Latest Shanghai News
ZKH Group: Q3 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — ZKH Group (ZKH) on Friday reported a loss of $11.7 million in its third quarter. On a per-share basis, the Shanghai-based company said it had a loss of 7 cents. Losses, adjusted for stock option expense, came to 6 cents per share. ...
GDS Holdings: Q3 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — GDS Holdings Limited (GDS) on Tuesday reported a loss of $27.4 million in its third quarter. The Shanghai-based company said it had a loss of 16 cents per share. The results beat Wall Street expectations. The average estimate of...
A surge in mass attacks has killed dozens in China in recent months
BEIJING (AP) — Dozens of people have been killed in China in the past three months in a series of mass attacks. The latest on Tuesday saw primary school students injured by a car as they arrived for classes. The attacks take one of two forms — either drivers mowing down people on...
FinVolution: Q3 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — FinVolution Group (FINV) on Monday reported net income of $88.9 million in its third quarter. The Shanghai-based company said it had profit of 34 cents per share. Earnings, adjusted for non-recurring costs, were 36 cents per share. ...
As China cracks down on bookstores at home, Chinese-language booksellers are flourishing overseas
WASHINGTON (AP) — Yu Miao smiles as he stands among the 10,000 books crowded on rows of bamboo shelves in his newly reopened bookstore. It’s in Washington’s vibrant Dupont Circle neighborhood, far from its last location in Shanghai, where the Chinese government forced him out of business six...
Bilibili: Q3 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — Bilibili Inc. (BILI) on Thursday reported a loss of $11.1 million in its third quarter. The Shanghai-based company said it had a loss of 3 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 8 cents per...
Stock market today: Most of Wall Street rises after the Fed cuts interest rates
NEW YORK (AP) — Most U.S. stocks rose Thursday, as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% to add to its surge from the day before following Donald Trump’s presidential victory. The Dow Jones Industrial...
Daqo: Q3 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — Daqo New Energy Corp. (DQ) on Wednesday reported a loss of $60.7 million in its third quarter. On a per-share basis, the Shanghai-based company said it had a loss of 92 cents. The solar panel parts maker posted revenue of $198.5...
Djokovic to meet Fritz in Shanghai semis and Sabalenka to play Gauff in Wuhan
SHANGHAI (AP) — Novak Djokovic and Taylor Fritz advanced to a semifinal matchup at the Shanghai Masters on Friday. Four-time champion Djokovic fought back from a set down to beat Czech player Jakub Mensik 6-7 (4), 6-1, 6-4 in the quarterfinals. Mensik, ranked 65th,...
Stock market today: Wall Street sets more records after Shanghai's worst drop since early COVID
NEW YORK (AP) — U.S. stocks set records Wednesday after the latest wild swerves for Chinese stocks left few ripples in markets worldwide. The S&P 500 rose 0.7% to top the all-time high it had set last week. The Dow Jones Industrial Average climbed 431 points, or 1%, to hit...
