Ping An Insurance Group Co of China Ltd is planning to spin off and list its technology and internet units separately and set up more financial services platforms as part of a strategic transformation plan, the company said on Monday.
Frankfurt-based China Europe International Exchange announced on Monday that it will launch a new share market in 2018 to help Chinese companies raise funds for expansion in Europe and economies involved in the China-proposed Belt and Road Initiative.
New Zealand-based milk producer a2 Milk Company will invest in marketing and improving product quality, in hopes of tapping the tremendous consumer demand for high-quality milk in China.
Thirty-two years after Triumph International's pioneering move into the Chinese mainland, the lingerie giant has relaunched its luxury collection with a Shanghai fashion show.
China's move to further open up its financial industry will help major banks and fund managers in the United Kingdom find new markets after Brexit.
SHENZHEN - Hong Kong-listed Tencent Holdings Ltd climbed 4.12 percent on Monday to HK$420 ($53.8) per share, making the internet giant Asia's largest company by market value.
China's stock markets took a roller-coaster ride on Monday in response to last week's unified standards set by the central bank for asset and wealth management products across the financial sector.
The new draft regulations for financial institutions' asset management business will lead to further differentiation among banks offering such services, academics said.
China's sharing economy has just been taken to a whole new level by Zhima Credit of Ant Financial, Alibaba's finance arm, making it even more citizen-friendly.
BEIJING - US electric automaker Tesla Inc has been in the media spotlight in the past few weeks for something still uncertain: whether, and when, it will build its first car factory in China.
BEIJING - As China opens up its financial market to the world, global investors are increasingly adding Chinese stocks into their portfolios.
Chinese middle-class affluence is helping revive the local market for dishwashers, a product that never really took off in the past.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
