Markets

Tencent Shares Jump After Record First-Quarter Profit

Tencent Shares Jump After Record First-Quarter Profit

Shares of Tencent Holdings Ltd. jumped 3.74 percent today after China’s largest social network and gaming company topped market expectations with a record first-quarter profit.

May 17, 2018
Xu Wei
China Railway Unit Inks USD6.7 Billion Deal to Build Railroad in Nigeria

China Railway Unit Inks USD6.7 Billion Deal to Build Railroad in Nigeria

A unit of China Railway Construction Corporation Ltd (CRCC) has secured a CNY42.3 billion (USD6.7 billion) contract to build a railroad…

May 17, 2018
Xu Wei
Investors Eye Long-Overlooked MSCI Thematic Funds After China’s A-Shares Debut in Indexes

Investors Eye Long-Overlooked MSCI Thematic Funds After China’s A-Shares Debut in Indexes

As the inclusion of China’s A-shares into the MSCI Inc’s Emerging Markets Index will soon become a reality, MSCI thematic fund investment is heating up in China’s fund market.

May 17, 2018
Shuang Ming
Yifan Pharma Looks to Boost Global Sales Network With SciGen Privatization Deal

Yifan Pharma Looks to Boost Global Sales Network With SciGen Privatization Deal

A unit under Yifan Pharmaceutical Co. has put forward an offer to privatize a Singaporean biotech firm in hopes of acquiring the target’s products, production methods and global sales network.

May 16, 2018
Tang Shihua
[Exclusive] A-Share Companies Included in MSCI Index Face Removal If They Fail ESG Review

[Exclusive] A-Share Companies Included in MSCI Index Face Removal If They Fail ESG Review

All China A-share companies that will be included in MSCI Inc.’s flagship emerging markets index and other benchmarks at the…

May 15, 2018
Zhou Ailin
TWC Group to Invest in Shenzhen Hemei to Start E-Commerce, Ski Resort Cooperation in China, Japan

TWC Group to Invest in Shenzhen Hemei to Start E-Commerce, Ski Resort Cooperation in China, Japan

TWC Group Inc. will buy at least 5 percent stake in Shenzhen Hemei Group Co., which engages in the tourism,…

May 15, 2018
Tang Shihua
Telecoms Shares Rise as China Tower Submits Hong Kong IPO Application

Telecoms Shares Rise as China Tower Submits Hong Kong IPO Application

Shares in two of China’s big three telecoms operators rose today as China Tower Corp., the world’s largest operator of…

May 15, 2018
Liao Shumin
China’s Top Banks, Oil Producer Are Among 234 Stocks Headed for MSCI Emerging Markets Index

China’s Top Banks, Oil Producer Are Among 234 Stocks Headed for MSCI Emerging Markets Index

Two leading Chinese banks and the country’s biggest oil producer are among the 234 mainland stocks that MSCI Inc. will…

May 15, 2018
Tang Shihua
Foxconn Unit to Impose Lock-Up Period on Strategic Investors in IPO to Reduce Market Shock

Foxconn Unit to Impose Lock-Up Period on Strategic Investors in IPO to Reduce Market Shock

Foxconn Industrial Internet Co., a subsidiary of Taiwan’s Foxconn Technology Group, will impose a mandatory lock-up period for offline subscription…

May 14, 2018
Liao Shumin
Capital Pressure Sends Rural Commercial Banks Scrambling for IPOs

Capital Pressure Sends Rural Commercial Banks Scrambling for IPOs

Banks, securities firms, futures companies and other financial institutions have recently frantically applied for initial public offerings. Among the 284…

May 14, 2018
Yuan Ziyi
Ximalaya Denies Hong Kong Listing Rumors

Ximalaya Denies Hong Kong Listing Rumors

Ximalaya Denies Hong Kong Listing Rumors

May 11, 2018
Ben Armour
Gree Group Issues Tender Offer to CYG, Suspends Its Trading

Gree Group Issues Tender Offer to CYG, Suspends Its Trading

Changyuan Group Ltd. (CYG) [SHA:600525] received a letter from Zhuhai Gree Group Co. yesterday in which it offered to acquire…

May 11, 2018
Liao Shumin

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