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Although the Chinese stock market has breached the 3,000-point barrier after a six-month bull run, analysts and investors are cautious since they see the rally as being led largely by big-cap stocks.

The real estate market is quickly turning hot. In Shanghai, developers of the luxury Tomson Rivers apartments, known for their price of more than 100,000 yuan per sq m ($14,000), sold 10 units in the first 25 days of June.

Despite a surge in Chinese overseas direct investment (ODI) in recent years, it is unlikely to outpace inbound foreign direct investment (FDI) this year, government officials and experts said.

The Purchasing Managers' Index (PMI) of China's manufacturing sector stood at 53.2 percent in June, the China Federation of Logistics and Purchasing said Wednesday.

The nation is bracing for a higher risk of more extreme weather as a trend toward increasing weather-related disasters has been recorded since the 1990s, top weather experts have said.

Biz Unusual

Qing palace sale attracts State companies' interest

A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.

New deal for commercial flights over the Great Wall

Old train tickets and the memory of yesteryear

'Hometowns' battle to claim their celebrities

Equestrian enthusiasts advocate riding horses to work

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Major Markets
Name Value Change Time
Shanghai 2,794.27 -0.58% Thur
Shenzhen 12,392.93 -0.26% Thur
HSI 22,530.18 +0.06% Thur
NIKKEI 10,071.14 -0.11% Thur
Dow 12,719.49 +0.74% Thur
Nasdaq 2,872.66 +1.36% Thur
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