An anonymous People's Bank of China (PBOC) official had met with local money dealers in the bank's efforts to stave off investor worry about rising short-term rates.

A stockholder of NQ Mobile Inc filed a case against the Chinese firm for incurring losses after a research report said NQ had inflated its revenues.

General Motors Co said there were no problems with its partnership with Shanghai Automotive Industry Corp.

After accepting Yue Xiu Group's takeover bid, shares of Chong Hing Bank dropped the most in five weeks.

Despite saying the deal is finalized, a Dongfeng executive said it may take a bit more time before its completion.

Henan Dayou Energy said the country's regulators were investigating them for disclosing information illegally.

Wal-Mart said in its press conference that it would be focusing more on its e-commerce business to curtail effects of China's slowing retail market.

Sun Life Everbright Insurance Co, the joint venture firm between Canada-based Sun Life Financial and state-controlled China Everbright Group, would turn a profit by 2015.

Share trading of Chong Hing Bank and its parent company were suspended temporarily pending confirmation of the sale of the bank to Yue Xie Group.

Like other foreign firms, CCTV zeroed in on alleged failures of Samsung Galaxy S and Note series smartphones due to alleged memory chip failures.