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…
Tagged By beijing
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…
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…
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…
Balancing act: Chip giant Qualcomm caught between Washington and Beijing
SHANGHAI (Reuters) – U.S. chipmaker Qualcomm Inc (NasdaqGS:QCOM – News), blocked this week from a takeover bid amid national security fears, was already walking a Pacific tightrope: it has government and defense contracts in America,…
A Bar Street Falls Quiet as Beijing Puts a Limit on Foreigners
BEIJING — Most nights, a mixed crowd of young Chinese and foreigners, many of them students, cram the sidewalks along Caijing Dong Street, drinking alcohol and snacking on street food to the sound of thumping…
China, Russia welcome Korean peace efforts with diplomacy in overdrive
“China and Russia agreed to continue cooperation to uphold the … working talks soon to work out details for the inter-Korean summit. South Korea’s Yonhap news agency reported that North Korea’s Foreign Minister Ri Yong…
China self-owned brands more well regarded by consumers than ever
Shanghai (Gasgoo)- A one-week survey conducted before the March 15 (the World Consumer Rights Day) showed that nearly half of the participants think that China’s self-owned auto brands have achieved greater improvements in quality. Meanwhile,…
Brand promotion for Chinese maritime products launched at Asia Pacific Maritime 2018
SINGAPORE – A three-day brand promotion event for Chinese maritime products was launched here Wednesday at the Asia Pacific Maritime 2018 (APM). The event was jointly organized by the Trade Development Bureau (TDB) of China’s…
Is Beijing planning to take Taiwan back … by force?
Beijing is turning preliminary policy proposals addressing the Taiwan issue into specific tactics that could pave the way for a forcible seizure of the self-ruled island, although the mainland has no timetable for such a…
China, Russia welcome Korean peace drive: South Korean envoy
SEOUL (Reuters) – China’s President Xi Jinping offered encouragement for South Korea’s initiative to nurture peaceful engagement with North Korea, and Russia also expressed support, the South Korean official leading diplomatic efforts said on Thursday.…
