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Chinese internet giant Tencent Holdings Ltd will subscribe for approximately 207.5 million new H shares of China International Capital Corp Ltd, CICC announced on its official website Wednesday.

Chinese currency appreciated to its highest level in more than three months as the US dollar index weakened on the first trading day of 2018, indicating the market's expectation of stable economic growth and confidence in financing deleveraging efforts.

Chinese laborers first arrived in Panama 163 years ago and helped build the Panama Canal and the railway there. Among Panama's population of 4 million, there are about 150,000 people of Chinese origin — one of the largest Chinese communities in Latin America.

Chinese households prefer bank deposits, a major cause of imbalance among financial asset allocation, the report showed.

Chinese property developer Evergrande has rolled out grand - if not grandiose - plans for electric vehicles at a time when established carmakers in the country are seeing sales slumps and startups are jostling for attention of investors.