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10:50 Nov 08. SMIC's revenue rose 32.5% in the third quarter from a year earlier to CNY15.6 billion (USD2.2 billion), the highest quarterly revenue of all time, the Chinese chipmaker said in an earnings report. Net income jumped 56.4% to CNY1 billion (USD148.3 million). Industry Leaders Showcase Latest Products at CIIE Trade Fair’s New ...
BUSINESS - Yicai Global
Uzbekistan Expects China to Invest USD10 Billion in Central Asian Nation This Year, Official Says. Zhang Yushuo. /. Nov 07 2024. AstraZeneca Insurance Fraud Involves Dozens of Senior Executives in China, Source Says Yicai. Trump Win Is Likely to Hike Product Prices on China's Temu, Shein, and TikTok Shop in US Lu Hanzhi.
Global Leaders to Tackle Sustainable Development at Shanghai …
Oct 10, 2024 · audio is not supported! (Yicai) Oct. 10 -- Foreign dignitaries, Nobel Prize winners and business leaders will be discussing the route to sustainable development and global prosperity at the 2024 ESG Global Leaders Conference to be held in Shanghai later this month. The conference, which is now in its fourth year, will have the theme ‘Uniting ...
Wealth Product Redemptions Are Under Control as Money Pours …
Oct 9, 2024 · Wealth Product Redemptions Are Under Control as Money Pours Into Chinese Stocks, Experts Say. (Yicai) Oct. 9 -- China’s bond market has softened as investors charge into stocks following the country’s biggest economic stimulus package since the pandemic, sparking concerns about the potential for big redemptions of wealth management products.
Shanghai Global Asset Mgmt Forum Examines Yuan …
Oct 11, 2024 · audio is not supported! (Yicai) Oct. 11 -- The internationalization of the Chinese yuan and the two-way investment prospects between China and Arab countries were among the main themes of the special international session of this year’s Shanghai Global Asset Management Forum, co-hosted by Bank of China and Yicai.
Chinese Cities Climb Kearney Global Cities Ranking
Oct 21, 2024 · The Kearney Global Cities Report assesses the ability of cities to attract, retain, and generate global flows of capital, people, and ideas. The overall score of Chinese cities increased by more than 25 percent, with Beijing ranking sixth, Shanghai ranking eighth, and Hong Kong ninth. Almost all of the 31 Chinese cities on the list had higher ...
IFF Shines Spotlight on Global Economic Outlook, Green Finance, …
(Yicai) Oct. 30 -- The International Finance Forum (IFF) will host its annual meeting from November 22-23, 2024 under the theme of ‘Global Transformation: Forging a Better Future for International Cooperation.’ This pivotal gathering will bring together political and financial leaders, economic and legal experts, authorities on international affairs, and representatives from financial ...
China Takes More Steps to Revitalize Property Sector
(Yicai) Oct. 17 -- China is rolling out more measures to boost the real estate sector, including supporting urban village and dilapidated housing renovation projects, increasing the size of credit on the ‘white list’ of real estate projects and helping local governments to use the proceeds from special bonds to buy back land that is lying idle, the minister of housing and urban-rural ...
Innovation Is Key to Global Food Security as Challenges Mount, …
Oct 30, 2024 · audio is not supported! (Yicai) Oct.30 -- Syngenta Group is doubling down on tech innovation and cross-sector tie-ups to transform agriculture amid rising global food security concerns, climate change impact, and geopolitical tensions, the agrochemical and seed giant’s chief financial officer told Yicai. “Food security is the biggest ...
SAIC-GM Bets on ‘Blockbuster Product’ Strategy to Boost Auto …
Sep 26, 2024 · SAIC-GM is trying to boost sales through a “blockbuster product” strategy, Lu Xiao, who stepped in as GM on Aug. 9, said at an event celebrating the production of the two millionth Buick GL8 model on Sept. 23. Retail sales will likely exceed 600,000 units this year thanks to this strategy, Lu added. The Buick GL8 is one of SAIC-GM's key ...