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Ford to build product R&D, operations centers in east China
Ford Motor company will set up its product R&D center and China operations center in Nanjing, capital of eastern Jiangsu Province.
Founder Securities net profit more than triples in H1
Founder Securities, a brokerage based in central China's Hunan Province, posted a 270.89 percent growth in net profit in the first half of the year.
China's leading EV producer posts strong sales in July
Beijing Electric Vehicle Co. (BJEV)sold more than 12,500 vehicles in July, up 78 percent year on year.
Facebook faces lawsuit over alleged illegal collection of user data
A court gave a green light to the Illinois users to sue Facebook over privacy breach by using the technology of facial recognition.
China Mobile profit decreases 14.6 pct in H1
Profit attributable to equity shareholders dropped 14.6 percent year on year to 56.1 billion yuan (about 8 billion U.S. dollars) in the first half.
BYD NEV sales up 73 pct in Jan-July period
BYD, China's leading NEV manufacturer, reported annual 73.2-percent growth in NEV sales in the Jan.-July period amid a NEV market boom.
China Southern launches lounge-sharing with American Airlines
China Southern Airlines said Tuesday that it had launched a program of airport lounge-sharing with American Airlines starting from August.
Chinese liquor maker Wuliangye posts solid profit growth
China's leading liquor producer Wuliangye Yibin Co., Ltd. reported a 31-percent net profit growth in the first half of 2019.
Chinese investment bank AMTD International shines on U.S. trading debut
AMTD International extended solid gains on Monday after it commenced trading on the New York Stock Exchange (NYSE) under the ticker symbol "HKIB."
German Beiersdorf's profit margin declines due to innovation investments
Beiersdorf's operational profit margin declined from 16.2 percent in the first half (H1) of 2018 to 15.4 percent in the first half of 2019.
Bosch to cut jobs due to declining demand for diesel vehicles
The declining demand for diesel vehicles would lead to noticeable job cuts at the German automotive supplier.
Elon Musk's Boring Company to launch China branch this month
Elon Musk's the Boring Company will launch its China branch later this month, Musk has confirmed on Twitter.
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