Finance

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

Panda Bond Issuance Exceeds 190 Billion Yuan as Offshore RMB Demand Surges

Panda Bond Issuance Exceeds 190 Billion Yuan as Offshore RMB Demand Surges

Ai Beige 5 August 2026

Panda bond issuance in China surpassed 190 billion yuan in 2026 as of July 30, according to data compiled by Enterprise Early Warning, underscoring surging demand from overseas entities for RMB-denominated financing. Rapid Market Expansion Panda bonds, which are yuan-denominated

Baolong Industrial Plans to Restructure 2.05 Billion Yuan of Medium-Term Notes

Baolong Industrial Plans to Restructure 2.05 Billion Yuan of Medium-Term Notes

Ai Beige 5 August 2026

Baolong Industrial, the real estate arm of Shanghai-based developer Baolong Group, is proposing a restructuring of three medium-term notes totaling approximately 2.0475 billion yuan, according to a convenor announcement dated August 3. Restructuring Proposal Under the plan, principal repayment