Latest Shanghai News
Trip.com: Q2 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — Trip.com Group Limited (TCOM) on Monday reported second-quarter profit of $89 million. On a per-share basis, the Shanghai-based company said it had profit of 13 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 70...
Stock market today: Asian shares trade mixed ahead of a key US jobs report
TOKYO (AP) — Asian shares were trading mixed Friday as investors looked toward a United States jobs report being released later in the day. Japan's benchmark Nikkei 225 rose 0.6% in morning trading to 32,820.80. Australia's S&P/ASX 200 slipped 0.4% to 7,278.30. South Korea's...
US commerce secretary warns China will be 'uninvestable' without action on raids, fines
SHANGHAI (AP) — Commerce Secretary Gina Raimondo on Wednesday said she warned Chinese leaders that U.S. businesses might stop investing in their country without prompt action to address complaints about worsening conditions due to raids on firms, unexplained fines and unpredictable official...
FinVolution: Q2 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — FinVolution Group (FINV) on Monday reported profit of $76.5 million in its second quarter. On a per-share basis, the Shanghai-based company said it had net income of 27 cents. Earnings, adjusted for non-recurring costs, were 28 cents per share. ...
Noah: Q2 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — Noah Holdings Ltd. (NOAH) on Monday reported net income of $43.5 million in its second quarter. The Shanghai-based company said it had profit of 63 cents per share. Earnings, adjusted for non-recurring gains, came to 62 cents per share. ...
Biden's commerce secretary is the latest Cabinet member to visit China in a bid for improved ties
WASHINGTON (AP) — Commerce Secretary Gina Raimondo is the latest member of President Joe Biden’s Cabinet to visit China as his administration tries to mend the deteriorating ties between the world's two largest economies. She promises to be “practical” without compromising the U.S. push to...
H World Group: Q2 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — H World Group Limited (HTHT) on Thursday reported earnings of $138 million in its second quarter. On a per-share basis, the Shanghai-based company said it had net income of 43 cents. The hotel operator posted revenue of $762 million...
111: Q2 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — 111 Inc. (YI) on Thursday reported a loss of $7.9 million in its second quarter. On a per-share basis, the Shanghai-based company said it had a loss of 10 cents. The Operator of a digital and mobile healthcare platform in China...
GDS Holdings: Q2 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — GDS Holdings Limited (GDS) on Tuesday reported a loss of $31.2 million in its second quarter. On a per-share basis, the Shanghai-based company said it had a loss of 18 cents. The results exceeded Wall Street expectations. The average...
U.S. commerce secretary to visit China amid efforts to stabilize relations
U.S. Secretary of Commerce Gina Raimondo will meet with Chinese officials and American business leaders next week amid efforts to stabilize relations that have sunk to historic lows. Raimondo’s Aug. 27-30 visit to Beijing and Shanghai aims for “constructive discussions on issues...
