HSBC has launched customdian services for Mainland commercial banks that are eligible to provide overseas welath management servcies undre the Qualified Institutional Investor (QDII) scheme, Forbes reported.

China National Petroleum Corp (CNPC), parent of overseas-listed PetroChina, and Moscow-based Gazprom, have reach an initial agreement to build two pipelines to transport up to 68 billion cubic metres (bcm) of Russian gas to China annually.

The stock of both PetroChina and Jilin Chemical have remained stable following Sunday's explosion. PetroChina, a listed subsidiary of CNPC, has expressed its intention to fully reacquire and delist its three listed daughter companies, which also include Liaohe Oil Field and Jinzhou Petrochemical, and the blast seems to have not derailed plans, reports The Beijing News.