A group of Hong Kong-listed new economy companies have fared poorly so far this year, throwing cold water over the city's once red-hot stock market that is mired in overpriced IPOs, and hinting at a market-wide focus shift.
Australia's largest owner, operator and developer of senior living communities Lendlease Corp is poised to build and manage its first senior living community in Shanghai, tapping the demand from the large and growing aging population in the area.
BEIJING - Foxconn Industrial Internet Co Ltd, a subsidiary of the world's largest contract manufacturer Foxconn Technology Group, has announced plans to raise up to 27.1 billion yuan ($4.26 billion) in what will be the Chinese mainland's biggest initial public offering in almost three years.
Chinese technology giant Xiaomi opened its first authorized store in Paris on Tuesday to tap the local market and gain core competency in Europe.
China's opening-up over the past 40 years has not only driven global trade but has also added fuel to market liberalization, which is conducive to attracting overseas companies and talented personnel, said Stephan Howeg, chief marketing and communications officer of Adecco Group.
As China calls for higher-quality development, Fujian province is ramping up its efforts to enhance homegrown brands amid the country's broader push to build awareness of its own products.
Artificial intelligence technologies are bursting out of laboratories and into reality at a faster rate than many expected.
TIANJIN - Machines that can impeccably synthesize the human voice, assist judges in sentencing, and tell customers whether a dress is a good fit, were displayed at the second World Intelligence Congress in Tianjin last week.
PJCS TransContainer, Russia's biggest container operator, is about to begin running three trains carrying container cargo per week, starting from the middle of June, between Yiwu in Zhejiang province and Moscow, according to a senior executive from the company.
SHENZHEN - Over the past few months, many new energy vehicle manufacturers in China have found themselves in an unfamiliar situation: sales continue to increase, but profits are significantly declining.
Fingerprint Cards AB, which provides fingerprint censors for more than smartphone models, is delving into new domains from automobiles to contactless payment cards in a bid to contain revenue slumps from the stagnant smartphone market and falling smartphone prices.
The Chinese A-share market regained confidence on Monday as trade tensions between China and the United States eased, and the momentum is expected to continue, experts said.
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