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Securities Daily | SSE Main Board Companies Disclose Updates on Share Buybacks and Stake Increases
According to Securities Daily (reporter: Mao Yirong), a number of SSE Main Board companies, including Sany Heavy Industry, Tianan New Material, and Yongmaotai Automotive Technology, disclosed updates on their share buyback programs... -
The Paper | More Than 10 Companies Disclose Updates on Share Buybacks and Shareholding Increases Over the Weekend, with Sany Heavy Industry Conducting Its First-Ever Share Buyback
On the evening of September 13, a number of Main Board companies, including Sany Heavy Industry, Tianan New Material, and Yongmaotai Automotive Technology, disclosed updates on their share buyback programs... -
Global Times | China's four GPU chipmakers become public companies as Enflame Technology lists on STAR Market
Enflame Technology, one of China's leading cloud graphics processing unit (GPU) makers, was listed on the STAR Market on Friday, completing the lineup of China's four major artificial intelligence GPU computing chip companies - known as the "four little dragons" - on the capital market... -
Global Times | Record participation at CIFIT highlights global appetite for investment opportunities in China
The 26th China International Fair for Investment and Trade concluded in Xiamen, East China's Fujian Province, on Friday, with participating countries and regions and delegations both reaching record highs, highlighting robust global demand for investment cooperation and opportunities in China... -
YICAI | China Approves CICC's Acquisition of Two Smaller Brokerages
Chinese regulators have given the green light to China International Capital Corporation's proposed acquisition of two smaller rivals, clearing the way for the creation of the country's sixth brokerage with assets of more than CNY1 trillion... -
Xinhua | Major Chinese banks plan A-share placements to boost core capital
Agricultural Bank of China and Industrial and Commercial Bank of China on Sunday announced plans to raise up to a combined 260 billion yuan (about 38.4 billion U.S. dollars) through A-share issuances to designated investors to replenish their core Tier-1 capital... -
YICAI | China's Listed Memory Chipmakers Swing to Over CNY100 Billion Profit as AI Fuels Price Rally
China's listed memory chip companies swung to a first-half profit, posting a combined bottom line of more than CNY100 billion (USD14.9 billion), as an artificial intelligence-driven rally in memory prices boosted earnings and industry leader CXMT went public... -
YICAI | Shipbuilder China CSSC Lands Order for 10 Dual-Fuel PCTCs Worth Over USD1 Billion
China CSSC Holdings, the listed arm of the country's largest shipbuilder, has won a second major order in less than a week -- a contract worth more than USD1 billion to build 10 dual-fuel pure car and truck carriers... -
YICAI | China's Hangxiao Steel Jumps on USD166 Million Nigeria Refinery Expansion Deal
Shares in Hangxiao Steel Structure surged nearly 5 percent today after the leading Chinese supplier of steel structural components said it has won a USD166 million deal to supply core‑process equipment and related services for an expansion project... -
China Daily | PICC posts over 38% increase in H1 net profit
The People's Insurance Company (Group) of China Ltd, China's leading insurer, reported a 38.5 percent rise in first-half net profit, driven by stronger investment returns and improved underwriting profitability at its core property and casualty insurance business... -
China Daily | ICBC accelerates global expansion, seeks new growth through digitalization
Industrial and Commercial Bank of China's first-half results showed that international operations of China's largest State-owned commercial lender continued to develop steadily, while its global service capabilities were further strengthened...