China insurer PICC debut shines through Hong Kong IPO gloom as the shares in this Chinese state-owned insurer PICC Group, recently cited a high of approx 8 percent in its Hong Kong trading debut on Friday. The surge has definitely proved out to be a rare but bright spot in an otherwise dismal year for initial public offerings in the city and most other big regional markets.

On Wednesday, Finland-based handset maker Nokia revealed in a press statement that it has partnered with the world's biggest mobile operator, China Mobile, for the launch of its Lumia 920T handset which is especially aimed at the Chinese market.

As per reports, it has been revealed that China's service sector has not been improving at a desired rate. It has been said that it's been second month and no changes in growth pattern have been witnessed, though expansion is taking place.

A lab experiment was recently being conducted in Beijing, whose conclusions have been out. It is following the same that gardening is being expected by astronauts in China on Moon, a recent report claims.

China data has proved to be a big boost for Europe stocks as a good jump has been cited in the European stock markets with the start of December.

On Monday, the European stock markets were cited to be at a high with resource firms in the lead, which market experts believe is the effect of the encouraging manufacturing data from China.

Apple revealed in a press release last Friday that the Ministry of Industry and Technology of the People's Republic of China has given the company the mandatory go-ahead to sell its latest iPhone - the iPhone 5 - in the country.

Announcing that the iPhone 5 will hit the China markets by the middle of this month, Apple said that the handset will be available in China Mainland by December 14.

Though China has managed to bring a decline in its HIV infection rate, it still needs to do more, said Health Minister Chen Zhu. It was the perfect time to discuss the issue, as the world observed World AIDS Day.

According to reports, some of Apple's Chinese supply partners' burden of assembling the new 21.5-inch iMac is apparently being taken over by Apple itself; with parts of the new iMac assembly being seemingly performed in the US.