Latest Shanghai News

111: Q3 Earnings Snapshot

Nov. 30, 2023 05:08 AM EST

SHANGHAI (AP) — SHANGHAI (AP) — 111 Inc. (YI) on Thursday reported a loss of $12.8 million in its third quarter. The Shanghai-based company said it had a loss of 16 cents per share. The Operator of a digital and mobile healthcare platform in China posted revenue of...

Stock market today: Asian shares mostly higher ahead of US price update, OPEC+ meeting

Nov. 30, 2023 00:07 AM EST

BANGKOK (AP) — Asian shares were mostly higher Thursday ahead of an update on U.S. consumer inflation and a meeting of oil producers in Vienna. Benchmarks rose in Hong Kong, Tokyo and Shanghai. They fell in Seoul and Bangkok. U.S. futures rose while oil prices slipped. ...

Noah: Q3 Earnings Snapshot

Nov. 29, 2023 17:17 PM EST

SHANGHAI (AP) — SHANGHAI (AP) — Noah Holdings Ltd. (NOAH) on Wednesday reported profit of $32 million in its third quarter. On a per-share basis, the Shanghai-based company said it had net income of 46 cents. The wealth management firm posted revenue of $102.8...

Bilibili: Q3 Earnings Snapshot

Nov. 29, 2023 05:18 AM EST

SHANGHAI (AP) — SHANGHAI (AP) — Bilibili Inc. (BILI) on Wednesday reported a loss of $185.2 million in its third quarter. The Shanghai-based company said it had a loss of 45 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 29 cents per...

Stock market today: Asian shares mostly higher ahead of consumer confidence and price data

Nov. 27, 2023 23:53 PM EST

BANGKOK (AP) — Shares were mixed in Asia on Tuesday after Wall Street benchmarks edged lower as investors waited for updates on inflation and how American consumers are feeling about the economy. Tokyo and Hong Kong fell while Shanghai, Seoul and Sydney gained. On...

One year after protests shook China, participants ponder the meaning of the brief flare of defiance

Nov. 27, 2023 20:08 PM EST

BEIJING (AP) — A year ago, Li Houchen was on the streets of Shanghai, hollering “Freedom!” to protest China’s harsh “zero COVID” policy and growing authoritarianism. He was one of thousands of people demonstrating across China in what came to be called the White Paper...

H World Group: Q3 Earnings Snapshot

Nov. 24, 2023 06:24 AM EST

SHANGHAI (AP) — SHANGHAI (AP) — H World Group Limited (HTHT) on Friday reported profit of $183 million in its third quarter. On a per-share basis, the Shanghai-based company said it had net income of 56 cents. The hotel operator posted revenue of $861 million in...

GDS Holdings: Q3 Earnings Snapshot

Nov. 22, 2023 07:11 AM EST

SHANGHAI (AP) — SHANGHAI (AP) — GDS Holdings Limited (GDS) on Wednesday reported a loss of $57.7 million in its third quarter. On a per-share basis, the Shanghai-based company said it had a loss of 32 cents. The results topped Wall Street expectations. The average...

FinVolution: Q3 Earnings Snapshot

Nov. 20, 2023 17:49 PM EST

SHANGHAI (AP) — SHANGHAI (AP) — FinVolution Group (FINV) on Monday reported profit of $77.6 million in its third quarter. The Shanghai-based company said it had profit of 28 cents per share. Earnings, adjusted for non-recurring costs, were 30 cents per share. The...

Trip.com: Q3 Earnings Snapshot

Nov. 20, 2023 17:36 PM EST

SHANGHAI (AP) — SHANGHAI (AP) — Trip.com Group Limited (TCOM) on Monday reported earnings of $634 million in its third quarter. The Shanghai-based company said it had net income of 94 cents per share. Earnings, adjusted for one-time gains and costs, came to $1 per share. ...