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BMW quintuples Q1 profit after booming sales in China
German luxury carmaker BMW's first quarter (Q1) 2021 net profits totaled 2.8 billion euros (3.4 billion U.S. dollars), more than four times the amount -- 574 million euros - registered in the first quarter of last year, the company said on Friday.
【Financial Str. Release】China Q1 macro leverage ratio down 2.6 percentage points from end 2020
China's macro leverage ratio dropped 2.6 percentage points from the end of 2020 to 276.8 percent by the end of the first quarter, reported Xinhua Finance on May 1.
China's telecom equipment maker ZTE sees profit surge in Q1
Chinese telecom equipment maker ZTE said Wednesday night that it made net profits of 2.18 billion yuan (about 336 million U.S. dollars) in the first quarter of 2021, surging 179.7 percent year on year.
BYD revenue, profit surge in Q1
China's leading new energy vehicle (NEV) manufacturer BYD Company Limited reported surging profit and revenue growth in the first quarter of 2021.
【Financial Str. Release】A majority of A-share market listed firms report net profit growth for Q1
Among the 999 A-share market listed firms that announced their quarterly financial results by Sunday, 864 ones realized net profit growth over the same period of last year, reported Xinhua-run Xinhua Finance Monday.
【Financial Str. Release】Top five listed insurers in China report growths in Q1 premium incomes
The five largest listed insurers in China earned in total 973.178 billion yuan of premium incomes in the first quarter, up 2.64 percent year on year, reported Xinhua-run Xinhua Finance Friday.
Global PC shipments post robust growth in Q1: report
The global personal computer (PC) market for the first quarter (Q1) of this year has recorded the strongest year-on-year growth in two decades considering the weak Q1 performance in 2020, data by the global research and advisory firm Gartner showed.
Chinese automaker FAW Group reports sales surge in Q1
Leading Chinese automaker FAW Group Co., Ltd. sold over 1 million vehicles in the first quarter of this year (Q1), a 74.3 percent year-on-year surge, according to the company.
Tech giant Xiaomi reports 13.6 pct revenue growth in Q1
China's tech giant Xiaomi reported 13.6 percent year-on-year revenue growth in the first quarter of 2020 despite the COVID-19 epidemic.
Shanghai Airport net profit falls 94.21 pct in Q1
Shanghai International Airport Co. Ltd (SS.600009) suffered a 94.21 percent year-on-year decline in net profit in the first quarter of 2020.
(Diagram) China's foreign trade in Q1 hit RMB7 trln
China's foreign trade in Q1 this year presented an overall stable growth with sustained structural improvement. Its goods imports and exports in this period increased by 3.7 percent year on year to about 7 trillion yuan.
Factbox: China's service trade expands steadily
China's service trade reported robust growth in 2018 and maintained upbeat momentum in the first quarter this year amid external uncertainties.
China Q1 bond issues up 11.22pct y-o-y amid fluid liquidity
China hailed an 11.22 percent year on year hike in quarterly bond issues at 9.54 trillion yuan in the first quarter, driven mainly by the loose liquidity environment, according to China Lianhe Credit Rating Co., Ltd.
Chinese financial institutions see net FDI inflows in Q1
China's financial institutions, including banks, insurers and securities firms, saw net investment inflows from overseas investors in the first quarter, data from the nation's foreign exchange regulator showed Wednesday.
China's total outbound investment jumps in Q1
China's outbound direct investment (ODI) including financial and non-financial sectors registered rapid growth in the first quarter, according to official data.
News Analysis: Alibaba Q1 performance attests to China's vibrant new economy
Alibaba reported stellar quarterly performance on Thursday, a victory for the Chinese e-commerce giant against persistent economic headwinds, and also an indication that China may not be too far away from a consumption-driven economy.
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