Pang Da Automobile Trade Co., an auto dealership based in China’s northern Hebei province, said it plans to raise as much as 3 billion yuan ($483 million) selling shares to expand its auto-leasing unit and pay debt.
China’s stocks rose, sending the benchmark index to its biggest two-day gain since November, amid speculation the government will take further steps to bolster the economy after a manufacturing index unexpectedly fell.
A court in Beijing for the first time accepted a lawsuit filed by a group of Chinese citizens against Japanese firms seeking compensation for forced labor during wartime, China Radio International reported today.
ZZNode Technologies Co . said today that unit Xinhua Colour (Beijing) Cultural Communication Co. has signed an agreement for 10-year operating rights for 680 billboards along highways in China’s Hebei province.
Air pollution in China, the world’s biggest carbon emitter, has reached intolerable levels and the country should aggressively cut its reliance on coal, according to the government’s climate-change adviser.