Markets

Ultrapower, Hanwei Electronics Will Set Up Joint Industrial Internet Lab

Ultrapower, Hanwei Electronics Will Set Up Joint Industrial Internet Lab

Beijing Ultrapower Software Co. and Hanwei Electronics Group Corp. plan to found a joint laboratory for Industrial Internet to research…

Mar 19, 2018
Dou Shicong
Leshi Denies Major Stakeholders Plan to Cut Shareholding to Introduce New Investor

Leshi Denies Major Stakeholders Plan to Cut Shareholding to Introduce New Investor

Cash-strapped Leshi Internet Information and Technology Corp.’s shareholders owning more than 5 percent stake don’t have any plans to reduce…

Mar 16, 2018
Xu Wei
Chinese Sovereign Wealth Fund Sells Final Stake in Blackstone After Almost 11 Years

Chinese Sovereign Wealth Fund Sells Final Stake in Blackstone After Almost 11 Years

Sovereign wealth fund China Investment Corp. (CIC) has finally sold off the last of its shares in Blackstone Group…

Mar 16, 2018
Xu Wei
Guangdong Authorities to Establish Big Data Trading Center

Guangdong Authorities to Establish Big Data Trading Center

Financial authorities in China’s southern economic powerhouse, Guangdong province, will establish a Big Data trading center to provide the public…

Mar 16, 2018
Dou Shicong
Shanghai Shenda to Invest USD16 Million in Auria China Unit

Shanghai Shenda to Invest USD16 Million in Auria China Unit

China’s leading textile-based car interiors maker, Shanghai Shenda Co., will invest USD16 million in the establishment of a new domestic…

Mar 16, 2018
Dou Shicong
China to Introduce CDR to Attract Overseas-Listed Technology Firms to A-Share Market

China to Introduce CDR to Attract Overseas-Listed Technology Firms to A-Share Market

China’s A-share market will soon introduce Chinese Depository Receipt, CDR, to attract technology companies that have been listed on, or…

Mar 15, 2018
Tang Shihua
Feima International Wins Russian Gas Plant Engineering Transport Contract

Feima International Wins Russian Gas Plant Engineering Transport Contract

Chinese logistics company Shenzhen Feima International Supply Chain Co. has received authorization from state-backed energy giant China National Petroleum Corp.…

Mar 15, 2018
Dou Shicong
Embattled Leshi Loses Second Chairman in Eight Months as Sun Quits

Embattled Leshi Loses Second Chairman in Eight Months as Sun Quits

Another seismic shock has rocked already-teetering Leshi Internet Information & Technology Corp. on news that Sun Hongbin is leaving a…

Mar 15, 2018
Liao Shumin&Dou Shicong
China’s Insurance Regulator Adjusts Pricing Scope for Commercial Car Insurance in Various Regions

China’s Insurance Regulator Adjusts Pricing Scope for Commercial Car Insurance in Various Regions

China Insurance Regulatory Commission has adjusted pricing scope for commercial car insurance across the country, which means consumers in selected areas can enjoy greater discounts.

Mar 14, 2018
Liao Shumin
China’s Financial Regulator Imposes Maximum Single Punishment in Its History for Insider Trading

China’s Financial Regulator Imposes Maximum Single Punishment in Its History for Insider Trading

China Securities Regulatory Commission (CSRC) has fined a logistics company in Xiamen, the southeastern Fujian province, CNY5.5 billion (USD871 million)…

Mar 14, 2018
Tang Shihua
MSCI Introduces 12 New China Equity Indexes to Prepare for A-Share Inclusion

MSCI Introduces 12 New China Equity Indexes to Prepare for A-Share Inclusion

Global index provider MSCI announced on Wednesday that it has introduced 12 new indexes to expand the coverage of its China Index products and prepare for the inclusion of the country’s A-shares.

Mar 14, 2018
Xu Wei
 Qudian Almost Quadrupled Profit Last Year on Strong Demand for Microloans in China

Qudian Almost Quadrupled Profit Last Year on Strong Demand for Microloans in China

Qudian Inc. had a nearly fourfold surge in earnings last year as strong demand for financial services buoyed the company, one of China’s leading online providers of small consumer loans.

Mar 13, 2018
Yin Yi

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