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Hong Kong is poised to be the leading offshore yuan financial center even if yuan currency becomes fully convertible which may threaten the city's financial position. Meanwhile, HK's dim sum bond market infrastructure building is making more progress as mainland credit rating agencies may start yuan bond ratings in city. The Hang Seng Index, starting on Nov 24, 1969, is a capitalization-weighted stock market index in the Hong Kong Stock Exchange, served as the main indicator of the overall market performance in Hong Kong.
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  • By Ouyang Shijia(China Daily)2017-12-06 06:54

    Stories from aspiring authors are now read by millions of users on the internet before being turned into movies, TV series and games A vast array of online literary genres has revolutionized the entertainment industry in China and triggered a new wave of TV dramas, movies, animations and gaming titl...

  • By Cao Yignying(China Daily)2017-12-06 06:54

    The Sino-Singapore center in Guangzhou aims to become a high-tech hub for South China, by attracting world-class companies Sino-Singapore Guangzhou Knowledge City in Guangzhou - a smart eco technology center being developed to showcase the latest in sustainable development - will take measures to at...

  • By Yuan Shenggao(China Daily)2017-12-05 08:00

    One of the most successful foreign companies in the rail transportation equipment industry, Bombardier is sharing its technological prowess and expanded product portfolio via partnerships with local peers in China. It has seven joint ventures and eight wholly owned subsidiaries in the country, which...

  • (China Daily)2017-12-05 07:18

    Nation stepping up oil, gas exploration China will step up exploration for oil and gas and develop unconventional resources to ease the country's reliance on imports, a research center said over the weekend. By 2035, China is likely to keep the dependence rates on oil, gas imports within 70 percent ...

  • (chinadaily.com.cn)2017-12-05 06:48

    Average wealth for the top 50 female entrepreneurs from the Chinese mainland increased by 48 percent over the previous year to a record high of 23.1 billion yuan ($3.50 billion), and the benchmark to be listed increased by 25 percent to 10 billion yuan, according to a report by Hurun Research Instit...

  • By Yuan Shenggao(China Daily)2017-12-04 07:21

    Advantages in logistics and payment services put southern Guangdong province in an ideal position to develop cross-border e-commerce business along the routes of the Belt and Road Initiative, academics and industry insiders said on Wednesday. "In the cross-border e-commerce industry, there is a popu...

  • By Chen Hong(China Daily)2017-12-04 07:21

    Zhuhai event draws attention to city's key role in province's growing influence along the Belt and Road routes Guangdong province, where China's opening-up policy was first implemented, has established a closer relationship with Belt and Road Initiative-related countries and regions in terms of fore...

  • By Ma Zhiping In Hong Kong(chinadaily.com.cn)2017-12-03 20:53

    Hainan reaped 38 billion yuan ($5.75 billion ) in investment from overseas Hainanese for 27 new projects covering tourism, new high technology and education at a promotion meeting in Hong Kong on Saturday. Hong Kong Hainanese signed 16 deals with their hometowns while the others were snatched by Hai...

  • By Wang Zhuoqiong(China Daily)2017-12-03 07:47

    Chinese shoppers have array of outlets as brands cross over into cyberspace Shoppers have never had it so good as online companies search for offline opportunities and traditional stores look for a home in cyberspace. Brands have been able to cash in on rising internet spending, while consumers have...

  • (chinadaily.com.cn)2017-12-02 12:41

    The annual World Internet Conference will be held from Dec 3 to 5 in the river town of Wuzhen, East China's Zhejiang province.With a theme of "Developing Digital Economy for Openness and Shared Benefits - Building a Community of Common Future in Cyberspace", the conference will welcome 1,500 guests ...

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