New areas fortify Baidu finances, sharpen focus on tech investment2021-02-19
Nasdaq-listed Chinese internet giant Baidu Inc delivered better-than-expected fourth-quarter financial results on Thursday, with revenue rising 5 percent year-on-year to 30.3 billion yuan ($4.7 billion), yielding a non-GAAP(generally accepted accounting principles) net profit of 6.9 billion yuan.
China sees more than 340 newly listed companies2020-12-02
More than 340 companies have been listed on China's Shanghai and Shenzhen stock exchanges since the beginning of this year, said Yan Qingmin, vice-chairman of the China Securities Regulatory Commission, at a conference.
PetroChina earnings surge in third quarter2020-11-01
PetroChina Company Limited, a major oil and gas producer and distributor, reported surging profits in the third quarter this year, reversing losses from the first half.
Investors find sweet spot for Ant offering2020-10-28
Investors from home and abroad are flocking to buy shares of Ant Group Co Ltd, the fintech company that is poised to secure the biggest stock floating of all time through a concurrent listing in Shanghai and Hong Kong.
Tianhong Asset Management Co. sees profits exceed 3 bln yuan2019-04-21
Profits of Tianhong Asset Management Co., a leader in China's mutual fund industry, jumped 15.82 percent year on year to 3.07 billion yuan (about 458.2 million U.S. dollars) in 2018, according to a statement filed to the Shanghai Stock Exchange.
Chinese listed firms predict better Q1 financial performance2019-04-12
More than 500 Chinese listed firms have posted their initial financial performance reports for the first quarter (Q1) of this year, with the majority predicting improving profits or revenues, according to Shanghai Securities News.