China Stock Market
Express Messages
HSBC profit halves in Q1 amid coronavirus pandemic
HSBC said that its profits halved for the first quarter mainly due to the global impact of the COVID-19 outbreak.
Caterpillar Q1 earnings plunge 46 pct amid COVID-19
Caterpillar Inc. on Tuesday said its first-quarter earnings plunged 46 percent while sales tumbled in China.
Chinese automaker BYD projects profit growth for H1
China's leading new energy vehicle (NEV) manufacturer BYD Company Limited expected net profit for the first half to grow 10 percent to 23.75 percent.
Cathay Pacific to further cut passenger capacity in May due to COVID-19
Hong Kong's flagship airline Cathay Pacific said that the company will continue to reduce its capacity of passenger network to 3 percent in May.
ANA's FY 2019 group net profit hammered by COVID-19
Japan's largest airline ANA Holdings said that its group net profit in the business year plummeted from a year earlier due to the COVID-19 pandemic.
China Vanke's Q1 net profit up 11.5 pct
China Vanke Co., Ltd. posted net profit of 1.25 billion yuan in the first quarter of 2020, up 11.5 percent year on year.
Acquisition of Vossloh Locomotives by CRRC approved
China Railway Rolling Stock Corporation (CRRC), was granted approval to acquire German Vossloh Locomotives.
German airline Condor to receive gov't loan of 597 mln USD
German holiday airline Condor has been cleared by the European Commission to receive a government loan of 550 million euros ($597 million).
German pharma company Bayer reports strong Q1 performance
Bayer AG said on Monday that it had increased year-on-year net income by 20 percent to 1.49 billion euros in the first quarter (Q1) of 2020.
Adidas' net income plunges 96 pct in Q1 due to COVID-19 pandemic
German sportswear manufacturer Adidas said that its first-quarter net income was 26 million euros, down 96 percent from the same period last year.
Deutsche Bank expects above-market Q1 results, warns of credit defaults
Deutsche Bank said it expects better-than-expected pre-tax profit and net income for the first quarter of 2020 but warned of credit losses.
Japanese company in Hunan upbeat about China market
The president of Changsha Pacific Hanya Auto Parts firm in Hunan is confident about a rebounding demand and the Chinese market at large.
World Insights: Int'l trade with China soars in 2022, decoupling theory crushed b...
Live COVID-19 updates: U.S. COVID-19 cases top 1 mln
Xinhua top 10 China news events in 2019
Feature: Tourism rejuvenates old Silk Road town
