In Hong Kong, the IPO market was active in terms of the number of new listings, particularly with respect to GEM listings. A total of 39 companies (20 on the main board and 19 on the Growth Enterprise Market) went public in the first three months of 2017, an increase from 13 listings on the main board and six on the GEM over the same time last year.
In February, the Beijing Civil Affairs Bureau banned four associations that were posing as NGOs. Investigations had found that they had failed to register with civil affairs authorities, violating regulations concerning domestic NGO administration. One of them was found to have organized activities under the name of national institutes in order to accumulate wealth.
In February, Geely said it was planning to merge Geely Auto and Volvo, but the brands will remain independent. After the merger, the company will be listed on the Hong Kong Stock Exchange and later in Stockholm, Sweden.
In Europe, more than 550 cities have bike sharing systems. US operators Bicycles/SoBi and Motivate for instance also started to look at the European market.
In China, there is an old saying that it is better to teach a man to fish than to give him a fish. In accordance with this principle, Sun has set up one scholarship at Peking University for students pursuing education abroad and another scholarship at University of Florida to promote international exchanges. An alumna of both universities, Sun is very thankful for her experiences there and hopes to give back by helping more students pursue their dreams.
In Ecuador's capital Quito, local authorities launched the process of disinfecting public transit systems used by some 650,000 passengers a day, including transportation units and stations.
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In January, the bank launched a pilot program in Guangzhou, Guangdong province, to assess the rate of return for leasing individual homes during the next three to 10 years. If the homeowners are satisfied with the results, the bank will help them to sign contracts for the transfer of the rights to operate home leases with home rental companies.
In December 2014, TEPCO finished removing all 1,535 units of nuclear fuel kept inside the storage pool at reactor four.
In July, industrial output, fixed-asset investment and consumption all posted slower expansion than in June, but both electricity use and new lending saw stronger growth.
In December alone, electricity output rose 3.5 percent year on year to 654.4 billion kilowatt-hours.