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China's battery giant reports robust profits in 2020
Contemporary Amperex Technology Co., Ltd. (CATL), China's largest automotive lithium-ion battery maker, posted strong profit growth in 2020 despite the COVID-19 epidemic.
【Financial Str. Release】Nearly 30 listed securities brokers reap hefty profits for 2020
A total of 28 listed securities brokers that have announced their annual financial results by Monday generally raked in hefty revenue and profits for 2020.
Tencent reports 28 pct revenue growth in 2020
Chinese internet giant Tencent on Wednesday reported a 28 percent year-on-year growth in revenue for 2020, raking in around 482 billion yuan (about 73.9 billion U.S. dollars).
China sees 26.5 pct y-o-y increase in new bond issuance last year
China witnessed a 26.5 percent year-on-year rise in new issues of bonds of various types in 2020, reported Xinhua-run Xinhua Finance, a financial platform citing data from the Chinese central bank, the People's Bank of China (PBOC) Tuesday.
The upsurge in China drives Prada, which closes 2020 with positive results
This has been announced by Patrizio Bertelli, CEO of the fashion company listed on the Hong Kong Stock Exchange. Sales in the Chinese market upsurged by 52% in the second quarter, but the entire Asia-Pacific area recorded the best results.
RCEP deal expected to be signed late 2020: ASEAN secretary general
The RCEP deal is expected to be signed at the end of this year, ASEAN (the Association of Southeast Asian Nations) Secretary-General Dato Lim Jock Hoi said on the sideline of the 26th Meeting of ASEAN Economic Ministers Retreat held in Vietnam's central city of Da Nang Wednesday.
MSCI China Index estimated to edge up by 12 pct this year, expert
The MSCI China Index is expected to benefit from China's monetary policy and is likely to increase by 12 percent in 2020, predicted Sean Taylor, chief investment officer APAC of DWS Wednesday.
Total issues of China's primary bond mkt to rise 8-9pct 2020, Standard Chartered
China's primary bond market may witness an 8-9 percent rise in total issues over 2019 in 2020, predicted a China bond market prospects report for 2020 released by Standard Chartered recently.
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