May 04, 2021 20:40 PM- JD Logistics Gets Its Hong Kong IPO Back on Schedule
- E-commerce giant JD.com’s affiliate filed for a listing in February, but met with headwinds last month after a major rival reported a shock first-quarter loss
May 04, 2021 20:24 PM- Illegal Fuel Trade Probe Detains Six Employees of BP’s South China Venture
- Workers at BP Guangzhou Development are among hundreds held in connection to illicit sales of lower-taxed light cycle oil, sources say
May 04, 2021 20:24 PM- Scandal-Hit TV, Film Producer in Hot Water for Faulty Financial Reporting
- The stock of Beijing Jingxi slapped with a label that highlights its risks to investors, after auditors find its internal controls to be noncompliant
May 03, 2021 19:51 PM- State Rail Operator Blamed for Beijing Labor Day Chaos
- As station operator blamed strong winds, passengers on-site pointed the finger at its own poor planning and emergency management
May 01, 2021 21:16 PM- HNA Units’ $15 Billion in Losses Show the Challenges in Store for Restructuring China’s Profligate Conglomerates
- The 13 listed companies set aside enormous sums to absorb potential losses stemming from bankruptcy restructuring
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
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