its upscale and midscale brands - Crowne Plaza Hotels & Resorts, Holiday Inn and Holiday Inn Resort - further accelerating its growth in China.
China's bottled water conglomerate, Nongfu Spring, is tapping into the skin care market, the Hangzhou-based company announced on Sunday night.
Chinese banks have begun giving more importance to financial technology, or fintech, in order to become more competitive as internet-based companies are taking rapid strides in the field, industry insiders said.
An auto services firm is riding the internet and technologies such as big data to adopt a new business model that integrates used-car and new-car sales businesses, including features such as financing and after-sales services.
Alipay and China UnionPay, two of China's online payment service providers, are using their credit rating system to improve the house rental market.
China's Belt and Road Initiative is facilitating the country's geoeconomic rise while reshaping infrastructure investment in the Asia-Pacific economies, which will enable significant regional economic growth, according to a leader from a multinational professional services network.
Chinese financial technology or fintech firms are expected to lead industry innovation and facilitate growth of small and medium-sized enterprises or SMEs in the Asia-Pacific region, said an executive of a leading Chinese fintech company.
Analysts have applauded China's new policy on the asset management sector that aims at curbing risks in the financial system by raising thresholds for entrants and strengthening regulations over nonstandard products.
Li Xiumei loves snow. "It purifies and silences everything, especially in this part of the campus," says the associate law professor at the Beijing Administration Institute.
'The moment they sought help from a Chinese emperor was the moment they placed themselves in the hands of these powerful - and often equally intelligent - men.
Dinesh Paliwal believes a business has to have a driving purpose, an aura of achievements and ambitions.
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