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May, 28, 2016

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China > Business
US-traded Chinese stocks rebound after Monday Blue
US-traded Chinese stocks rebounded on Tuesday from a week-long plunge as rumors of stricter relisting rules at home sent shares down.
 
Bank of China Ltd announced on Monday evening it is actively preparing for China's relaunch of a pilot program on non-performing loan securitization.
 
The head of Baidu Inc has pledged to shift the company's business from a search-oriented model to one based on artificial intelligence, after a recent government probe put a chill on its core search business.
 
Apple's China suppliers hit hard by revenue slump
Apple Inc's major Chinese suppliers saw their revenues hit hard in the first quarter, in the wake of the technology giant's latest quarterly earnings which showed a 13 percent drop in revenue.
 
China announces measures to boost its sagging exports
China's Cabinet has approved measures to boost exports in a move that might inflame tensions with Western trading partners that accuse Beijing of flooding their markets with steel and other goods at improperly low prices.
 
Mainland Chinese producer prices declined at their slowest rate in 16 months in April, official data showed Tuesday, a positive sign for the world's second-largest economy.
 
New tariff policy for cross-border e-commerce may see some new adjustments, which are scheduled to be unveiled in near term, the Shanghai Securities News reported on Tuesday.
 
Chinese firms listed in the United States hit Monday blue, with shares slumping for fear that their plan to go private and relist at home may be tougher to deliver.
 
Chinese regulators demanded on Monday an overhaul of the healthcare advertisements displayed by the country's leading search engine Baidu.
 
Chinese smartphone maker ZTE Mobile Devices will soon tap into the nascent virtual reality sector and release its first VR product, according to a tweet posted on social media by one of its executives on Thursday.
 
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