China Biologic Products Holdings, Inc. (NASDAQ: CBPO, “China Biologic” or the “Company”), a leading fully integrated plasma-based biopharmaceutical company in China, today announced its financial … ( read original story …)
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Puyi Inc. Announces Unaudited Financial Results for the First Half of the Fiscal Year 2021
PUYI), a leading third-party wealth management service provider in China focusing on affluent and emerging middle class population, today announced its unaudited financial results for the first … ( read original story …)
China is jeopardizing its Europe and Middle East influence with Iran, Russia, and Myanmar partnerships
China’s strengthening of ties with Iran, Myanmar, and Russia risks its relationships with important global powers. These partnerships undermine the credibility of China’s claim to prioritize global … ( read original story …)
Special Report: Money trail from Daphne murder probe stretches to China
A widening investigation into allegations of high-level corruption on the island of Malta, first levelled by murdered journalist Daphne Caruana Galizia, stretches to China and a $400 million … ( read original story …)
Nike and other Western brands are likely to remain under a microscope in China: Cowen
Rick Helfenbein, former chairman, president & CEO of the Apparel & Footwear Association (AAFA), tells Yahoo Finance that the latest situation in China might prove costly. “Nike’s China business … ( read original story …)
Three Genworth Financial directors plan to retire from insurance company’s board as it pursues business options
Three members of the board of directors at Genworth Financial Inc., are planning to retire from the board as the Henrico County-based insurance giant pursues other business options besides its … ( read original story…
Stocks are off to a mixed start, bank losses weigh on market
U.S.-listed shares Credit Suisse of Switzerland plunged after the bank warned that it could face big losses related … AP’s earlier story follows below. BEIJING (AP) — Global stock markets were mixed … ( read…
China’s shadow banking sector pushed into the light
China is looking to reduce the scope of risky shadow banking operations, yet the sector is vital to its economy. ( read original story …)
CPHI Stock: China Pharma Climbs on Financial Results
China Pharma Holdings, Inc. (NYSEAMERICAN: CPHI) is flying in the market this morning, and for good reason. The company announced its financial results for the full 2020 year, exciting investors. Here … ( read original…
Coolpad reveals financial data for 2020; reports 56.3% decline in consolidated income
Coolpad, the China-based smartphone manufacturer, has revealed the financial data for the year 2020. It revealed that the group generated a consolidated income of HK$817.6 million during the whole … ( read original story …)
China United Insurance Service Reports Revenue Increase of 29.6% and 2020 Financial Results
Quoted on OTCQB since March 22, 2021 China, Hong Kong and Taiwan, March 29, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – China United Insurance Service, Inc. (“CUIS”) (OTCQB: CUII), a leading Asian … ( read…
China debt defaults prompt authorities to tighten oversight of credit rating agencies
In a draft regulation out for public feedback until April 12, the People’s Bank of China (PBOC) and four other financial regulators proposed credit rating agencies set up a quality appraisal system … ( read…
Breakingviews – Capital Calls – China’s banking giants are too big, too frail
That’s a huge improvement from previous quarters, when banks were directed by Beijing to lend to pandemic-battered sectors resulting in heavy loan-loss provisions. Beat-up valuations are due a boost: … ( read original story …)