Tencent posts no growth in Q1 revenue, misses estimates

By Josh Ye HONG KONG (Reuters) – Chinese gaming and social media giant Tencent Holdings reported virtually no growth in first-quarterly revenue, its worst ever such performance, and also missed […]

Tencent Music’s Q1 revenue downbeat, shares rise amid hopes for regulatory easing

By Josh Ye and Eva Mathews HONG KONG (Reuters) – China’s Tencent Music Entertainment posted a 15% slump in first-quarter revenue, matching expectations, but saw its shares join a sector-wide […]

China battery maker CATL suffers profit fall as costs soar

SHANGHAI/HONG KONG (Reuters) -CATL, the world’s largest electric vehicle (EV) battery manufacturer, reported a 23.6% drop in the first quarter profit on Friday, its first fall in two years, as […]

China’s Huawei posts Q1 revenue drop, says handsets now more available

SHENZHEN, China (Reuters) – China’s Huawei Technologies said on Thursday its first-quarter revenues slipped 13.9% from a year earlier, with new business areas yet to reverse the company‘s waning fortunes […]

China’s Huawei seeks out growth areas as risks mount

SHENZHEN, China (Reuters) -Huawei Technologies has identified helping businesses to use 5G technology, cloud computing and to improve their energy efficiency as ways to bolster the company in the face […]