CNOOC sees net production up 9.3% in H1

CNOOC booth at an expo held in Shanghai on June 9, 2021. [Photo/VCG] CNOOC Limited made solid progress in reserves and production growth during the first half this year, with net production up by 9.3 percent year-on-year, the company said on Wednesday. With the steady progress of technological innovation and green development, the company made … Continue reading CNOOC sees net production up 9.3% in H1

Geely’s H1 revenue hits record high

The Geely logo is seen on a rim at a car dealership in Shanghai, on Aug 17, 2021. [Photo/Agencies] Geely Automobile Holdings saw its operating revenue hit a record 107.3 billion yuan ($15.05 billion) in the first half this year, soaring 46.6 percent year-on-year, said the Hong Kong-listed carmaker on Wednesday. The Chinese conglomerate delivered … Continue reading Geely’s H1 revenue hits record high

Reform push buoys financial investors

Shin Hyung-kwan from South Korea has been working in the financial industry for 32 years, and he has spent about half of his career in Shanghai. The veteran businessman and CEO of China Capital Market Lab believed that the continuously evolving business environment contributes to unlocking new institutional profits in China’s economy. Click the new … Continue reading Reform push buoys financial investors

Seres H1 revenue forecast to soar

The AITO booth attracts visitors at the Beijing auto show in April, 2024. [Photo by Li Fusheng/chinadaily.com.cn] Chinese NEV maker Seres said on Tuesday that its forecast revenue in the first half this year would stand between 63.9 billion yuan ($8.78 billion) and 66 billion yuan, marking a surge up to 498 percent from the … Continue reading Seres H1 revenue forecast to soar

East Buy Holding reports 108% growth YoY

The East Buy’s logo. [Photo/VCG] East Buy Holding Ltd, a Chinese e-commerce platform of New Oriental’s founder Yu Minhong, reported its self-branded products achieving a gross merchandise value of more than 3.6 billion yuan ($496 million) for the second half of the 2024 fiscal year ending May. The GMV marked a 108 percent growth compared … Continue reading East Buy Holding reports 108% growth YoY