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

Shandong Port Group Accelerates Efforts to Build World-Class Port Through Digitalization and Innovation

Shandong Port Group, the world's largest port conglomerate by cargo capacity, is doubling down on its efforts to build a world-class port, as its...

Hualuxe, the British Hotel Brand that Celebrates Chinese Culture

When walking into a Hualuxe hotel, one may believe that it's a Chinese brand but, in fact, it belongs to British company IHG Hotels...

China’s Zhuzhou Rubber Research & Design Institute Co Ltd Clarifies its Products are for Civilian Use Only

State-owned China National Chemical Corp (Sinochem) has denied recent allegations that its Hunan-based subsidiary, Zhuzhou Rubber Research & Design Institute Co Ltd, is involved...

Shenergy Group Co Ltd leads the way in building a domestic hydrogen energy manufacturing value chain

Shanghai-based Shenergy Group Co Ltd has unveiled the world's largest hydrogen-powered mining truck as part of its commitment to building a domestic hydrogen energy...

China’s Origin Quantum Advances in Quantum Computing Technology with First Non-Destructive Probe Electrical Measurement Platform

As Washington tightens its restrictions on chip exports to China, a local startup called Origin Quantum is racing to perfect its technology in quantum...

Alibaba Reports Better-Than-Expected Results Despite COVID-19 Impact

Chinese tech giant Alibaba Group Holding Ltd has posted impressive financial results for the October-December period, with total revenue standing at 247.76 billion yuan...

HP to increase investment in China, sees long-term sustainable growth

In a bid to capitalize on China's crucial market and its pivotal role in global supply chains, tech giant HP has announced its plans...

Strong Recovery Trend: China’s SMEs Show Improvement in January

Industrial data has shown that small and medium-sized enterprises (SMEs) in China experienced a surge in activity during January, indicating a steady recovery in...

China’s Ministry of Commerce Opposes US Export Control on Six Chinese Entities

The Chinese Ministry of Commerce (MOC) has expressed its strong opposition to the United States' recent decision to put six Chinese entities on its...

Zeekr, Geely’s Electric Vehicle Brand, Raises $750 Million in Funding Round

Geely Automobile Holdings, the Chinese automaker, has secured $750 million in funding for its electric vehicle (EV) brand Zeekr. The investment was made by...

China rewriting development blueprint, trade expert says

A senior fellow at the Washington-based Institute for China-America Studies, Sourabh Gupta, recently made a bold claim about China's infrastructure development. He stated that...

China’s Sany Heavy Industry moves closer to Frankfurt listing

China's leading engineering machinery company, Sany Heavy Industry, is moving forward with its plans to list on the Frankfurt Stock Exchange. This could be...

China tightens requirements on classifying banks’ asset risks

China is taking a stricter approach to managing financial risks in its banking sector. Effective July 1, banks must classify all assets, including bonds,...

China’s warming foreign trade boosts global economic recovery

It is a busy period in South China's Guangdong Province. The region, a primary economic hub, is seeing a robust rebound in foreign trade...

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