China Stock Market
Express Messages
XCMG Expects 2017 Net Profit To Rise To 1.0-1.05 Billion Yuan
The profits attributable to its shareholders of this listed company are in the range of RMB one billion to RMB 1.05 billion.
Qinghai Salt Lake expects net loss of 3.54- 4.525 billion yuan in 2017
According to this unaudited financial report, this company suffered losses in 2017, which were between RMB 3.54 billion and RMB 4.525 billion.
China approve the merger of two leading nuclear firms, CNNC and CNECC
China National Nuclear Corporation (CNNC) and China Nuclear Engineering & Construction Group Corporation Limited (CNECC) has been approved merger.
Alpha Group: 60%~90% downward for last year’s net profits expectation
They estimated their total net profits ranged from between RMB 348.911 million to 498.444 million in 2017 .
Special edition Moutai liquor celebrates Year of Dog
Liquor producer Kweichow Moutai Group on Monday launched a special edition of its famous Moutai liquor to celebrate the Year of the Dog.
Alibaba to fund education, health projects to fight poverty
The Alibaba Poverty Relief Fund signals that the e-commerce giant has fully entered an era of charity, Sun Lijun, the company's vice-president, said.
China's listed firms see higher earnings amid economic restructuring
Most companies in traditional sectors such as coal and steel posted strong growth on the back of the country's economic restructuring.
BNP Paribas unit fined 90 mln USD for currency rigging
BNP Paribas USA pleaded guilty to participating in a price-fixing conspiracy in the foreign currency market and to pay a criminal fine of $90mln.
Mitsubishi Motors to recall 51,596 Outlander vehicles in China
Mitsubishi Motors will recall 51,596 vehicles in China due to a potential safety hazard in the rear parking brake.
DiDi sets up AI labs
Chinese ride-sharer Didi Chuxing has opened artificial intelligence labs to develop new transportation ideas
Haier reports growing revenue, profit in 2017
Haier raked in 241.9 billion yuan (37.86 billion U.S. dollars) in revenue last year, up 20 percent year on year, while its profit surged 41 percent.
Malaysian couriers kick into high gear amid e-commerce boom
With a fleet of 1,025 trucks and vans, Malaysian logistics service provider GD Express (GDEX) can now handle up to 120,000 parcels per day.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails
