According to the latest Reuters report, China Vanke's Hong Kong shares increased by over 2% in early trading on 15 August after China's biggest home builder announced first-half profit rose by 10%. This increase came despite the company being hit by a high-profile battle for control.
Vanke's Shenzhen-listed shares gained 3.6%.
While net profit grew in the six months ended June, Vanke announced that some of its partners and customers have raised concerns about the company's prospects as a result of its dispute with its biggest shareholder, Baoneng Group.
New research suggests that China may reach peak greenhouse gas emissions by 2025 or even earlier, which would increase global chances of keeping warming within the agreed limit.
According to reports, a national carbon market – the biggest in the world – could be in place in China by 2018, subsequent to the completion of the seven pilot schemes currently ongoing.
The past week’s pollution levels seem to have been a wake up call, with the media speaking out against the smog that has enveloped Beijing and many other northern cities.