Latest Shanghai News

Noah: Q4 Earnings Snapshot

Mar. 26, 2024 17:21 PM EDT

SHANGHAI (AP) — SHANGHAI (AP) — Noah Holdings Ltd. (NOAH) on Tuesday reported profit of $30.5 million in its fourth quarter. The Shanghai-based company said it had profit of 44 cents per share. Earnings, adjusted for non-recurring costs, came to 47 cents per share. ...

GDS Holdings: Q4 Earnings Snapshot

Mar. 26, 2024 08:38 AM EDT

SHANGHAI (AP) — SHANGHAI (AP) — GDS Holdings Limited (GDS) on Tuesday reported a loss of $445.9 million in its fourth quarter. On a per-share basis, the Shanghai-based company said it had a loss of $2.44. Losses, adjusted for asset impairment costs, came to 62 cents per share. ...

China releases South Korean soccer star after a nearly 1-year detention over bribery suspicions

Mar. 25, 2024 08:20 AM EDT

SEOUL, South Korea (AP) — A star South Korean soccer player who was detained and investigated in China for nearly a year over bribery allegations has been released and returned home, Seoul’s Foreign Ministry said Monday. Son Jun-ho, a former member of the South Korean national...

Stock market today: Asian shares slip after another Wall Street record day

Mar. 21, 2024 23:59 PM EDT

BANGKOK (AP) — Stocks were mostly lower Friday in Asia after Wall Street tapped fresh records, led by big gains in chipmakers. Japan’s Nikkei 225 topped 41,000 for the first time early Friday but then fell back, trading 0.1% lower at 40,763.88. Chinese property...

111: Q4 Earnings Snapshot

Mar. 21, 2024 05:16 AM EDT

SHANGHAI (AP) — SHANGHAI (AP) — 111 Inc. (YI) on Thursday reported a loss of $29.6 million in its fourth quarter. The Shanghai-based company said it had a loss of 34 cents per share. The Operator of a digital and mobile healthcare platform in China posted revenue...

H World Group: Q4 Earnings Snapshot

Mar. 20, 2024 07:52 AM EDT

SHANGHAI (AP) — SHANGHAI (AP) — H World Group Limited (HTHT) on Wednesday reported earnings of $105 million in its fourth quarter. On a per-share basis, the Shanghai-based company said it had net income of 33 cents. The hotel operator posted revenue of $786 million...

FinVolution: Q4 Earnings Snapshot

Mar. 18, 2024 18:43 PM EDT

SHANGHAI (AP) — SHANGHAI (AP) — FinVolution Group (FINV) on Monday reported profit of $73.9 million in its fourth 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 29 cents per share. ...

Chinese stocks slide as investors maintain caution after US inflation report

Mar. 13, 2024 04:40 AM EDT

HONG KONG (AP) — China stocks were lower Wednesday after the overnight United States inflation report that signaled a diminished possibility of the Fed's rate cut made investors cautious. Hong Kong stocks edged less than 0.1% lower at 17,082.11, ending its three consecutive days of...

Bilibili: Q4 Earnings Snapshot

Mar. 07, 2024 05:27 AM EST

SHANGHAI (AP) — SHANGHAI (AP) — Bilibili Inc. (BILI) on Thursday reported a loss of $179.9 million in its fourth quarter. The Shanghai-based company said it had a loss of 44 cents per share. Losses, adjusted for non-recurring costs and stock option expense, were 19 cents per...

Aaron Zigman's 'Émigré' oratorio, about Jews who fled Nazi Germany for Shanghai, has US premiere

Mar. 01, 2024 12:28 PM EST

NEW YORK (AP) — Aaron Zigman goes back to the 1940s in composing “Émigré,” an oratorio portraying Jews who fled Nazi Germany for Shanghai. His 90-minute, two-act work, given its U.S. premiere by the New York Philharmonic on Thursday night, evokes a World War II-era sound...