Briefly

Chinese smartphone brands shine in Africa

Transsion Holdings, a China-based smartphone manufacturer, led the African smartphone market in the third quarter with a unit share of 47.4 percent, maintaining stable shipments into the region, according to the latest study by a global research firm released in Nairobi. International Data Corp said Transsion, which manufactures Tecno, Infinix, and Itel brands, outpaced Samsung, which was placed second with 21.3 percent share, while Xiaomi, which experienced a quarter-on-quarter decline in shipments, was placed third with 6.1 percent share.

Guangzhou to launch industrial silicon futures

The Guangzhou Futures Exchange in Guangzhou, Guangdong province, has said that industrial silicon futures and composite commodity index futures are expected to be its first batch of listed products. There have been no such products in China's futures market so far, said Zhu Lihong, general manager of the futures exchange, at the 18th International Finance Forum held in Guangzhou.

Xinhua