Multiple sources said the two companies discussed the bid many times in July and a person close to the issue said Didi had sent due diligence investigators to Ofo in the past two or three weeks, the report said.
NEW YORK - Puyi Inc, a Chinese third-party wealth management services firm, had its trading debut on Friday, after it completed the initial public offering (IPO) of its American Deposit shares (ADSs) on Wednesday.
NAIROBI -- A senior UN agency official has hailed China for transforming lives through rapid urbanization changes in the last 40 years.
Multiple violations are believed to have led to the deaths of 22 people at a mine in Xiliin Gol League, Inner Mongolia autonomous region, on Saturday morning.
Multiple measures to strengthen "opening-up" are welcomed by foreign financial institutions, such as abolishing the restrictions on the share-holding ratio for foreign investment in bank and asset management companies, encouraging foreign participation in the financial and banking sectors, relaxing business scopes of foreign investment insurance companies as well as other areas.
Name that Tech Tune:?The answer to last week’s challenge. (Yes, I gave a hint on last week’s show when I asked John and Andru Edwards if they were “lost” in trying to find the answer.)
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NANJING - A 7.5-meter long humpback whale ran aground again on Tuesday at a beach in eastern China's Jiangsu Province, not far from where it was first rescued Monday.
Muslim-majority Indonesia has been celebrating the Islamic festival of Eid since Friday and millions go on holiday during the festivities, with Lake Toba a key destination.
Nanjing Agricultural University in East China’s Jiangsu province is helping farmers in remote areas grow chrysanthemums to shake off poverty.Chen Fadi, vice president of the university, said that the university started to grow the flowers in the Hushu community of Nanjing’s Jiangning district in 2013. Its Hushu base, as the world’s largest gene bank of chrysanthemums, keeps more than 3,000 varieties of the flower.“The base received more than 550,000 visitors last fall and contributed more than 52 million yuan (.7 million) to the local economy,” Chen said during the province’s Political Consultative Conference, which started on Sunday and ends Wednesday.The university has introduced the flower to many poverty-stricken areas in the country, such as some counties in Southwest China’s Guizhou and Northwest China’s Qinghai provinces, he said.“People in Guizhou’s Majiang county now grow more than 133 hectares of chrysanthemums. It’s highly welcomed by the local farmers and contributed 120 million yuan to the local economy.”
NEW DELHI - At least 16 children have died at a government hospital in the northern Indian state of Uttar Pradesh, health officials said Monday.