Chow Tai Fook Jewellery Group Ltd. reported slightly weaker-than-expected profits amid broader economic headwinds, as concerns grew about its longer-term outlook following China’s removal of a long-standing tax rebate on gold.
Chow Tai Fook Jewellery Group Ltd. reported slightly weaker-than-expected profits amid broader economic headwinds, as concerns grew about its longer-term outlook following China’s removal of a long-standing tax rebate on gold.
A Chow Tai Fook Jewellery Group store in Hong Kong.
WeRide Inc. narrowed its third-quarter net loss on increased robotaxi orders, as it races for a slice of the growing global market for driverless cabs.
WeRide Inc. narrowed its third-quarter net loss on increased robotaxi orders, as it races for a slice of the growing global market for driverless cabs.
WeRide’s robotaxi fleet in Abu Dhabi. Source: WeRide
Alibaba Group Holding Ltd. and Meituan are set to show a continued profit erosion after JD.com Inc. broke up their long-held duopoly in the meal delivery and fast-commerce sectors earlier this year.
Alibaba Group Holding Ltd. and Meituan are set to show a continued profit erosion after JD.com Inc. broke up their long-held duopoly in the meal delivery and fast-commerce sectors earlier this year.
A delivery worker for Meituan in Shanghai. Photographer: Qilai Shen/Bloomberg
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