Guangdong Haosheng Biotechnology Co Ltd launched a new operating center in Shanghai’s Zhangjiang Hi-tech Park Wednesday ahead of an initial public offering scheduled for next year, China Business News reported. The center comes after Haosheng won appr...

Just US$13.10 billion (RMB89.8 billion) was raised in public offerings on the mainland’s stock exchanges in the first half of the year, down 41% from the same period last year, the China Securities Journal reported, citing a new report by PricewaterhouseCoo...

Intohotel.com, a Hangzhou-based professional manager for corporate business trips, won a US$30 million venture capital investment from KPCB China and Zero2IPO Group after receiving a RMB6 million venture capital start-up investment from the local government last month, ...

China's luxury goods market was worth US$8 billion last year. Xinhua reports that it still has a long way to go.