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Tag: banking

Posted on 31/05/2025

Chinese and most Asian stock markets slip as the global trade outlook remains in flux

Chinese tech firm Xiaomi, which produces smartphones and then ventures into electric cars and chips, beat analysts' forecasts with positive first-quarter results. Xiaomi's shares traded in Hong Kong, ... ( read original story ...)

Posted on 31/05/2025

Shanghai Fosun Pharmaceutical (Group) Co. Ltd. A

China Resources Sanjiu Medical & Pharmaceutical Co. Ltd. 0.35% ¥54.97B Henan Lingrui Pharmaceutical Co. Ltd. A 1.15% ¥13.25B Apeloa Pharmaceutical Co. Ltd. A 0.57% ¥16.28B Henan Taloph ... ( read original story ...)

Posted on 30/05/2025

Lujiazui Forum to focus on continued opening up

Continued opening-up and collaboration in the financial sector will be a focus of the 2025 Lujiazui Forum in Shanghai on June 18-19, a press briefing was told on Friday. ( read original story ...)

Posted on 30/05/2025

Fast-growing Chinese tea company Chagee issues its first earnings report since IPO

Chagee Holdings Limited (NASDAQ:CHA) released its first earnings report as a publicly traded company on Friday. Revenue increased by 35.4% year-over-year to RMB3,392.7 million ($467.5 million). Total ... ( read original story ...)

Posted on 30/05/2025

Exclusive-Zeekr investors criticise Geely’s $2.2 billion take-private bid as inadequate, say sources

China's Geely is undervaluing its premium electric car unit Zeekr with the $2.2 billion take-private offer it has made, five early investors in Zeekr have written to its board, according to three ... ( read original story ...)

Posted on 30/05/2025

China’s central bank injects 700 billion yuan of outright reverse repos in May

China's central bank has injected 700 billion yuan ($97 billion) into its banking system during May through an outright reverse repurchase tool, the bank said on Friday. The operations, conducted with ... ( read original story ...)

Posted on 30/05/2025

Top financial regulators to attend 2025 Lujiazui Forum in Shanghai

The 2025 Lujiazui Forum will be held in Shanghai from June 18 to 19, themed on "financial opening-up and cooperation for high-quality development in a changing global economy", local government ... ( read original story ...)

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