China's big four banks posted higher growth in lending income and improvements in profitability and asset quality, with average daily income of 2.5 billion yuan ($377.3 million) in the third quarter.
Chinese e-commerce giant Alibaba Group Holding Ltd has joined hands with China Great Wall Asset Management Co Ltd, one of the country's four largest State-owned distressed asset managers, to expand its presence in non-performing asset auctions.
VMware Inc, a California-based cloud and virtualization software provider, will step up efforts to tap into the Chinese market as its local joint venture is attracting more State-owned enterprises as clients, a top company official said.
Chinese ride-sharing giant Didi Chuxing and Japanese taxi provider Daiichi Koutsu Sangyo Co Ltd are planning to launch application-based ride-hailing services in Tokyo, to better serve the growing number of Chinese tourists visiting Japan.
Equities slumped on Monday as investors cashed out to lock in gains from October's bullish market and a batch of listed companies delayed the release of their third quarter earnings reports, said experts.
Chinese carmaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, said on Sunday that its annual profit would likely fall by as much as a fifth on higher competition but expects sales of new energy cars to grow rapidly in the fourth quarter.
Infant formula maker Mead Johnson Nutrition, a transnational company, plans to explore expected opportunities to expand into China's third-and fourth-tier cities and villages next year.
China's courier firms defended their recent move to raise prices of their delivery services for the upcoming Singles Day online shopping festival on Nov 11, which is also known as 11/11.
Whenever she passes by some malls in Beijing, Du Ni, 28, a bank employee in Beijing, buys a cup of fresh orange juice from an automated vending machine.
Jiang Tai Insurance Brokers Co Ltd, one of the country's largest insurance brokers, is expected to float its shares on the Shenzhen Stock Exchange's SME board next year, the company's chairman said.
A-share companies that offer solutions for environment management, environment protection and pollution control are likely to benefit long-term from China's strengthened policies for "green development", said analysts.
BEIJING - More than 2,300 listed companies' forecasts of their third-quarter financial performance indicate they are likely to beat market expectations.
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