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29.08.25 - 09:24
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Kone to elevate Greater Bay Area operations from its base in Shenzhen (SCMP)
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Finnish lift maker Kone plans to set up its southern China headquarters in Shenzhen, which will include a research and development centre and a logistics hub, to tap growing opportunities in the Greater Bay Area.
The company on Friday signed an agreement with the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen, marking the launch of its investment initiative in the Guangdong-Hong Kong-Macau Greater Bay Area.
“It's a very significant investment for Kone,” said Joe......
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27.08.25 - 11:42
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China Industrial Profits Decline At Slower Pace (AFX)
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BEIJING (dpa-AFX) - China's industrial profits declined at a slower pace in the January to July period, data from the National Bureau of Statistics showed on Wednesday. Industrial profits decrease......
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27.08.25 - 09:15
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Research: G Sachs Lifts TPs for CRRC, TIMES ELECTRIC; Both Rated Buy (AAStocks)
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The 1H25 interim results of CRRC (01766.HK) and TIMES ELECTRIC (03898.HK) largely met guidance, with a differentiated yet stable pattern observed in railway and emerging businesses, according to Goldman Sachs' research report.As of now, the bidding volume for MUs and locomotives has reached 278 standard sets and 455 units, s......
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26.08.25 - 12:15
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Results: LONKING Interim NP RMB632M, Up 37.8% YoY (AAStocks)
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LONKING (03339.HK) announced its interim results ended June 2025. The turnover added 4.4% YoY to RMB5.596 billion. The net profit amounted to RMB632 million, up 37.8% YoY. EPS was RMB0.15. No dividend was declared.~AAStocks Financial NewsWeb Site: www.aastocks.com...
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