Companies

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

Zhong Shanshan Net Worth 2026: The Water King Now Runs on Tea

Zhong Shanshan's net worth in 2026, how Nongfu Spring made him China's richest man, and why tea, not water, now drives his fortune.

Xi Jinping Urges China, US Youth to Advance Bilateral Cooperation

President Xi Jinping told students from 10 US universities he hopes young people will advance China-US cooperation in a reply to their letter.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

China’s First Offshore Carbon Dioxide Injection Well to Aid Carbon Neutrality Goals

China National Offshore Oil Corp (CNOOC) has developed China's first independently designed offshore carbon dioxide injection well, according to industry experts. The well will...

Nike accelerates digital transformation in China with new innovation center

Nike is bullish about China's sportswear market and is focusing on engaging with Generation Z and female consumers, as well as digitalization and sports...

XCMG announces Metaverse Ambassador at CONEXPO-CON/AGG 2023

XCMG, one of China's leading construction machinery companies, made a big impact at CONEXPO-CON/AGG 2023 in Las Vegas, the world's largest construction trade show....

Tsinghua Unigroup’s Ex-Chairman Zhao Weiguo Investigated for Suspected Crimes

Zhao Weiguo, the ex-chairman of Tsinghua Unigroup, a Chinese semiconductor firm, has been handed over to the procuratorate for investigation and prosecution on suspicion...

Novozymes achieves 9% sales growth in China, eyes further expansion

Denmark's Novozymes, a leading provider of biological products, views China as a land of vast potential and prospects for growth. The biotech industry is...

Huawei Leads the Charge for 5.5G Industry Consensus and Commercialization

Huawei Technologies Co is calling on partners to promote industry consensus and commercial deployments for the era of 5.5G, an evolution of 5G technology. Yang...

Schindler’s Revenue Increased in 2022, Anticipates Growth in China in 2023

Swiss elevator manufacturer Schindler is optimistic about its business outlook for 2023 due to the predicted recovery of the Chinese economy. In an interview...

Prominent Bank of China Chairman Liu Liange Resigns

Bank of China, a prominent State-owned commercial lender, announced on Sunday that Liu Liange had tendered his resignation as chairman and executive director of...

China Mobile Leads Efforts to Boost Digital and Real Economies Integration

China Mobile has played a key role in driving the integration of digital and real economies across China by constructing infrastructure and building service...

Chinese construction companies bring digital and green technology to ConExpo 2023

More than 170 Chinese companies have showcased their latest digital, green and intelligent construction technologies at one of the world's largest trade shows for...

Infineon Targets Low Carbon and Digitalization Opportunities in China

Infineon Technologies AG, the German chipmaker, is targeting the opportunities presented by low carbon and digitalization in China. According to David Poon, president of...

Huawei Replaces 13,000 Components Affected by US Restrictions in Past Three Years

Huawei Technologies Co founder, Ren Zhengfei, recently revealed that the company has replaced over 13,000 components affected by US government restrictions with parts developed...

China’s Ministry of Finance Cracks Down on Financial Risk With Fines for Deloitte and Huarong

China's Ministry of Finance has imposed fines on Deloitte & Touche and China Huarong Asset Management Co for lapses in internal governance and risk...

CSPL’s investment in Ain Sokhna Port container terminal to boost trade links between China and Egypt/Africa

Hong Kong-listed COSCO Shipping Ports Ltd (CSPL), a subsidiary of Shanghai-based China COSCO Shipping Corp that specializes in port operations, announced on Thursday that...

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