BUSINESS >> Markets

Beijing-Shanghai high-speed rail operator prepares for IPO

China Railway Corp (CRC) said on Tuesday that its lucrative subsidiary Beijing-Shanghai High-Speed Railway Co is preparing for an IPO on the A-share market, part of the company's push for market reforms.
Source: Global Times | 2019/2/27 22:58:40

China's new sci-tech board gets special attention at CSRC chief's media debut

China's science and technology (sci-tech) innovation board, which will feature a pilot registration system for listed companies, took central stage as the new China Securities Regulatory Commission (CSRC) Chairman Yi Huiman greeted the media for the first time on Wednesday afternoon.
Source: Global Times | 2019/2/27 22:38:41

Capital market boom may shore up China's competitiveness

Since the beginning of February, there has been an abrupt change in investors' sentiment about stocks listed on the Chinese mainland market, the latest sign pointing to the possibility of another bull run akin to the short-lived stock market upswing that started in November 2014.
Source: Global Times | 2019/2/27 17:53:41

US business insiders welcome progress on US-China trade talks

US business communities warmly welcomed the progress made in the latest round of trade negotiations between China and the United States, saying hopes are building up for a potential constructive deal by the two sides to relieve the burden of damaging tariffs.
Source: Xinhua | 2019/2/27 5:07:39

Rallying Chinese A shares lure overseas investors

The strong performance of China's A-share market is inseparable from net inflows of funds through "northbound trading," or capital from Hong Kong to the Chinese mainland via the stock connect programs, a sign that foreign investors are increasing their investment into the A-share market.
Source: Global Times | 2019/2/26 23:33:41

Sparkling masculinity

A young woman with a cosmetic brush in hand applied shimmering purple-tinted powder to a man's face. The 20-year-old man surnamed Shi sits in front of a mirror and one of his female classmates helped style his makeup. "The first time I put on cosmetics, I felt I loved it. It gave me a fresher appearance," Shi said.
Source: Global Times | 2019/2/26 20:48:40

China's HK, mainland discuss risk management on projects under Belt and Road development

A sharing session was held in Hong Kong Monday to discuss risks associated with investing in and operating Belt and Road projects, as well as on how Hong Kong's financing and professional services platforms could play a role in managing such risks.
Source: Xinhua | 2019/2/26 13:39:49

Etisalat partners with Huawei to deploy 5G network in UAE

Etisalat and Huawei announced during the Mobile World Congress here a strategic partnership to deploy end-to-end 5G network in the United Arab Emirates (UAE) in 2019.
Source: Xinhua | 2019/2/26 7:25:57

US soybeans rise over trade talks, wheat plunges amid massive selling

Chicago Board of Trade (CBOT) crop futures closed mixed on Monday, with soybeans rising over the progress in the latest round of high-level US-China trade talks in Washington.
Source: Xinhua | 2019/2/26 7:21:53

Chinese border city Dandong has ambitions, caution for the upcoming Trump-Kim summit

With a meeting between the leaders of the US and North Korea on the horizon, hope is rising again in Dandong, Northeast China's Liaoning Province, that the meeting will open up North Korea's economy and breathe more vitality into businesses in the Chinese city.
Source: Global Times | 2019/2/25 22:38:40

Bull run in Chinese stocks may have started as calls rise to make it national core competitiveness

Chinese stock markets erupted like a volcano on Monday, posting their best daily performance in seven months with the highest trading volume in five years, on positive news of fresh progress in trade talks between China and the US.
Source: Global Times | 2019/2/25 20:38:39

Huawei launches foldable 5G smartphone Mate X

Chinese tech company Huawei on Sunday its their Mate X, a foldable 5G ready smartphone, at an event attended by around 3,000 people held on the eve of the 2019 Mobile World Congress (MWC2019) which opens here on Monday.
Source: Xinhua | 2019/2/25 14:43:10

China's corporate lending cost down in fourth quarter due to govt efforts: PBC report

China's central bank said in a report that the corporate lending cost went down in the fourth quarter of 2018 thanks to the government's effort to tackle financing difficulties for the real economy.
Source: Xinhua | 2019/2/24 22:08:39

China's financial policies 'accidentally hit' private sector, says top political adviser

China's financial policies, which emphasize deleverage and tighter regulation, are moving in the right direction but the system has also hurt many private companies unintentionally, said a vice chief of a political advisory body.
Source: Global Times | 2019/2/24 22:03:39

Closer view

An attendee takes a photograph of a town diorama using a 10x lossless zoom prototype mobile device during a Guangdong Oppo Electronics launch event ahead of the MWC 2019 in Barcelona, Spain, on Saturday.
Source: Global Times | 2019/2/24 21:38:05

Greater Bay Area to create unprecedented opportunities: KPMG

The Guangdong-Hong Kong-Macao Greater Bay Area will create unprecedented opportunities for a wide range of sectors that companies should not miss, according to global consultancy KPMG.
Source: Xinhua | 2019/2/24 15:47:10

US soybean futures rise over 1 pct weekly on US-China trade optimism

Chicago Board of Trade (CBOT) agricultural futures closed mixed in the trading week ended Feb. 22, with soybeans rising over 1 percent, as traders awaited firmer indications that the United States and China were making progress on a new round of trade talks.
Source: Xinhua | 2019/2/24 15:17:26