Morgan Lewis & Bockius’ Shenzhen office, launched less than two years ago, has ceased operations. The firm’s former Shenzhen head and intellectual property partner, Shaobin Zhu, left in November to join DLA Piper in the U.S. Morgan Lewis did not find a successor to lead the Shenzhen outfit, and subsequently closed the office.

The bourses met representatives of 16 overseas money managers and investment banks, seeking their inputs to jumpstart the market.

China has always been a source of growth and innovation for Siemens Healthineers, said Elisabeth Staudinger, a member of the Siemens Healthineers managing board. The company is excited to further expand its footprint in China with the establishment of the new production and R&D base, she added.

Jensen Huang is set to tour the mainland Chinese cities of Shenzhen, Shanghai and Beijing, before flying to Taipei later this week.

Shanghai released an action plan on Wednesday to encourage the set-up of wholly foreign-owned hospitals in a trial program to promote the opening-up of the healthcare industry. The move is part of China's broader efforts to further open its services sector.

[Photo provided to China Daily] BEIJING - China's Shanghai Stock Exchange and Shenzhen Stock Exchange have pledged to further reform and open up the capital market at recent symposiums with representatives of overseas investment institutions, according to ...

Unisplendour is currently listed in Shenzhen, China, though is seemingly one of many mainland companies looking to also list on Hong Kong's exchange. The company is currently valued at around $9.7 billion, having seen its shares grow by 45 percent over the last year.

Chinese shares closed lower, weighed down by losses in liquor and telecommunication stocks. The Shanghai and Shenzhen stock exchanges held meetings with major foreign institutions and reiterated their commitment to remaining open to foreign investment.

China's stock exchanges and central bank scurried to defend a tumbling yuan and falling stock markets on Monday, trying to soothe investors concerned about Donald Trump's return to the White House and Beijing's ability to revive the economy.

China's main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources familiar with the matter said, as authorities sought to calm markets heading into a tricky period for the world's second-largest economy.