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  • BYD reports surging net profits in 2022

    China's leading new energy vehicle (NEV) manufacturer BYD Company Limited on Tuesday reported surges in both revenue and net profits in 2022.

    March29,2023


  • Net profit of PetroChina up 12.1 pct in Q1

    Chinese oil giant PetroChina reported a 12.1 percent year-on-year increase in its net profit in the first quarter.

    May04,2023


  • Net profit of PetroChina up 4.5 pct in H1

    Chinese oil giant PetroChina Company Limited reported a 4.5 percent year-on-year rise in its net profit in the first half of this year (H1).

    September04,2023


  • Tencent reports rising revenues, net profits in Q2

    Chinese internet giant Tencent has reported year-on-year revenue and net profit increases during the second quarter of 2023.

    August17,2023


  • Baidu reports soaring net profit, burgeoning AI development in 2023

    Chinese tech giant Baidu posted better-than-expected financial performance in its latest financial report, with the non-GAAP (generally accepted accounting principles) net income in 2023 up 39 percent year on year.

    February29,2024


  • PipeChina net profit up 7.2 pct in 2022

    China Oil & Gas Piping Network Corporation (PipeChina) saw its net profit rise 7.2 percent year on year to 31.9 billion yuan (about 4.7 billion U.S. dollars) in 2022, the company said in a latest report.

    February08,2023


  • Tencent reports rising revenues, net profits in Q1

    Chinese internet giant Tencent has reported year-on-year revenue and net profit increases during the first quarter of 2023.

    May18,2023


  • Tencent reports rising revenues, net profits in Q3

    Chinese internet giant Tencent has reported year-on-year increases in revenue and net profit during the third quarter of 2023.

    November16,2023


  • HKEX eyes carbon neutrality by 2024, net zero by 2040

    Hong Kong Exchanges and Clearing Limited (HKEX) on Monday announced commitments to achieving carbon neutrality and net zero by 2024 and 2040 respectively.

    November28,2023


  • Net profits of China's futures companies drop in 2022

    China's futures companies saw their net profits drop in 2022, data from the China Futures Association showed.

    February05,2023


  • Bank of China net profit up 5.02 pct in 2022

    Bank of China (BOC), one of the country's four big state-owned lenders, saw its net profit increase by 5.02 percent year on year in 2022.

    April03,2023


  • Ping An Bank net profit up in 2021

    Ping An Bank, a Shenzhen-listed lender controlled by Ping An Insurance, saw a net profit surge of 25.6 percent year on year in 2021.

    March10,2022


  • China Mobile net profit up 8 pct in 2022

    China Mobile, one of the country's leading telecommunication operators, reported net profit growth of 8 percent year on year in 2022.

    March24,2023


  • China's CZBank posts net profit growth in 2022

    CZBank, one of China's 12 nationwide joint-stock commercial banks, reported net profit growth of 7.67 percent in 2022.

    March31,2023


  • Tencent reports rising revenues, net profits in Q4 of 2022

    Chinese internet giant Tencent has reported year-on-year increases in its revenue and net profit during the fourth quarter of 2022, despite drops in its annual earnings.

    March23,2023


  • Guotai Junan International expects 52-72 pct y-o-y increase in H1 net profit 

    Guotai Junan International Holdings Limited (Guotai Junan International, 01788.HK) expected its net profit in the first half of this year to reach 185 million to 210 million HK dollars (about 23.7 million to 26.9 million U.S. dollars), up 52 percent to 72 percent from the net profit of nearly 122 million HK dollars (about 15.6 million U.S. dollars) for the same period of 2023, according to the company's filing with the Hong Kong Exchanges and Clearing Limited on July 17.

    July22,2024


  • Chinese banks report net forex purchase in April

    Chinese banks saw a net foreign exchange purchase last month, data from the country's forex regulator showed Tuesday.

    May18,2022


  • Huawei posts robust net profits growth in 2021

    China's telecommunication giant Huawei maintained solid operations throughout 2021, achieving 113.7 billion yuan (about 17.8 billion U.S. dollars) in net profits, up 75.9 percent year on year, and 636.8 billion yuan in revenue, the company said Monday.

    March29,2022


  • Foreign holdings of Chinese bonds see net increase of 20 bln USD in July

    The net increase in foreign holdings of domestic bonds stood at 20 billion U.S. dollars in July, soaring 1.4 times from the previous month, data from China's State Administration of Foreign Exchange (SAFE) showed Thursday.

    August16,2024


  • Chinese banks report net forex purchase in March

    Chinese banks saw a net foreign exchange purchase last month, data from the country's forex regulator showed Friday.

    April24,2022


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