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$45.5b pension funds set to play China's stock market in Aug

As much as 300 billion yuan ($45.5 billion) in pension funds are expected to march into the stock market in August, as China's huge social security fund is closing up its hiring by June, Securities Daily reported on Wednesday.

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China's insurance companies unveil tax-deductible health insurance in trial programme

A dozen insurance companies have unveiled tax-deductible, health insurance schemes on the mainland in a trial programme that China hopes can spur commercial medical coverage.

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"Alice Through the Looking Glass" rules Chinese box office

​"Alice Through the Looking Glass" reigned the Chinese mainland's box office in the week ending May 29, earning 176 million yuan (about 26.7 million U.S. dollars) in its opening weekend.

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Fear of yuan depreciation driving China's outbound investments

China’s overseas acquisition deals are getting bigger, analysts say, as fears of a depreciating yuan have driven companies to diversify their assets worldwide.

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Yuan's rebound eases depreciation concerns

A sharp rebound in the strength of Chinese currency the yuan has mitigated worries of further depreciation and shored up the credibility of an exchange rate system that is becoming more market-based.

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Performance of stocks sheds light on new growth engine in China

China's Shanghai Composite Index has struggled around 2,800 points for the past two weeks, and a look beneath the surface at companies' performance sheets reveals the by-product of an uneven landscape.

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Chinese cinema deals under the spotlight, as regulators scrutinise blockbuster valuations

China’s securities regulator is reining in aggressive valuations in merger and acquisition deals, particularly those related to the cinema and film business.

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HKEX eyes currency products as stock market turnover hits year low

Hong Kong Exchanges and Clearing Chief Executive Charles Li Xiaojia on Tuesday unveiled company plans to further expand its fixed income and currency product activities with a number of yuan-related offerings to be launched by the end of this month — followed by a bond connect programme with the mainland.

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Telecom fraud victims united with 5.8 mln yuan

Chinese police have retrieved more than 1.4 billion yuan (214 million U.S. dollars) from telecom fraudsters in a campaign launched November.

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Finance sector employees best paid in China

Employees in the finance sector earned more money than those in other industries in 2015, according to the data released Friday by the National Bureau of Statistics (NBS).

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Captain America: Civil War rules China's box office

Disney and Marvel's "Captain America: Civil War" beat domestic romance "Finding Mr.Right 2" in the week ending May 8, earning 624 million yuan (95.7 million U.S. dollars) after opening on May 6, China Film News reported Monday.

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Chinese stocks plunge after "L-shaped economy" prediction

​Chinese stocks tumbled on Monday after a prominent newspaper quoted an "authoritative figure" dismissing the idea of a quick return to rapid economic growth in China.

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Most-wanted Chinese Telecom fraud fugitive arrested

One of China's 10 most-wanted fraud suspects has been captured, the Ministry of Public Security said on Tuesday.

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Restaurant fined for exorbitantly-priced giant salamander

A restaurant in south China's Guangxi Zhuang Autonomous Region has been fined 500,000 yuan (77,000 U.S. dollars) for its outrageously-priced giant salamander.

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"Blockbuster" Monster Hunt's box-office takings more reel than real

Distributor reportedly spent 4 million yuan in conducting "charity screenings" to boost collections as China's movie industry is blamed for fudging sales figures

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What is behind China's garlic price rise?

Garlic is usually free in Chinese dumpling restaurants, much like ketchup is in Mcdonald's, but not since its price has increased so much that restaurants are charging for it.

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New China consumption tax seen as encouraging mainlanders to spend more at home

China domestic department store operators and luxury goods retailers including Golden Eagle, Hengdeli Holdings, Parkson Retail are among the key beneficiaries of China’s new tax regime on overseas purchases, said analysts.