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  • Ping An Bank plans more reforms

    2016-03-11

    Mid-sized commercial lender Ping An Bank Co Ltd will deepen reforms by developing a system of business units based on different sectors, products and client segments in the next three years.

  • Guangdong probes firms giving credit to property buyers

    2016-03-09

    The two largest cities in Guangdong province have launched an investigation into the credit channels that support housing down payment amid concerns over surge in property prices.

  • COFCO Property eyes funds for new projects

    2016-03-09

    COFCO Property (Group) Co Ltd plans to raise up to $768 million in a private placement of shares to fund new projects and to repay debt.

  • HSBC goes for mainland's credit-card pie

    2016-03-09

    HSBC Holdings' winning approval to start a credit-card business in the Chinese mainland's $1-trillion market offers Chief Executive Officer Stuart Gulliver added flexibility in his push into the nation's retail banking and wealth-management industries.

  • Domestic vendors gain in smartphone boom

    2016-03-05

    Homegrown smartphone vendors made further progress in the domestic mid-to high-end sector last year, gaining ground on long-term leaders such as Samsung Electronics Co Ltd, an industry report has revealed.

  • Huawei expands near Seattle

    2016-03-04

    Huawei Technologies will open a new office in Bellevue, Washington, this month and hire as many as 100 workers at the location.

  • Shenzhen eyes land reclamation to curb rising housing price

    2016-03-04

    Shenzhen, a neighboring city of Hong Kong, will reclaim 55 square kilometers of land from the sea to retrain hiking home prices.

  • Mainland entrepreneurs sparking boom in startups

    2016-03-02

    A favorable climate for entrepreneurship has boosted startup activity in China, though the quality of business creation still needs to be improved, according to a study by the National Survey and Research Center at Renmin University of China.