Chinese enterprises listed in US now face great challenges as Sarbanes-Oxley Act started to be in force on July 15, Beijing Business Journal reported.

UBS, Switzerland’s largest bank and Asian leading bank in private banking, is close to completing a deal with Beijing Securities, reports Swiss Info. The deal would allow UBS to have 20% stake of the brokerage firm as the first foreign institution to get hold of a Chinese investment company.

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Electric bike manufacturers are leaving the market, some due to fears over regulatory crackdowns, and others because it is simpler to close up shop and open elsewhere under a different name rather than provide warranty service.

Mainland listed, state-run real estate companies had unimpressive year in 2005, The Beijing News reports.

A newly-released survey shows spending habits of women in eight Chinese cities. Urban women spend heavily on travel and fitness, but survey responses varied widely according to location, age, and marital status.

China's market for luxury vehicles is growing rapidly, China Business Daily reports. Bentley, which sold 20 vehicles last year in its Shanghai and Hangzhou region, has already sold 35 this year and is expected to break 40 by year-end. Nationally, Bentley could sell 100 vehicles this year, doubling last year's figure. Next year that number is expected to double again