China yesterday executed the former manager of a securities company who embezzled millions of dollars - the first execution of an executive from the country's financial sector.
Billionaire Wang Wenxiang stood trial yesterday in Harbin for hiring two people to murder a former business partner.
Air China Vice-President Fan Cheng was named Party secretary of Shenzhen Airlines on Tuesday, according to two sources with direct knowledge of the matter, adding fuel to speculation that the world's most valuable airline would take over the Shenzhen-based carrier.
Cheung Kong (Holdings) Ltd Chairman Li Ka-shing is buying more shares in the property developer, the worst-performing stock this year among Hong Kong's five biggest real-estate companies.
Despite the nationwide call for university and college students to be entrepreneurial in the midst of bleak job prospects, student entrepreneurs are still hard to come by, owing at least partly to the lack of initial capital.
Early this year, famed comedian Zhao Benshan spent 550,000 yuan on the an 18-day China Enterprise CEO course at the Beijing's Cheung Kong Graduate School of Business, arousing great public interest about wealthy people's lives and spending.
British drugmaker GlaxoSmithKline (GSK) Plc is planning to move part of its flu drug Relenza manufacture to China to better support the local market.
Global risk and business consulting firms are eyeing China's IPO market for opportunities, especially when the country has just launched its NASDAQ-style trading board.
China's largest contract chipmaker SMIC said yesterday that its long-serving CEO has stepped down, in a bid to restructure the company that had posted losses over the past two years.
Hu Shuli, the founder and editor of Caijing, China's most influential and profitable magazine, has resigned, along with several top editors, after friction with the publisher. Hu's departure followed the mass resignation of nearly 70 employees from the magazine's business department, including its general manager Daphne Wu Chuanhui, in mid-October.
Chen Fashu, regarded by many as China's Warren Buffett, yesterday announced that he would donate 45 percent of his personal assets, worth 8.3 billion yuan,to set up a charity modeled on the lines of the Bill and Melinda Gates Foundation.
Zhu Min, vice president of the Bank of China (BOC), one of the country's top four lenders, has resigned because of job change, BOC announced in a statement to the Shanghai Stock Exchange Monday.
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