Citic Resources first-half profit jumps on high oil prices
Energy and mineral resource developer and investor Citic Resources Holdings Ltd. (1205.HK) said on Monday its profit rose sharply in the first half of 2026, boosted by high oil prices.…
PODCAST: Alibaba and JD.com break up, and China’s growing love affair with Saudi Arabia
Alibaba announces a plan to split into six parts, and JD.com says it’ll spin off its commercial and real estate arms. And Saudi Arabian announces two new multibillion-dollar oil refining investments in China.
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