Wanda buys Hollywood's Legendary studio for $3.5b

2016-01-15 07:45

Dalian Wanda Group Co announced on Jan 12 that it has acquired US film studio Legendary Entertainment for $3.5 billion (3.2 billion euros) in cash, marking China's largest cross-border cultural acquisition to date.

IPO change forecast to lift fitful market

2016-01-15 07:45

China's stock market is enduring its worst-ever yearly start, yet analysts have expressed long-term confidence in the market maturing and expect a milestone revision to the country's IPO system to attract more foreign investors.

Internet Plus becoming a reality

2016-01-15 07:45

Home appliance makers are making China's Internet Plus strategy a reality by pressing ahead with integrating Internet technologies with their various operations.

Appliance makers getting smart

2016-01-15 07:45

Chinese home appliance makers are forging tie-ups with technology companies to gain an innovation edge in smart products.

'Ecosystem' spawns cheaper TVs

2016-01-15 07:45

Competition in the Chinese smart-television segment, which heated up last year, is expected to further intensify this year.

ICBC widens its reach across Europe

2016-01-15 07:45

Industrial and Commercial Bank of China Ltd, the world's largest bank in terms of total assets, is making huge inroads in Europe, riding on the back of Chinese companies' rapid European growth and the renminbi's internationalization.

Hisense gains in the UK are driven by value

2016-01-15 07:45

Chinese consumer electronics brand Hisense is making a splash in the United Kingdom with a diverse range of products.

'Manned' drones to cross the next frontier

2016-01-15 07:45

Chinese drone maker Ehang Inc unveiled what it calls the world's first drone capable of carrying a human passenger at the Consumer Electronics Show in Las Vegas on Jan 6.

LeTV helps give Aston Martin a tech makeover

2016-01-15 07:45

Aston Martin, the British luxury automaker, has teamed up with Beijing technology company LeTV Holdings Co Ltd to develop smart vehicles.

Shopping agents feel currency pinch

2016-01-15 07:45

While the depreciation of the yuan excites China's exporters, the weaker currency is putting pressure on a group of importers - overseas shopping agents and cross-border e-commerce sites.

Firms cut dollar debt to lower their risks

2016-01-15 07:45

The depreciation of the yuan has prompted several Chinese companies to take measures to cut their dollar-denominated debt.

Lenovo's Yang looks overseas for growth

2016-01-15 07:45

Yang Yuanqing - chairman and chief executive of the world's largest personal computer maker Lenovo Group Ltd - is often called "YY" by his business partners.

Quotable

2016-01-08 07:57

The processing power of Mate 8 will make other vendors' devices look weak."

IN BRIEF (Page 24)

2016-01-08 07:57

New rules planned to regulate share sales

2016-01-08 07:57

China will introduce new rules on share sales by major stakeholders in listed companies, to prevent such sales from affecting the country's fragile stock market, the securities regulator said on Jan 5.

IPO fundraising set to top $38 billion

2016-01-08 07:57

Fundraising by Chinese companies submitting new initial public offerings in 2016 is expected to make the A-share IPO market the biggest one globally, accounting firm PricewaterhouseCoopers said on Jan 4.

Twelve predictions for the new year

2016-01-08 07:57

China Daily invited researchers and experts to share their thoughts on 12 major issues that are expected to have an impact in 2016

Foreign firms to watch out for in 2016

2016-01-08 07:57

Despite slowdown in China's economy, these global companies see strong prospects ahead as they eye mainland expansion plans

World joins Chinese carriers' cabins

2016-01-08 07:57

About 50 Italian young men and women turned up for interviews in Rome for cabin crew jobs with China Eastern Airlines Corp Ltd in late November. Only half will likely receive job offers.

Russian stewardess shines on Hainan Airlines

2016-01-08 07:57

It has been more than five years since Bazhenova Evgenia, 31, joined Hainan Airlines, but to this day she still gets nervous recalling her first flight. "I couldn't sleep the night before."