Latest Shanghai News
111: Q2 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — 111 Inc. (YI) on Thursday reported a loss of $1.9 million in its second quarter. On a per-share basis, the Shanghai-based company said it had a loss of 2 cents. The Operator of a digital and mobile healthcare platform in China posted...
Noah: Q2 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — Noah Holdings Ltd. (NOAH) on Wednesday reported profit of $13.7 million in its second quarter. The Shanghai-based company said it had net income of 20 cents per share. Earnings, adjusted for non-recurring costs, came to 21 cents per share. ...
Daqo: Q2 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — Daqo New Energy Corp. (DQ) on Monday reported a loss of $119.8 million in its second quarter. The Shanghai-based company said it had a loss of $1.81 per share. The solar panel parts maker posted revenue of $219.9 million in the...
Searchers dig in muddy swamp near Bangkok where plane carrying 5 Chinese tourists, 4 Thais crashed
BANGKOK (AP) — Searchers dug into the mud of a flooded mangrove swamp outside Bangkok on Friday for plane fragments and the remains of the five Chinese passengers and four Thai flight crew members believed killed in a crash shortly after takeoff. Around 300 officers and rescue...
GDS Holdings: Q2 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — GDS Holdings Limited (GDS) on Wednesday reported a loss of $31.1 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...
FinVolution: Q2 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — FinVolution Group (FINV) on Tuesday reported net income of $75.8 million in its second quarter. On a per-share basis, the Shanghai-based company said it had net income of 28 cents. Earnings, adjusted for non-recurring costs, came to 30 cents per...
H World Group: Q2 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — H World Group Limited (HTHT) on Tuesday reported net income of $147 million in its second quarter. The Shanghai-based company said it had net income of 46 cents per share. The hotel operator posted revenue of $846 million in the...
A powerful explosion sets off a fireball on a container ship at a Chinese port
BEIJING (AP) — A powerful explosion set off a fireball on a container ship loaded with hazardous goods at a major port on China's Pacific coast, state media and authorities said Friday. Surveillance camera video posted online by state broadcaster CCTV showed a huge burst of white...
Facing budget crunches, Chinese tax collectors descend on companies
BEIJING (AP) — Chinese authorities are chasing unpaid taxes from companies and individuals dating back decades, as the government moves to plug massive budget shortfalls and address a mounting debt crisis. More than a dozen listed Chinese companies say they were slapped with...
Nobel Prize-winning physicist Tsung-Dao Lee dies at age 97
TAIPEI, Taiwan (AP) — Chinese-American physicist Tsung-Dao Lee, who in 1957 became the second-youngest scientist to receive a Nobel Prize, died Sunday at his home in San Francisco at age 97, according to a Chinese university and a research center. Lee, whose work advanced the...
