Futures market opening up

London-based hedge fund manager Winton Group Ltd said it will launch a futures fund in China within two months, reflecting its optimism about the nation's asset management market.

Overseas hedge funds register on mainland

Global hedge fund management firms Bridgewater Associates LP and Winton Group Ltd have received Chinese private securities investment fund manager licenses, in a sign of the government's determination to further open up the mainland's financial sector.

Falling stock prices, weak trend fail to temper HK listing plans

Despite disappointing market performance and lukewarm investor appetite casting a shadow over the new economy IPO frenzy, a flurry of mainland companies have lost no time in filing their IPO applications in Hong Kong, in their quest to cash in on the city's listing regime reform and raise funds before a potential reversal from peak valuations.

Tech sector gets boost from fund

Two Chinese investment companies and a British asset management firm agreed to establish a 100 billion yuan ($15 billion) fund that will invest in technology companies around the world, with a focus on China.

Hotpot chain Haidilao to open London branch

Social media users in China have expressed excitement after learning one of China's popular hotpot chains will open a branch in the center of London.

Gear art: New trade for old business in nation's rust belt

SHENYANG - It was an exhibition all about gears: motocycles, tanks, figurines and animals, all made out of shining gears of various sizes welded together.

Poverty-reduction drive inspires sci-fi writers

GUIYANG - China's poverty reduction program is attracting new participants - science fiction writers.

Farmer Care app offers guidance, increases returns

Farmer Care is China's first app that standardizes and guides agricultural practice, and has attracted 53,800 farmers across 11 provinces in three years since its creation.

CSR progress starts fresh cycle, index shows

In the past two years, corporate social responsibility in China has maintained a strong level of growth and reached a new high, indicating that CSR development in the country is starting a new cycle, according to a recently released index.

IN BRIEF (Page 18)

Stocks bounce back on PBOC comments

Mainland stocks closed higher on Tuesday after senior officials of China's central bank emphasized their efforts to keep the yuan basically stable at a reasonable level.

PwC forecasts fewer, higher-quality A-share floats

Chinese A-share IPOs decreased in the first half of the year both in number and value terms, with estimates putting the year's total financing at 200 billion yuan ($30 billion), according to a PwC report released on Tuesday.