BRIEF: Baidu to issue yuan-denominated notes
Chinese internet giant Baidu Inc. (9888.HK, BIDU.US) said on Monday it plans to offer yuan-denominated unsecured senior notes in offshore transactions outside the U.S. The company plans to use proceeds…
INDUSTRY BRIEF: China eases TV drama restrictions, industry sees turning point
China’s television drama industry is seeing its most significant regulatory relaxation in nearly 20 years, according to a report in financial media Caixin. The National Radio and Television Administration (NRTA)…
INDUSTRY BRIEF: Macao’s gaming revenue hits year-high in August
Macao’s gross gaming revenue reached 22.16 billion patacas ($2.76 billion) in August, up 12.2% year-on-year and edging up 0.14% from the previous month, the city’s Gaming Inspection and Coordination Bureau…
BRIEF: Trip.com’s revenue, profit rise in second quarter
Online travel agent Trip.com Group Ltd. (9961.HK, TCOM.US) said on Wednesday its revenue rose 16% year-on-year to 14.8 billion yuan ($2.1 billion) in the second quarter of 2025, while its…
BRIEF: CMGE forecasts first-half loss up to $90 million
Game operator CMGE Technology Group Ltd. (0302.HK) said on Tuesday it expects to report a net loss of up to 650 million yuan ($90 million) for the first half of this year, widening…
BRIEF: DouYu returns to revenue growth, profits
Livestream gaming company DouYu International Holdings Ltd. (DOYU.US) on Monday reported its first quarterly revenue growth in more than three years, as its business stabilized after a difficult period for many Chinese…
BRIEF: NetEase revenue, profit rise in second quarter
NetEase Inc. (NTES.US) said on Thursday its revenue rose 9.4% to 27.9 billion yuan ($3.89 billion) in the second quarter of 2025 from 25.5 billion yuan a year earlier, as…