Cut off from the semiconductors it needs by US sanctions, the Chinese telecom giant Huawei has sought salvation in software, but the results aren't great, a new report says
The 4 billion yuan onshore bond will mature on April 1, 2024, but investors have a put option to sell back to the company on April 1 this year.
Arm's inability to audit the financials of the unit, which contributed about one-fifth of revenue last year, is a big sticking point for a blockbuster public offering.
Over the past week, 15 companies seeking IPOs on Shanghai's tech-focused STAR Market have suspended listing applications, almost all citing impact from the epidemic
Companies have rushed to cash in on higher natural gas prices as sanctions on Russian fuel have shocked already tight supplies
The NTSB said Beijing had permitted the entry of staff from the agency as well as technicians from the Federal Aviation Administration, Boeing and engine maker CFM
Chinese authorities are drafting new regulations to cap internet users’ digital tipping, people familiar with the situation said
General Motors' joint venture in Shanghai maintained production by asking workers to sleep on factory floors and getting passes for trucks to continue deliveries
Lenders are facing a "severe business environment", China Construction Bank said, while Bank of Communications warned it was unlikely to deliver "satisfactory earnings"
Evergrande said it would use the proceeds to repay construction fees of 920.7 million yuan for projects in Hangzhou, including the Crystal City Project
It also generated an operating revenue of about 33.1 billion yuan, an annual increase of about 18%, the company said in its first-quarter earnings report
Housing sales by floor space fell 49.1% year-on-year in March in 17 Chinese cities, a deeper contraction than a 23.4% drop the previous month