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- 28articles · 30d
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- Aug 23, 2026earliest in window
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- 341avg words
- Economy, Business & Finance 21
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News
China Approves CICC’s Acquisition of Two Smaller Brokerages
5+ day, 22+ hour ago (311+ words) (Yicai) Sept. 8 -- Chinese regulators have given the green light to China International Capital Corporation’s proposed acquisition of two smaller rivals, clearing the way for the creation of the country’s sixth brokerage with assets of more than CNY1 trillion (USD140.5 billion). The China…...
China’s Listed Brokerages’ Profit Surges 49% as Industry Leaders Dominate
1+ week, 6+ day ago (397+ words) (Yicai) Sept. 1 -- China’s listed brokerages posted a nearly 50 percent surge in first-half profit, with earnings concentrated among industry leaders as smaller firms delivered increasingly divergent results. The 42 mainland-listed securities firms reported combined net profit attributable to shareholders of CNY155.2 billion (USD23.1 billion)…...
Wingtech Secures Freeze on Dutch Chipmaker Nexperia’s China Assets Amid Control Battle
1+ week, 5+ day ago (381+ words) (Yicai) Sept. 1 -- Chinese semiconductor and electronics company Wingtech Technology has secured a court freeze on billions of yuan of Nexperia’s assets in China, gaining fresh leverage in its fight with the Dutch chipmaker after losing control of the business dealt…...
Z.AI Rises After Chinese Firm Narrows First-Half Loss as Open Platform, API Services Revenue Soars
1+ week, 6+ day ago (484+ words) (Yicai) Sept. 1 -- Z.AI's shares rose after the Chinese startup shrank its net loss and grew revenue from its open platform and application programming interface services more than 27 times in the first half of this year. Z.AI, formerly known as Zhipu…...