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, 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.
Recently, the China General Chamber of Commerce released the "China's Life Service Industry Development Report 2024".
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.
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.
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.
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.
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.
Ma Huateng, co-founder of Chinese tech giant Tencent, has regained his spot as China's richest man.
China imported mutton from the African island nation of Madagascar. This is the first time that China has imported mutton products from Africa.
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 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.
JD.com's shares plummeted as Walmart, the largest retailer in the United States, seeks to sell its stake in JD.com in an effort to raise up to US$3.74 billion.
