China’s industrial enterprises saw profit growth ease to 21.1% in May from 24.7% in April, while remaining above 15.5% in the first quarter, Huatai Securities said in a research note, according to 36Kr. The note said revenue growth continued to improve, indicating an overall positive profit trend.H…
More than 120 A-share stocks were surveyed by institutions in the week of June 20-26, with Guangshengtang attracting the most attention, according to 36Kr. Guangshengtang was surveyed by 53 institutions, including six fund companies, six securities firms and eight private equity firms.Shenghong Tec…
The Shanghai-headquartered BRICS New Development Bank said it has issued bonds in Macau for the first time, with an issuance size of $50 million, according to Ming Pao.The bonds are three-year floating-rate notes priced at the Secured Overnight Financing Rate (SOFR) plus 30 basis points. The notes…
Fang Wenyuan, the spouse of prominent Chinese investor Zhang Jianping (known as “Zhang Mengzhu”), sharply reduced her holdings in Anhui Jianghuai Automobile Group Corp. (JAC Motors) between June 10 and June 23, according to 36Kr. Data showed Fang held 26.6502 million JAC Motors shares as of June 23…
Huawei executive director and Terminal BG chairman Richard Yu said on Weibo on June 27 that the new-generation Aito M9 series has received more than 42,000 “large deposits” within one month of its launch, and nationwide deliveries have begun, according to 36Kr.
A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe as a dangerously overheated global AI trade.After an explosive run-up in semiconductor and model‑development stocks from Seoul to Silicon Valley, several of Beijing’s money managers now argu…
China Enterprise Co. (600675.SH) said it has elected Sun Yi as chairman of its 11th board, while vice chairman Li Jian will no longer perform the duties of chairman, head of the board’s strategy committee, or legal representative. The company also elected Lou Shanjie as vice chairman, according to…
LISHUI, China, June 26, 2026 /PRNewswire/ -- Farmmi, Inc. (NASDAQ:FAMI) (the "Company"), an agriculture products supplier in China and a logistics and supply chain services provider in the United States, today announced that it intends to offer in a public offering Class A ordinary shares of the Co…
Shares of Universe Pharmaceuticals Inc. (UPC) soared nearly 288% in after-hours trading on Friday after the company announced it had acquired a portfolio of pharmaceutical patents.Details Of The AcquisitionUniverse Pharmaceuticals agreed to buy 100% of Best Praise International Limited, a company t…
NEW YORK, June 26, 2026 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) NASDAQ:WRD; HKEX:0800, a global leader in autonomous driving technology, today announced that each of the proposed resolutions submitted for shareholders’ approval (the “Proposed Resolutions”) as set forth in the no…
Ji'an, Jiangxi, China, June 26, 2026 (GLOBE NEWSWIRE) -- Universe Pharmaceuticals INC NASDAQ:UPC (“Universe Pharmaceuticals” or the “Company”), a pharmaceutical producer and distributor in China, today announced that the Company has entered into a share purchase agreement to acquire 100% of the iss…