Postal bank planning 2nd offering

Hong Kong-listed Postal Savings Bank of China, the largest lender by number of branches on the mainland, said it plans to raise some 5.17 billion yuan ($785 million) through listing in Shanghai Stock Exchange.

Construction company's net profit surges in H1

Sany Heavy Industry Co, one of China's top three construction machinery manufacturers by production volume, reported on Tuesday night that its sales revenue was up 71.2 percent year-on-year to 19.2 billion yuan ($2.9 billion) in the first half of this year.

State-owned builder reports uptick in first-half earnings

State-owned rail builder and engineering company China Communications Construction Company saw an uptick in its net profit in the first half of 2017. The company also vowed to promote the transfer of equity interests in its subsidiary company, though it was not included in the pilot mixed-ownership reform scheme.

Investment by Sinopec creates jobs

Major energy company has injected $3 billion into Inner Mongolia region

Blockchain helps unblock funding

A crowdfunding site has launched an online charity to raise cash for chronically ill patients.

Pfizer plans to bring down heart disease deaths in China

A cardiovascular disease project, targeting people at grassroots level, as well as the doctors who treat them, was launched on Aug 11.

IN BRIEF (Page 18)

Inside The Business Of Being Single

They are still young, confident and single with money to spend on designer living and brand name products.

Traveling alone opens up a new tourism market

Traveling alone is becoming increasingly popular as a new brand of tourist emerges from China.

Cooking up an online frenzy

Singles appear to be hanging up their spatulas, or guo chan in Chinese, and picking up smartphones to order takeaway meals.

Merger set to generate new power giant

Deal could be first among handful to trim overcapacity, number of SOEs

CIMC revenue surges in first half

China International Marine Containers (Group) Ltd, the country's largest transportation equipment producer by revenue, enjoyed net profit of 800 million yuan ($121.31 million) in the first half of this year, thanks to the rebound of the global container markets.