IN BRIEF (Page 18)

Equities rally on improved fundamentals

The A-share market continued its rebound on Tuesday, with the benchmark indexes buoyed by a price rally among large-cap shares and certain consumer-related sectors.

Telecom carriers post strong H1 results

The top three major telecommunication carriers all reported rising revenues and profits in the first half of the year, despite the challenges posed by nationwide moves to boost internet speeds and reduce costs.

Profits in nonferrous sector surge on reforms

China's major nonferrous companies experienced a profitability surge in the first half of 2018, with analysts forecasting the industry's prospects are likely to remain promising throughout the year.

Online education gaining momentum

Online education is gaining momentum in China with the market scale expected to exceed 714 billion yuan ($104 billion) by 2025, a recent report from UBS Securities said.

E-commerce helps power used car sales

BEIJING - Fast developing e-commerce has helped boost sales of used cars in China, as the online secondhand market gains in quality and variety.

Demand for imported food growing steadily as living standards improve

BEIJING - Chinese consumers' demand for imported food has been growing steadily as the standard of living in China improves, according to a statement from the General Administration of Customs.

Consumption upgrade offers global benefits

GUANGZHOU - Xinsha Customs in Dongguan, South China's Guangdong province, has seen a surge in customs declarations of imported automobiles since July.

Tech firms lead stocks rebound

Chinese mainland stocks rebounded on Monday, with communication and software shares leading the rise, and analysts identified structural investment opportunities for the short and mid term.

ConocoPhillips: Innovation to boost oil, gas output

Unconventional reservoir technologies and data analytics are key to boosting oil and gas exploration and production in China, according to a senior executive of United States energy company ConocoPhillips.

Karaoke system supplier ThunderStone gets funding

Beijing ThunderStone Technology Co Ltd, China's leading karaoke system supplier by market share, announced it has completed a nearly 200 million yuan ($29 million) series B fundraising round, amid growing demand in the entertainment industry.

China-ASEAN trade set to soar

The Association of Southeast Asian Nations, a bloc that constitutes China's third largest trading partner, will exploit a variety of opportunities to further tap China's market, given the encouraging bilateral trade performance last year, an official said.