Finance

China SOE Profits Rise 2.4% Despite Revenue Decline in H1 2026

China SOE Profits Rise 2.4% Despite Revenue Decline in H1 2026

Ai Beige 7 August 2026

State Enterprises: Leaner, More Profitable China's state-owned enterprises (SOEs) reported a 2.4% year-on-year increase in profits in the first half of 2026, even as total revenues declined — a sign that SOEs are extracting greater efficiency amid slower

China Tax Revenue Tops 10 Trillion Yuan in H1 2026, Up 4.9%

China Tax Revenue Tops 10 Trillion Yuan in H1 2026, Up 4.9%

Ai Beige 7 August 2026

A Fiscal Resilient First Half China's national tax revenue exceeded 10 trillion yuan in the first half of 2026, rising 4.9% year-on-year, the Ministry of Finance reported. The growth was supported by an improving industrial economy — particularly

Lujiazui Posts 3.59 Billion Yuan Net Profit in H1 2026, up 35% YoY

Lujiazui Posts 3.59 Billion Yuan Net Profit in H1 2026, up 35% YoY

Ai Beige 6 August 2026

A Star Performer in Financial Services Shanghai Lujiazui Financial Zone Development (Group) Co., Ltd. reported a net profit of 3.59 billion yuan for H1 2026, a 35% year-on-year increase, driven by robust fee income from financial services, rising asset