year-on-year to Rmb2,840 million. Basic and diluted earnings per share were Rmb79.9 cents and Rmb78.4 cents. Revenue amounted to Rmb16,105 million, an increase of 29% from a year earlier. Contracted sales amount grew 41.3% year-on-year…
Featured Posts Title
Pentagon investigates after China obtains parts from F-35 stealth fighter jet
Beijing’s ‘Red Lines’ Expose CCP’s Lack of Confidence: Analyst
US and China agree to extend trade truce through January 10, Bessent says
Sinner reportedly flying to Beijing this week, but the Vienna scenario has not gone away
Trump rolls out the red carpet for Xi despite US.-China tensions
EVs are driving Beijing’s trade war on the West
Sweden to moves China migration operations from Shanghai to Beijing
Recent Posts
CHINA SCE PROPERTY : PPT year net up 37% to Rmb2.84bn; div HK13 cts
Virtu Financial founder: We should view China as long-term partners
Vincent Viola, Virtu Financial founder, discusses the Trump administration’s views on trade and economic policies as well as the market’s reaction. “Fast Money Halftime Report” trader Joe Terranova weighs in. ( read original story …)
GlobalData: With 191 million Chinese tourists by 2021, global brands should embrace WeChat
With outbound travel and spending from China growing rapidly over the next five years, global tourist brands must leverage WeChat’s capabilities and wide reach to lure Chinese tourists, says leading data and analytics company GlobalData.…
China’s consumer day show targets Volkswagen, bike sharing
Last year, it turned its spotlight on U.S. sports brand Nike (NKE.N) for misleading advertising. Volkswagen itself has been targeted before – in 2015 for overselling repairs and spare parts to drivers and in 2013…
China Unicom targets fast profit growth after ownership reform
HONG KONG, March 15 (Reuters) – Chinese telecom carrier China United Network Communications is targeting compounded annual profit growth of 68.7 percent through 2020, Chairman Wang Xiaochu said on Thursday. China’s second-biggest telecoms carrier by…
China Unicom net profit nearly triples
HONG KONG, March 15 (Reuters) – China Unicom (Hong Kong) Limited said on Thursday its net profit for 2017 nearly tripled on cost savings. China’s second-biggest telecoms carrier by subscriber numbers had flagged the jump…
China Unicom reveals cost optimization and investment strategy
China Unicom has reduced the number of departments at the headquarters by 33 percent. It has also slashed the number of institutions at provincial branches by 21 percent. China Unicom has withdrawn 15 percent of…
China Unicom Hong Kong : 2017 Net Profit Nearly Tripled to CNY1.83 Billion
China Unicom (Hong Kong) Ltd. (CHU) said 2017 net profit nearly tripled from a year earlier, partly due to cost controls and higher service revenue growth. The Chinese mobile operator said net profit surged to…
Hong Kong stocks rise; IT, property shares lead
led by property and IT shares, as investors shrugged off concerns that growing trade tensions will hurt the global economy. ** The Hang Seng index rose 0.3 percent, to 31,541.10 points, while the China Enterprises…
CHINA SCE PROPERTY : Achieves Record-High Contracted Sales Amount of RMB33.2 Billion in 2017
HONG KONG, Mar 15, 2018 – (ACN Newswire) – China SCE Property Holdings Limited (the “Company”, together with its subsidiaries, the “Group”) (stock code: 1966), announced its annual results for the year ended 31 December…
Tech giants rush for piece of China’s burgeoning mobile esports market
China is a country of gamers: it’s the world’s largest gaming market by revenue. And as China’s smartphone population continues to grow – it’s about double the size of the US populace – mobile esports,…
KDDI, China Mobile, Singtel, Facebook & Others to Build New SEA-Japan Submarine Cable
KDDI and the members of the Southeast Asia-Japan 2 consortium (SJC2) signed an agreement with NEC to build a high performance submarine cable connecting Singapore, Thailand, Cambodia, Vietnam, Hong Kong, Taiwan, mainland China, Korea and…
China had a fraught relationship with Rex Tillerson, but would prefer him over his ‘hawkish’ successor
Tillerson was seen as a moderating influence in the Oval Office, and was reportedly concerned over tariffs that have angered China. An expert on Chinese foreign policy told Business Insider that Tillerson is “better” than…
