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China's No 2 smartphone maker Xiaomi Corp raised about billion from a combined top-up placement and a convertible bond sale last week, Hong Kong's largest such deal on record. Pop Mart International, a Beijing-based trendy toy maker, saw its shares rise by as much as 100 percent during its debut on Dec 12.
China's National Day falls on October 1, and this year marks the 68th anniversary of the founding of the People's Republic of China. [Photo/VCG]
China's PPI has stayed in positive territory since September, when it ended a four-year streak of declines, partly due to the government's successful campaign to cut industrial overcapacity, which benefited the wider economy.
China's central bank has injected a net 160 billion yuan through open market operations last week, the most since the five days through May 19.
China's automobile market, which was hard-hit by the COVID-19 epidemic, started to recover in April, thanks to unleashed pent-up demand and encouraging policies, according to the China Association of Automobile Manufacturers.
来源：资阳报