apparel firm Shandong Ruyi is targeting more global deals
involving "affordable luxury" brands, under a push to establish
the first high-end Chinese fashion empire to eventually
challenge behemoth LVMH.
China will not set specific
targets for individual banks on how much they should lend to
private firms, and banks' credit assessment standards will not
be compromised, state-owned China Securities Journal said on
Monday, citing regulatory sources.
More than 200 people were missing early
on Monday in California's deadliest and most destructive blaze
on record, one of two fires raging in the state which have
killed at least 31 people and forced more than a quarter of a
Stocks in Hong Kong moved up
marginally on Monday, but were left out from the policy-inspired
rally seen in the technology sector in the mainland market, as
investors in the city appeared cautious ahead of key earnings
announcements and global events.
** The main Hang Seng index and the Hang...