🇨🇳 China · Business
80 storiesHikvision nine-month net profit rises 38.55% to 12.911 billion yuan
Hikvision reported net profit of 12.911 billion yuan for the first three quarters of 2026, up 38.55% year on year, on revenue of 74.044 billion yuan, up 12.60%. Third-quarter net profit was 5.016 billion yuan, up 36.97%, on revenue of 27.22…
Xinyisheng controlling shareholder proposes 800 million–1 billion yuan buyback
Xinyisheng (新易盛) said its controlling shareholder had proposed an A-share buyback of 800 million to 1 billion yuan. The repurchased shares would be used for equity incentives or an employee shareholding plan.
Shengyi Technology expects nine-month net profit to rise 164%-181%; unit sees 68%-75% gain
Shengyi Technology (生益科技, 600183.SH) said on October 16 it expects net profit attributable to shareholders of 6.46 billion to 6.87 billion yuan for the first three quarters of 2026, up 164% to 181% year on year. Its subsidiary Shengyi Elect…
Jiangbolong forecasts nine-month profit surge as memory-price gains slow
Jiangbolong (江波龙) forecast net profit attributable to shareholders of 14 billion to 14.9 billion yuan for the first nine months of 2026, up 1,864.55% to 1,990.84% year on year. The company said slower DRAM and NAND Flash price increases wer…
Dazu Shukong reports nine-month profit up 214.03%
Dazu Shukong (大族数控) reported net profit attributable to listed-company shareholders of 1.544 billion yuan for the first three quarters of 2026, up 214.03%. Revenue rose 100.9% to 7.841 billion yuan.
Tongkun Gufen forecasts nine-month profit of 6.7–7.1 billion yuan
Tongkun Gufen (桐昆股份) forecast net profit attributable to listed-company shareholders of 6.7 billion to 7.1 billion yuan for the first three quarters of 2026. The forecast represents year-on-year growth of 332.64%–358.47%.
Fudan Weidian forecasts nine-month profit growth of 187.63%–248.18%
Fudan Weidian (复旦微电) forecast net profit attributable to parent-company owners of 950 million to 1.15 billion yuan for the first three quarters of 2026. That would represent growth of 187.63%–248.18% from a year earlier.
Zhongjin Huangjin forecasts 50.05%-57.66% rise in nine-month profit
Zhongjin Huangjin (中金黄金) expects net profit attributable to shareholders of 5.52 billion-5.8 billion yuan for the first nine months of 2026, up 50.05%-57.66% year on year. The company cited higher gold and copper prices, by-product income a…
Yilian Wangluo forecasts 14%-18% profit growth for first nine months
Yilian Wangluo (亿联网络) forecast net profit attributable to shareholders of 2.232 billion-2.311 billion yuan for the first nine months of 2026, up 14%-18% from a year earlier. The company cited market expansion, channel development and recove…
Dazu Jiguang forecasts nine-month profit growth of 145.55%–157.13%
Dazu Jiguang (大族激光) forecast net profit attributable to listed-company shareholders of 2.12 billion to 2.22 billion yuan for the first three quarters of 2026. The forecast implies year-on-year growth of 145.55%–157.13%.
Goldman Sachs forecasts Alphabet capital spending near $350 billion in 2027
Goldman Sachs forecasts Alphabet capital expenditure of $349.896 billion in 2027, up 72.2% from its 2026 estimate, according to Chinese reports. The bank's October 14 research note also projects spending of $414.627 billion in 2028.
Rubber futures hit nine-year high as over 60 tyre makers issue price-rise letters
The main rubber contract on the Shanghai Futures Exchange closed at 20,145 yuan per tonne on October 8, up more than 28% this year and at its highest level in nine years. Since September, more than 60 tyre makers have issued over 70 price-i…
Apple reportedly cuts iPhone 18 Pro orders as demand weakens
Apple has asked some suppliers to cut component production for the newly released iPhone 18 Pro and iPhone 18 Pro Max, according to reports carried by CLS, Yicai and 36Kr. The reports say sharply higher memory chip costs forced Apple to rai…
SpaceX agrees to buy US low-band spectrum licences for mobile service; carrier shares fall
SpaceX has agreed to acquire a portfolio of low-band spectrum licences covering the United States for mobile communications, Chinese outlets reported. IT Home, citing Reuters, said the 800 MHz spectrum is being bought from private equity fi…
Anta completes purchase of 29.06% PUMA stake, becomes top shareholder
Anta Sports Products said it has completed the acquisition of a 29.06% stake in PUMA SE, making it the German sportswear company's largest shareholder. The stake was bought from Artémis SAS, the investment company of the Pinault family, for…
Samsung Q3 operating profit tops 100 trillion won for first time, up 782.5%
Samsung Electronics' preliminary third-quarter figures show operating profit of 107.4 trillion won, up 782.5% from a year earlier, on revenue of 195 trillion won, up 126.6%. 36Kr reported it is the first time the company's quarterly operati…
Manus parent Butterfly Effect raises more than $500 million in new funding round
Butterfly Effect (蝴蝶效应), the parent company of Manus, has completed a new funding round of more than $500 million, Chinese business and tech outlets reported on October 8. Boyu Capital (博裕投资) and IDG Capital led the round, and existing shar…
Huawei and Qualcomm sign broad patent licensing deal covering 5G, AI and networking
Huawei and Qualcomm announced a multi-year, broad patent licensing agreement that cross-licenses their portfolios in 5G, computing, artificial intelligence and networking, with Qualcomm also acquiring some of Huawei's US patents in those fi…
Paramount Skydance completes $110bn acquisition of Warner Bros. Discovery
Paramount Skydance announced on October 6 that it completed its acquisition of Warner Bros. Discovery, a deal valued at about $110 billion, according to Xinhua reports carried by Jiemian and 36Kr. The combined group, to be known simply as S…
Samsung reportedly to cut fourth-quarter smartphone output by up to 30%
Samsung Electronics' Mobile Experience (MX) division plans to cut fourth-quarter 2026 smartphone production by as much as 30%, Korean media reported, and has asked partners to reduce supply by 20% to 30%. Chinese outlets citing the reports …