Four of China’s largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in ...

The loss attributable to shareholders stood at 32.8 billion yuan, compared with a record 178 billion yuan loss in 2023, ...

Despite a 2.5% oil price drop in 2024, PetroChina posted record revenue of 2.9 trillion yuan ($400 billion) and a 2% profit ...

Shares of China's big state-owned banks rose in morning trade on Monday after lenders unveiled recapitalisation plans to ...

Pop Mart International Group Ltd expects annual revenue to reach 20 billion yuan ($2.75 billion) in 2025, reflecting a 50 ...

The Ministry of the Interior found that one influencer has a strong connection to the Taiwan Affairs Office in China, having ...

Angang Steel Co Ltd., the listed arm of China’s second-biggest steelmaker, racked up a loss of nearly $1 billion last year, ...

China’s Country Garden Holdings Co. reported a narrower loss in 2024 as the defaulted property giant seeks to build creditor ...

The fundraising comes after the National People’s Congress vowed earlier this month to recapitalise major state banks.

Four of China's largest state-owned banks said on Sunday they plan to raise a combined 520 billion yuan ($71.60 billion) in ...

Debt-laden Chinese property developer Country Garden has logged a major loss for 2024 amid China's real estate slump. The net loss narrowed from the previous year to 32.8 billion yuan, or 4.5 billion ...