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Tag: profits

China cuts holdings of US Treasury debt in January, ending 2-month rise

wangxiao04/14/20240

A teller counts U.S. dollar bills at a bank in Qionghai, south China\’s Hainan Province. Photo: Xinhua
China\’s holdings of US Treasury debt fell to $797.7 billion in January, ending a two-month increas

China cuts holdings of US Treasury debt in January, ending 2-month rise

wangxiao04/12/20240

A teller counts U.S. dollar bills at a bank in Qionghai, south China\’s Hainan Province. Photo: Xinhua
China\’s holdings of US Treasury debt fell to $797.7 billion in January, ending a two-month increas

China cuts holdings of US Treasury debt in January, ending 2-month rise

wangxiao04/11/20240

A teller counts U.S. dollar bills at a bank in Qionghai, south China\’s Hainan Province. Photo: Xinhua
China\’s holdings of US Treasury debt fell to $797.7 billion in January, ending a two-month increas

China cuts holdings of US Treasury debt in January, ending 2-month rise

wangxiao04/08/20240

A teller counts U.S. dollar bills at a bank in Qionghai, south China\’s Hainan Province. Photo: Xinhua
China\’s holdings of US Treasury debt fell to $797.7 billion in January, ending a two-month increas

Profits of foreign-invested firms in China up 31.2 pct in first two months: data

wangxiao04/07/20240

BEIJING, April 6 (Xinhua) — Foreign-invested firms as well as those with investors from China\’s Hong Kong, Macao and Taiwan regions reported profit growth of 31.2 percent year on year in the first tw

China\’s software industry expands in first 2 months

wangxiao04/07/20240

BEIJING, April 5 (Xinhua) — China\’s software and information technology service industry got off to a good start this year, with double-digit growth reported in revenue and profits in January and Feb

Huaxia Bank reports 5.3 pct growth in 2023 net profits

wangxiao02/23/20240

BEIJING, Feb. 22 (Xinhua) — Mid-size Chinese lender Huaxia Bank reported steady growth in net profits last year.
The bank raked in 26.36 billion yuan (3.71 billion U.S. dollars) in net profits, up 5.

Chinese commercial banks see profits up 3.2 pct in 2023

wangxiao02/22/20240

BEIJING, Feb. 21 (Xinhua) — China\’s commercial banks reported a profit growth of 3.2 percent in 2023, data from the banking regulator showed on Wednesday.
Net profits of commercial lenders hit 2.4 tr

Firms listed on Shenzhen bourse see steady performance in 2023

wangxiao02/01/20240

BEIJING, Jan. 31 (Xinhua) — Companies listed on the Shenzhen Stock Exchange recorded steady performance last year, with over 60 percent of them making profits, data from the bourse showed.
Among the

China\’s software sector reports steady expansion in first three quarters

wangxiao12/27/20230

BEIJING, Oct. 29 (Xinhua) — China\’s software and information technology service industry registered double-digit growth in revenue and profits in the first three quarters of this year, official data

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