Chinas
China’s first special bond sale likely to see solid demand
CHINA’S first issuance of this year’s special sovereign bonds on Friday (May 17) is expected to see solid demand, according to strategists and gauges of sentiment in the bond...
China’s Baidu beats quarterly revenue estimates on ad recovery, cloud demand
CHINA’S Baidu beat analysts’ estimates for first-quarter revenue on Thursday (May 16), driven by a recovery in advertising sales and higher demand for its cloud products.
The company reported revenue...
China’s Alibaba beats quarterly revenue estimates, profit drops
CHINA’S Alibaba Group Holding beat analysts’ estimates for fourth-quarter revenue on Tuesday (May 14), as a focus on low-cost goods in response to cautious consumer spending helped boost domestic...
China’s Tencent posts strong revenue growth as ad sales and business services shine
CHINA’S Tencent Holdings posted a 6 per cent rise in first-quarter revenue on Tuesday (May 14), beating analyst expectations, as business services and advertising sales deliver strong revenue growth.
The...
China’s Comac is designing a new widebody jet
CHINA’S state-owned planemaker Commercial Aircraft Corporation of China (Comac) has preliminary drafts for a new widebody jet called the C939, the South China Morning Post reported, likely a larger...
China’s central bank vows to support economic recovery
China’s central bank said on Friday (May 10) it will ensure reasonably ample liquidity and credit expansion to consolidate the country’s economic recovery, which still faces many challenges.The People’s...
China’s push for greener aluminium hit by erratic rains, power cuts
ERRATIC rainfall in China’s southwest is frustrating a multibillion US dollar push to green an aluminium industry that accounts for almost 60 per cent of global output and, by...