Bank of Communications Co., one of China’s largest state-owned lenders, announced its first interim dividend in more than a decade despite a decline in profits.
Featured Posts Title
Beijing says Japan ‘walking on edge’ over Taiwan Strait
Bosideng blends film and fashion at Beijing festival
U.S. intelligence detects signs China is weighing giving Iran advance radar systems
China ramps up Iran peace push ahead of high-stakes Xi-Trump summit
China turns Taiwan’s own voices against it in information war
Xi hosts slew of world leaders in Beijing as Trump fights with allies
What is China’s X-Band radar system? Beijing mulls giving Iran its advanced game-changer tech
Recent Posts
China’s Bocom Plans Rare Interim Dividend as Profits Slide
China’s central bank conducts $38.94 billion via reverse repos Wednesday
China central bank conducted 2773 billion yuan about US3894 billion of seven-day reverse repos at an interest rate of 17 percent Wednesday …
China bond bulls warned of bubble risk over bumper debt supply
The warning follows frenzied buying that has driven up the prices of Chinese 10-year central government bonds, pushing yields below 2.2 per cent and leading the People’s Bank of China to caution that …
China’s debt divide is hurting its economy
Beijing’s refusal to surrender control to local government or take on more responsibility is key to the country’s challenges …
Two more Chinese airlines to start flying China-made COMAC C919 jet
Air China and China Southern Airlines will become the second and third Chinese carriers to fly China’s homegrown COMAC C919 passenger jet when their first planes are delivered on Wednesday, state-run Chinese Central TV said.
China’s DiDi to become 2nd-largest shareholder of state-backed NavInfo unit
DiDi Smart Transportation Technology will make up 87% of AutoAi’s plan to boost its registered capital by 27.45 million yuan ($3.85 million), with NavInfo contributing the remainder, showed the filing …
US Marines Deploy Reaper to Contested Airspace Near China
The drone supports the Marines’ littoral operations in contested environments with a long-range intelligence, surveillance and reconnaissance capability.
China’s Nongfu Spring sees shares fall over 12% after beverages maker posts decline in profit growth
Shares of China’s largest bottled water producer Nongfu Spring slumped after posting a sharp slowdown in its half-year profit growth.
CHINA UNICOM Chairman Projects Data Assets to Worth RMB500M This Yr
Chairman Chen Zhongyue said at the opening ceremony of an expo that starting this year, UNICOM has listed the value of its data assets on its balance sheet, and it is expected that data assets…
Foreign smartphone sales in China edge up 2.7% in July, according to research data
Sales of foreign-branded smartphones, including Apple Inc’s iPhone, in China rose 2.7% in July year-on-year, according to data released on Wednesday from a government-affiliated research firm.
Sports brands in China turn in uneven performance despite Olympic year
A bright spot in the first half was Anta Sports Products, one of the largest homegrown Chinese brands. The company on Tuesday evening said its interim revenue grew 13.8% on the year to 33.73 billion…
Prudential New Business Profit Falls 1.4%, Led by China, HK
Prudential Plc reported a 1.4% drop in new business profit for the first half, hit by slower sales in mainland China, Hong Kong and Indonesia.
Popular Taiwanese dumpling chain to close 14 stores in China as economy loses steam
Din Tai Fung, a popular Michelin-starred Taiwanese restaurant known for its long lines and hot dumplings, says it is closing more than a dozen stores in China as the world’s second-largest economy …
