Latest Shanghai News
Bilibili: Q1 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — Bilibili Inc. (BILI) on Thursday reported a loss of $91.7 million in its first quarter. On a per-share basis, the Shanghai-based company said it had a loss of 22 cents. Losses, adjusted for non-recurring gains, came to 37 cents per share. ...
Noah: Q1 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — Noah Holdings Ltd. (NOAH) on Tuesday reported earnings of $35.6 million in its first quarter. The Shanghai-based company said it had profit of 51 cents per share. Earnings, adjusted for non-recurring gains, were 50 cents per share. ...
Huazhu Group: Q1 Earnings Snapshot
SHANGHAI 201103, China (AP) — Huazhu Group Limited (HTHT) on Monday reported profit of $144 million in its first quarter. On a per-share basis, the Shanghai 201103, China-based company said it had profit of 44 cents. The hotel operator posted revenue of $652 million...
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
It's among the world's busiest container shipping routes — a stream of vessels packed with furniture, automobiles, clothing and other goods, traversing the Pacific between Los Angeles and Shanghai. If plans succeed, this corridor will become a showcase for slashing planet-warming...
GDS Holdings: Q1 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — GDS Holdings Limited (GDS) on Thursday reported a loss of $69.4 million in its first quarter. On a per-share basis, the Shanghai-based company said it had a loss of 40 cents. The company posted revenue of $350.8 million in the...
Stock market today: Asian stocks slide as debt worries mount
BEIJING (AP) — Asian stock markets slid Wednesday as the U.S. government crept closer to a potentially disruptive default on its debt. Tokyo's main market index lost more than 1%. Shanghai, Hong Kong and Seoul also declined. Wall Street's benchmark S&P 500 index...
Asian stocks follow Wall St higher on hopes for US debt deal
BEIJING (AP) — Asian stock markets followed Wall Street higher on Thursday on hopes U.S. political leaders can reach agreement to avoid a potentially disastrous default on government debt. Shanghai, Tokyo, Hong Kong and Sydney advanced. Oil prices edged lower. Wall...
FinVolution: Q1 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — FinVolution Group (FINV) on Wednesday reported net income of $101.3 million in its first quarter. On a per-share basis, the Shanghai-based company said it had net income of 35 cents. Earnings, adjusted for non-recurring costs, were 36 cents per...
Stock market today: Asian shares advance though China economic data weaker than expected
Asian shares were mostly higher on Tuesday even though the latest data showed China’s economy is weaker than expected, with domestic demand failing to bounce back as much as hoped for after the pandemic. Benchmarks advanced in Tokyo, Hong Kong and Seoul but fell in Shanghai and...
China raids offices of business consultancy Capvision
BEIJING (AP) — China’s chief foreign intelligence agency has raided the offices of business consulting firm Capvision in Beijing and other Chinese cities as part of an ongoing crackdown on foreign businesses that provide sensitive economic data. Foreign companies operating in...
