May 01, 2021 04:07 AM- China Hits More Internet Businesses With Antitrust Fines
- Tencent and units of Alibaba, Didi Chuxing and Suning.com are among those penalized in authorities’ continued effort to rein in a freewheeling industry
Apr 30, 2021 20:08 PM- Tencent, Six Others Slapped With Anti-Monopoly Fines for Unauthorized M&A
- The companies were penalized for failing to seek prior approval for nine acquisition or joint venture deals
Apr 30, 2021 19:55 PM- In Depth: Vape Firms, Health Advocates United in Opposition to Tobacco Monopoly Control of E-Cigarette Rules
- Industry players fear the sector will be stifled or effectively nationalized, activists point to its poor record on anti-smoking measures
Apr 30, 2021 19:13 PM- PetroChina’s Profits Soar on Economic Rebound, Resurgent Oil Prices
- A 30% jump in gas prices also fueled strong first-quarter earnings as China emerges from Covid-19 shock
Apr 30, 2021 19:08 PM- Infrastructure Splurge a Boon for China’s Construction-Gear Makers
- Two of the country’s major players reported hefty profits and revenues as demand from new projects boosted sales
Apr 30, 2021 16:22 PM- Appliance Giant Gree’s Business Rebounds in First Quarter
- Despite strong year-over-year gains in the latest reporting period, company’s revenue and profit remain well below pre-pandemic levels
Apr 30, 2021 08:06 AM- China Orders 13 Tech Companies to Overhaul Fintech Operations
- Tencent, ByteDance, Baidu and JD.com are among those called on the carpet following last month’s summons of Ant to meet similar demands
Apr 30, 2021 04:21 AM- China Opens State-Owned Satellite Internet Company
- Xiong’an-based China Satellite Network takes over development of national infrastructure project as China plays catch-up with Elon Musk
Apr 30, 2021 04:14 AM- Juneyao Air Sets Up Investment Partnership as HNA Unloads Assets
- Shanghai-based carrier and allies pony up $4.6 billion for acquisition war chest targeting other airline operators and may bid for HNA properties
Apr 29, 2021 20:05 PM- Surrogacy Scandal Star Hit With Allegations of Tax Evasion
- Probe by tax, broadcast authorities into actress Zheng Shuang follows further accusations from her former partner
Apr 29, 2021 19:07 PM- Sinopec Rebounds From Pandemic Plunge With $2.8 Billion First-Quarter Profit
- Petrochemicals titan reverses last year’s losses and joins a growing list of SOEs reporting bumper year-on-year gains
Apr 29, 2021 18:32 PM- With IPO on Its Agenda, Syngenta Group Reports Accelerating Growth
- Recently formed Swiss-based, Chinese-owned agricultural giant says its revenue and EBITDA rose about 20% year-on-year in first quarter
Apr 29, 2021 17:40 PM- Huawei Crashes Out of Global Top Five Smartphone-Makers
- Embattled telecommunication giant’s 58.6% first-quarter sales plunge marks a remarkable reversal from just a year ago when it became China’s first brand to take the global crown
Apr 29, 2021 05:07 AM- Trans-Pacific Air Tickets Soar After U.S. Lifts Student Travel Restrictions
- United’s Beijing-Boston flight Aug. 31 increases fourfold in price as international airline capacity remains tight amid the pandemic
Apr 28, 2021 20:00 PM- Developer China Fortune’s Woes Worsen as Profit Plunges
- Debt-ridden company reports 74.9% drop in earnings on shrinking revenue, lingering effects of clampdown on real estate sector
Apr 28, 2021 19:56 PM- China’s Aluminum Giants Post Bumper Profits as Talk of Curbs Lift Prices
- World’s largest producer Chalco says first-quarter profits more than double to 967 million yuan from same period in 2019
Apr 28, 2021 19:43 PM- Tesla Shares Slide Even as Automaker Reports Record Revenue
- Carmaker turned a $440 million profit on over $10 billion of revenue, but markets see stormy times ahead
Apr 28, 2021 19:31 PM- Huawei Revenue Sags Under Weight of U.S. Sanctions
- Embattled telecoms giant says revenue dropped 16.5% in the first quarter as smartphone sales plunged
Apr 28, 2021 17:51 PM- In Depth: 5G Calls Out to Miners, but Will They Answer?
- High-speed technology could automate and make other improvements at China’s thousands of coal mines. But many aren’t sure if the high cost is justified
- Apr 28, 2021 07:45 AM
- Vaccine Startup Clover Biopharma Files for Hong Kong IPO
- Chengdu-based company developing Covid-19 shot based on recombinant protein technology joins parade of biotechs seeking funds
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