111 Inc, China's largest online pharmacy and healthcare service provider that started trading its American Depositary Shares on the Nasdaq stock market in September, is expected to inspire other firms to list overseas or in Hong Kong, market insiders said.
Qualified foreign institutional investors' interest in the Chinese mainland's A shares remains strong in spite of recent market fluctuations and less-than-stellar financial performance of some companies this year.
To most people, the general impression of Shanghai is that of a megacity filled with modern, towering skyscrapers that are illuminated by a stunning array of neon lights come nightfall.
Pan Rongda has always been mesmerized by the old neighborhoods in Hongkou district of Shanghai, an area where lanes intertwine, small markets ooze liveliness and shikumen-style houses have remained largely unchanged for more than a century.
Hong Kong is working to list certain investment projects related to the Belt and Road Initiative on the city's stock exchange, as a way to open up the initiative to more global businesses and investors, according to Hong Kong's trade promoter.
Chinese video streaming provider iQiyi Inc has removed its view count feature in favor of a more comprehensive evaluation system to gauge videos' popularity, as it works to improve user experience and combat click farming.
Chinese financial institutions have vowed to strengthen financial support for poverty-stricken areas while mitigating against debt default risks, as an important element of the country's antipoverty battle.
Digital connectivity will create more business opportunities for Chinese and foreign companies in markets related to the Belt and Road Initiative, and contribute to social and economic development, said a senior executive from a global consultancy firm.
China's stock market continued its decline on Thursday, posting a fresh four-year low as investors adopted a wait-and-see approach.
The market for young children's coding classes is predicted to boom in the next three to five years, as ambitious entrepreneurs believe the online education industry's future will be promising.
German auto parts company Continental AG launched a new plant on Thursday in Qingdao, Shandong province, a move aimed at providing higher-quality hose products for vehicles and upgrading system solutions in the Chinese market.
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Raymond Zhou
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