PICC gets approval for $1.6b float

The People's Insurance Co (Group) of China Ltd, the country's largest property and casualty insurer by premium income, has received regulatory approval to raise at least $1.6 billion through a long-delayed IPO on the Shanghai Stock Exchange.

Investment in UK commercial property falls 70%

Chinese investment in commercial property in the United Kingdom has fallen by more than 70 percent this year, according to new data, with analysts attributing the drop to the control of capital outflows from China and uncertainty over Britain's pending exit from the European Union.

Domestic lenders lining up for IPOs

Seventeen banks are waiting in line to be listed on China's A-share market, in the hope of raising up to a total of 90 billion yuan ($14 billion).

Zuoyebang offers girls free online safety classes

Chinese online education company Zuoyebang has launched free classes to teach girls about safety, reflecting wider efforts to raise awareness of the subject.

CNPC unit boosts environmental protection efforts

Dagang Petrochemical Co, a China National Petroleum Corp subsidiary, has announced that it will invest 550 million yuan ($86.5 million) to continue its environmental protection campaign in Tianjin.

Bayer committed to promoting women's welfare

Bayer AG joined with the China Women's Development Foundation in May to raise women's gynecological health awareness by launching a knowledge sharing project.

IN BRIEF (Page 18)

Web writers net big money

Yang Hanliang is moonlighting.

Tencent fortifies cultural focus, content creation

From gaming to social media and its digital wallet, internet giant Tencent Holdings Ltd is known for a long list of offerings. But it is attaching growing importance to content, which the internet giant believes could generate long-term value and get its users hooked.

Training camp to help cultivate professionals and leaders

Chinese internet titan Tencent Holdings Ltd is gearing up its expansion in the cultural and creative industry, seeing it as the next frontier of growth in the internet sector.

Airline passengers face return of surcharges

A group of domestic airlines reinstated fuel surcharges for passengers on Tuesday, the first such move after three years of exemptions, as oil prices continue to rise.

Trade in services grows at rapid rate

China's trade in services jumped 11.9 percent year-on-year to 1.67 trillion yuan ($261 billion) in the first four months of 2018, a record growth rate so far this year, the Ministry of Commerce said on Tuesday.