Buy AIA For Its China Growth: Credit Suisse Upgrades

Insurer AIA Group (1299.Hong Kong) has seen spectacular business opportunities in China, growing its new businesses there by 41% annually since 2010. Last year, AIA managed to grow the value of new business, a metric used in the insurance industry to ... ( read original story ...)

State-run oil giant taps China's vast geothermal reserves

BAODING, China -- Chinese state-run energy giant Sinopec has drilled hundreds of wells across the country without finding a single drop of oil. But that was precisely the point: instead of black gold, the almost mile deep holes are providing clean heat for ... ( read original story ...)

China Bank nets P6.45B

Sy family-led China Banking Corp. grew net profit last year by 15 percent to P6.45 billion on higher interest earnings, fee-based revenues and treasury gains. Reporting sustained growth in core businesses across all market segments, China Bank disclosed to ... ( read original story ...)

First China-produced passenger plane set for its maiden voyage

YIN LIQIN / FOR CHINA DAILY Chinese manufacturers are preparing to take the nation's first passenger plane on its maiden flight. The locally designed and built aircraft marks a significant milestone in Chinese manufacturing, as China moves up the global ... ( read original story ...)

China Merchants Bank Adopts Distributed Ledger Technology

In recent days, China has emerged as the leading advocate of blockchain technology. The government itself is pushing for international collaboration in the development of blockchain applications for a range of industry segments. The country’s commitment ... ( read original story ...)