FAST NEWS: CIMC Vehicles profit hits record on strong overseas growth, one-time gain
The latest: Container truck manufacturer CIMC Vehicles (Group) Co. Ltd. (1839.HK; 301039.SZ) reported Wednesday its net profit for the first half of 2023 surged 419% year-on-year to 1.9 billion yuan ($261 million),…
CHINA BULLETIN: Sounds of Negativity
In this week’s issue Chinese exports post a shock decline, Guangzhou becomes the latest city to feel the Covid heat, and a new North Star rises over China. On a scale of 1 to 10, we give the week a 6.5 for offshore-listed China stocks.