The China Securities Regulatory Commission (CSRC) announced on Sunday that any company deciding to set its IPO price to earnings (PE) ratio higher than that of industrial peers in the secondary market will be required to publish repeated risk warnings prior to opening subscriptions to retail investors. This measure is seen to effectively reduce IPO prices and at the same time slow down the progress of new issues.
Beijing experienced an unforeseen sharp dive in the number of inbound tourists in 2013, and tourism officials are studying ways to improve the situation.
Yutu (Jade Rabbit), China’s moon rover, and its lander the Chang’e-3 have “awakened” from their two-week period of dormancy designed for survival through the harsh climatic conditions of the lunar night.
According to French media reports, Valerie Trierweiler, the current partner of French President Francois Hollande, was rushed to the hospital when she learned from a tabloid story that the Hollande was caught in an affair with another woman.
Last week, the White House finally responded to the online petition calling for the government to punish late night talk show host Jimmy Kimmel for a segment of his Jimmy Kimmel Live show which originally aired last October.
January 11, former Israeli Prime Minister Ariel Sharon passed away according to an announcement made by his son, Gilad Sharon, at the Sheba Medical Center in Tel Aviv. “He’s gone. He’s gone to the place he’s always wanted to go,” Gilad said.
China’s young generation is trying out Apple’s latest products in Beijing and experts predict that iPhone sales in the country may increase from the present 2.7 to 2.8 million range per month to probably 2.8 to 2.9 million monthly.
Even after medical investigators have ruled out any connection between a locally produced hepatitis B vaccine and the deaths of about 17 babies after receiving shots of the vaccine, latest data from the National Health and Family Planning Commission indicate a decrease in the number of participants to the government’s free immunization program.
Princess Cristina, the daughter of Spain's King Juan Carlos I, was charged in court Tuesday for alleged tax evasion and money laundering.
Amid the ongoing diplomatic tensions between China and Japan, the number of Chinese tourists visiting Japan has notably dropped.
China is serious about environmental issues, particularly those that directly affect the economy and well-being of the people.
China’s President Xi Jinping recently expressed his determination to end corruption in government with particular emphasis on the judiciary branch.
Canadian health officials confirmed reports that on Jan. 3, a Canadian citizen of Alberta Province died in Edmonton from complications due to the H5N1 virus commonly known as avian influenza or Bird Flu.
A decline in the number of qualified and possible graduate school students has been recently noted.
In an effort to re-affirm diplomatic relationships with the African continent, the highest diplomatic official of China has chosen to visit four African countries in his scheduled trip in the new year. Chinese foreign minister Wang Yi has formally begun his six-day diplomatic tour in the African continent by visiting Ethiopia, Djibouti, Ghana and Senegal.
