Engen Tham

2 weeks ago | finance.yahoo.com | Engen Tham |Selena Li

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Engen Tham and Selena Li Tue, Apr 29, 2025, 4:21 AM 3 min read By Engen Tham and Selena Li SHANGHAI/HONG KONG (Reuters) - China's Big Five lenders on Tuesday reported narrower margins on their first-quarter earnings and some a drop in profits as the banking sector is hit by a protracted economic slowdown, with rising tariffs darkening prospects further.

2 weeks ago | ca.marketscreener.com | Engen Tham |Selena Li

SHANGHAI/HONGKONG (Reuters) -China's CITIC Securities Co, the country's biggest brokerage, reported a 32% rise in net profit in the first quarter this year, on strong investment returns and higher brokerage fee income. Its quarterly profit was 6.545 billion yuan ($900.50 million), up from 4.959 billion yuan in the same period last year, according to a filing on Tuesday.

1 month ago | ca.finance.yahoo.com | Engen Tham

By Engen Tham DALIAN, China (Reuters) - When a Chinese pork producer filed for bankruptcy in 2019, the news came as a jolt to Alan Hill. The retired Apple executive from Albuquerque had invested about $100,000 last decade in Dalian Chuming Meat Processing through a U.S.-listed holding company, Energroup Holdings. Chuming had not paid dividends for many years, but it supplied pork to Walmart and had been profitable at least as recently as 2016.

1 month ago | today.westlaw.com | Clare Jim |David Crawshaw |Engen Tham

DALIAN, China (Reuters) - When a Chinese pork producer filed for bankruptcy in 2019, the news came as a jolt to Alan Hill. The retired Apple executive from Albuquerque had invested about $100,000 last decade in Dalian Chuming Meat Processing through a...

1 month ago | gurutrade.com | Ziyi Tang |Engen Tham |Jan Harvey |David Evans

CITIC Securities booked 21.7 bln yuan profit Investment gains up 71.8% on year Fees and commissions from investment banking business down 33.9% BEIJING/SHANGHAI, March 26 (Reuters) - China's biggest brokerage CITIC Securities Co , reported a 10% rise in net profit in 2024, driven by growing investment gains as domestic stock markets rebounded. Profit was 21.704 billion yuan ($2.99 billion) last year´╝îcompared to 19.721 billion yuan in 2023, the filing showed.