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April 29, 2017

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Terry Gou in apparent White House meeting with Trump
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China > Business
ZTO to expand delivery service overseas
ZTO Express will seek strategic partners globally to serve the rapidly growing cross-border e-commerce segment, and the United States will be its entry point, said a senior company executive.
 
After months of dealing with the fallout from its Galaxy Note 7-which burst into flames and harmed users in cases reported-Samsung Electronics Co Ltd unveiled the Galaxy S8 this week, aiming to restore consumer confidence and rejuvenate sluggish sales.
 
Bounty platforms use 'white hat' hackers to prevent China's cyber attacks
More than 800 Chinese "white hat" hackers gathered in Shenzhen, South China's Guangdong province, on Thursday, to attend the China White Hat Conference held by 360 Business Security Group's Butian Vulnerability Response Platform (Butian).
 
Social networks 'not a way out of trouble' for Alipay
In traditional Chinese culture, one undergoes a 12-year cycle to reach his or her zodiac year of birth. In order to appease the God of Age, people are advised to pay special attention to avoid misfortune in their life every 12 years.
 
Shares related to Fosun Group, one of China's biggest private companies and owner of Club Med, slumped Thursday after a turbulent week in which it announced a profit surge but also the resignation of its CEO and co-founder.
 
Profits slowing among big banks
Chinese banks will continue to experience profitability and asset quality pressures this year, analysts said on Wednesday.
 
International Data Group-the US-based owner of PC World magazine as well as market researcher IDC-said on Wednesday that it will expand its business portfolio and its foray into big data and the mobile internet sectors ...
 
Fosun CEO resigns as new team named
Fosun International Ltd announced a senior management shake-up alongside its annual results in Hong Kong on Wednesday, following resignations of two top executives on Tuesday.
 
Video surveillance supplier launches new products
Ezviz, an online service platform that provides video surveillance products and solutions to families and small and micro-businesses in China, unveiled a series of new intelligent security products in Beijing on Tuesday.
 
American Airlines buys stake in China Southern for $200m
China Southern Airlines Co signed an agreement on Tuesday to sell a minority stake to American Airlines Group Inc for $200 million, in a deal which links top carriers in the Asian and US markets.
 
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