Investors' enthusiasm for technology companies was focused on the STAR Market at the Shanghai Stock Exchange on Thursday, as HYC Technology, which was the first company to start its initial public offering at the new tech board, started its online subscription.
Kweichow Moutai Co Ltd, China's iconic high-end spirit maker, saw its share price exceed 1,000 yuan ($145) per share during Thursday trading, making a historical breakthrough and becoming the most expensive stock in the A-share market, aided by continuously growing demand and its good earnings.
One of Britain's leading economists said Chinese consumers will be the driving force of future global economic growth.
A container train fully loaded with automobiles and steel pipes left Dalian Port on Monday in Dalian, Liaoning province.
China Railway Signal and Communication Co, the world's largest provider of rail transportation control systems by market share, has established a system laboratory in the Serbian capital of Belgrade to better serve the needs of its foreign clients, said its top executive.
Battery giant Contemporary Amperex Technology Ltd will invest up to 1.8 billion euros ($2.05 billion) in expanding its European production and research base.
As FedEx Corp faces pressure after mishandling packages involving China's Huawei Technologies Co Ltd, the US company has sued the US government, claiming that it is "a transportation company, not a law enforcement agency."
The New Development Bank, which is the first international financial institution to set up its global headquarters in Shanghai, had its structure ceiling ceremony on Wednesday, further helping the city to build itself into an international financial center.
Tianjin has announced an ambitious target to build 10 wholesale markets by 2025 that would each have an annual sales volume of up to 10 billion yuan ($1.62 billion), adding that two of those markets will notch up annual sales of 100 billion yuan each.
China Mobile, world's largest telecom carrier by mobile subscribers, announced the delivery of over 10,000 5G terminals on Tuesday, which was the country's first large-scale delivery of 5G devices just weeks after the issuing of official 5G licenses.
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