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China’s State Firms Boost Net Profits 8% to USD196.2 Billion in First Half
NAI500
NAI500 China News Weekly
Issue 120
China Market Highlight
Initial 25 IPOs on the Shanghai STAR Board Jump 140% Higher in First Session

On Monday, the first batch of young China high-tech companies soared higher as they began trading on Shanghai’s brand-new STAR Exchange — the first 25 companies to IPO on the exchange climbed an average of 140%....

Market Review
China’s State Firms Boost Net Profits 8% to USD196.2 Billion in First Half
Chinese state-owned firms increased their net profits and revenue in the first half of this year.
China’s largest video gaming company, Tencent Holdings, is joining with Japan’s Nintendo-backed The Pokémon Company to bring new gaming experiences to China.

Chinese Game Developer NetEase Takes Minority Stake in Canada’s Behaviour Interactive
A unit of NetEase has acquired a minority stake in Behaviour Interactive, a major Canadian video games developer, to become the first Chinese gaming firm to invest in a studio in Montreal, the second-largest Canadian city.

China to Impose Anti-Dumping Tax on Stainless Steel From Indonesia, EU, Japan, South Korea
China said on Monday it will impose anti-dumping duties on some stainless steel products imported from the European Union, Japan, South Korea and Indonesia.
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