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Chinas SPD Bank sees H1 net profit up 12.4 pct

China's SPD Bank sees H1 net profit up 12.4 pct

2019-08-24 21:21

The Shanghai Pudong Development (SPD) Bank said its net profit for the first half of 2019 rose 12.38% y-o-y to 32.11 billion yuan.

BYD H1 profit triples from booming NEV sales

BYD H1 profit triples from booming NEV sales

2019-08-23 18:33

China's leading NEV manufacturer BYD reported a year-on-year rise of 203.6 percent in net profit for the first half of 2019 on booming NEV sales.

Chinas Shandong Iron & Steel net profit down 66 pct in H1

China's Shandong Iron & Steel net profit down 66 pct in H1

2019-08-23 12:55

Shandong Iron and Steel Co., Ltd.saw its net profit slump 65.58 percent year on year in the first half of 2019.

IKEA to up China investment, presence to tap home furnishing potential

IKEA to up China investment, presence to tap home furnishing potential

2019-08-23 09:31

Global home furnishing giant IKEA plans to increase its investment and presence in China.

Yunjis stock declines after earnings report

Yunji's stock declines after earnings report

2019-08-23 06:22

Shares of membership-based e-commerce platform Yunji Inc. plunged on Thursday after it reported weak quarterly results.

Yum China to acquire controlling stake in Chnese stle in business expansion

Yum China to acquire controlling stake in Chnese stle in business expansion

2019-08-23 05:09

Yum China Holdings announced it will acquire a controlling interest in the Beijing-based Huang Ji Huang group to expand its Chinese dining business.

German Lower Saxonys economic minister welcomes potential Tesla factory

German Lower Saxony's economic minister welcomes potential Tesla factory

2019-08-22 16:11

Electric carmaker Tesla had examined Lower Saxony as a potential location for a European factory.

Huawei peaks list of Chinas top 500 private firms

Huawei peaks list of China's top 500 private firms

2019-08-22 14:19

Huawei peaked the list with a revenue of 721.2 billion yuan (102 billion U.S. dollars) in 2018.

Tech giant Xiaomi reports 20 pct revenue growth in H1

Tech giant Xiaomi reports 20 pct revenue growth in H1

2019-08-22 09:22

China's tech giant Xiaomi reported 20.2-percent revenue growth in the first half of this year.

Chinas e-commerce platform Pinduoduo shares surge on strong Q2 performance

China's e-commerce platform Pinduoduo shares surge on strong Q2 performance

2019-08-22 05:01

Pinduoduo boosted by rapidly growing revenues and enlarging user and buyer bases for the second quarter (Q2).

Australias a2 Milk profits surge 47 percent on the back of Chinese demand

Australia's a2 Milk profits surge 47 percent on the back of Chinese demand

2019-08-21 14:25

Full-year profits for New Zealand milk producer a2 have soared 47 percent from last year on the back of surging Chinese demand.

Chinas property developer Vanke net profit surges 29.8 pct in H1

China's property developer Vanke net profit surges 29.8 pct in H1

2019-08-21 09:41

China Vanke Co. Ltd, recorded net profit growth of 29.8 percent in the first half-year, despite a slowdown in the real estate market.

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