BIZ

Till stocks do us part


A recent divorce between Yan Jianbing, a board member of the Shenzhen-listed Shenzhen Ysstech Info-Tech Co, and his wife has resulted in a plunge in the company’s share prices. Many people have since become suspicious about the real intention behind the divorce. Yan’s divorce is a typical example of how the divorces of major shareholders from domestic listed companies are affecting the stock markets: Property split is changing the company’s ownership structure, bad reputation is causing the company’s shares to plunge in price and speculation is soaring over whether the divorcees are genuine or whether they are deceitfully separating in order to facilitate stock selling.

Till stocks do us part

A recent divorce between Yan Jianbing, a board member of the Shenzhen-listed Shenzhen Ysstech Info-Tech Co, and his wife has resulted in a plunge in ...

Less meat, more vegetables

China’s frozen dumpling makers are finding a quick route to winning new sales – increase the vegetable content and cut down on the meat.



China to further open up its economy to foreign investors: premier

China will further expand market access in the service and manufacturing sectors, relax restrictions on foreign ownership, and treat Chinese and foreign companies on an equal basis, Premier Li Keqiang said Tuesday.
Source: Xinhua | 2017/6/27 13:16:01

Gas giant Santos enters new strategic partnership with Chinese investors

One of Australia's largest natural gas producers, Santos, has launched a new strategic partnership with existing Chinese shareholders on Tuesday.
Source: Xinhua | 2017/6/27 10:56:00

China's industrial profits up 22.7 pct in Jan.-May

China's major industrial firms posted double-digit growth in profits in the first five months of this year, adding to signs of a stabilizing Chinese economy, official data showed Tuesday.
Source: Xinhua | 2017/6/27 10:29:18

Chinese state firms' profits grow faster

Profit growth at China's state-owned enterprises (SOE) quickened in the first five months of the year as the national economy continued to improve, official data showed.
Source: Xinhua | 2017/6/27 8:49:41

China's growth "incredible contribution" to world: WEF founder

Klaus Schwab, founder and executive chairman of the World Economic Forum (WEF), on Monday applauded China's role in driving global economic growth and its commitment to globalization.
Source: Xinhua | 2017/6/27 8:33:30

China sets up pilot zones to boost green finance

China announced plans on Monday to set up pilot zones for green finance, supporting its industrial upgrades and anti-pollution campaign.
Source: Xinhua | 2017/6/27 8:32:33

China's demand for oil, natural gas to remain robust: report

China is expected to post steady demand for oil and natural gas in the near future despite a slowdown in global consumption, a report showed Monday.
Source: Xinhua | 2017/6/27 8:31:41

China to publicize foreign investor information

China will establish a platform for publicizing foreign investors' information to improve services, said the Ministry of Commerce in a statement on Monday.
Source: Xinhua | 2017/6/27 8:12:26

World confident of China's economy as reforms boost appeal

For all the uncertainties it faces, China's economy is viewed with confidence as reforms generate investment opportunities in its financial market and currency.
Source: Xinhua | 2017/6/26 23:38:40

China’s tech giants gain on US peers

Domestic tech giants like Alibaba Group Holding have seen their share prices grow much more quickly than many global tech leaders like Facebook in 2017. Experts noted that the surge was supported by the companies’ outstanding market competence in China, but a low level of internationalization is what keeps them behind the likes of Apple and Google.
Source: Global Times | 2017/6/26 23:33:40

Figuratively Speaking

12t yuan Outstanding debts of China’s central government as of March 31, 2017.
Source: Global Times | 2017/6/26 23:18:39

Top official urges continued strict real estate policies

A top Chinese official on Monday called for the government to continue city-based regulations in the housing sector to ensure a stable and sound market.
Source: Global Times | 2017/6/26 23:18:39

SOE profits rise 25% from Jan-May

State-owned enterprises (SOEs) saw a year-on-year increase of 25.5 percent in their profits in the first five months of 2017, with central SOEs’ profits rising 15.7 percent and local SOEs’ profits soaring 56 percent, according to data from the Ministry of Finance on Monday.
Source: Global Times | 2017/6/26 23:13:40