Category: Business
Huawei's dividend per share in 2024 is 1.41 yuan
On January 19, 2025, Huawei released an internal document, announcing the 2024 dividend of the ESOP (Employee Stock Ownership Plan). The price per share was 7.85 yuan, and the dividend per share was 1.41 yuan. Based on this calculation, the virtual stock dividend yield is approximately 18% (before tax).
Sanofi announces 1 billion euro investment to build insulin production base in Beijing
Sanofi, France's largest healthcare company, announced an investment of approximately 1 billion euros in Beijing to build the company's largest single investment project in China to date.
In 2024, there will be about 115 million people working in the life service industry in China
Recently, the China General Chamber of Commerce released the "China's Life Service Industry Development Report 2024".
China's annual express delivery volume exceeds 150 billion pieces for the first time
Micron says it will continue to invest in China
China Aerospace Science and Technology Corporation establishes commercial rocket company
China Aerospace Science and Technology Corporation Commercial Rocket Co., Ltd. was officially established in Shanghai on September 26, 2024 with a registered capital of 1 billion yuan.
Geely plans to build car assembly plant in Vietnam
China's Geely Automobile plans to expand production and set up a car assembly plant in Vietnam as part of a series of investment commitments worth nearly $170 million.
Demand for Moutai in mainland China cools
Wholesale prices for Kweichow Moutai’s liquor also continued to fall this year during the peak sales season, as continued weak demand prompted the company to repurchase shares for the first time in its history.
Black Myth: Wukong sold 20 million copies in its first month
One month after the release of the Chinese 3A game "Black Myth: Wukong", the latest data released by data analysis company VG Insights today showed that the game's sales on the Steam platform have reached 20 million copies, with total revenue exceeding US$961 million.
Hong Kong Monetary Authority cuts interest rates for the first time in four years
Following the pace of the US Federal Reserve's interest rate cut, the Hong Kong Monetary Authority also announced a 0.5 percentage point cut in the base interest rate on Thursday (September 19, 2024). This is the first interest rate cut by the Hong Kong Monetary Authority in four years.
Tencent's Ma Huateng returns to being China's richest man
Ma Huateng, co-founder of Chinese tech giant Tencent, has regained his spot as China's richest man.
China imports African sheep meat products for the first time
China imported mutton from the African island nation of Madagascar. This is the first time that China has imported mutton products from Africa.
Nearly 30,000 noodle shops closed in China in the first half of the year
China's weak economy has led to sluggish private consumption, which has severely impacted the catering industry. In addition to Beijing's Din Tai Fung announcing the closure of 14 branches in North China and Xiamen, high-end ramen restaurants that were once popular in China are facing unprecedented difficulties. In the first half of the year, nearly 30,000 registered noodle restaurants closed.
IBM China withdraws access rights from R&D employees
IBM China has reportedly shut down the access rights of IBM China employees in R&D and testing positions, including those in Beijing, Shanghai, Dalian and other places, affecting more than 1,000 people.