China's five major commercial banks that have won a green light to set up wealth management units are preparing to launch operations.
The fund will invest in both the traditional manufacturing sector and innovative industries.
The Shenzhen-based and Hong Kong-listed company said it will consolidate three content business groups to one unit and create a new group for cloud an
COSCO last year offered to buy OOIL in a $6.3 billion deal that will see the Chinese shipping giant become the world's third-largest container shippi
Beijing sees a Sinochem and ChemChina deal as a blueprint for streamlining and consolidating its sprawling, debt-heavy state-owned enterprises, leavin
Amid a campaign to tighten controls on outbound investment and financial risks.
Beijing is trying to create "stronger" conglomerates capable of competing on global stage.
IPOs & Markets
In his comments, Soros said he had been betting against the S&P 500, commodity-producing countries and Asian currencies, while buying U.S. government
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