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ByteDance founder Zhang Yiming's wealth has soared to 57.5 billion USD, making him the richest person in China.
According to media reports, ByteDance founder Zhang Yiming has become China’s richest person for the first time. On Wednesday, Zhang Yiming topped the list with a wealth of 57.5 billion US dollars, surpassing Nongfu Spring founder Zhong Shanshan and Tencent co-founder Ma Huateng. Zhong Shanshan's wealth has decreased due to the slowdown in profits from Nongfu Spring. According to the Bloomberg Billionaires Index, Zhang Yiming is currently Asia's third richest person, only behind India's Mukesh Ambani and Gautam Adani.
Nongfu Spring Reports Flat Profit, Revenue For 2024
Announcement Highlights | Kuaishou's adjusted Net income in Q4 increased by 7.8% year-on-year, and the total revenue of Keliang AI exceeded 0.1 billion yuan; CHINA TELECOM will earn 33 billion yuan in net income in 2024.
CHINA TELECOM's net income in 2024 is 33 billion yuan; WULING MOTORS' net income attributable to shareholders is expected to increase by over 115% in 2024; Kuaishou's net income in 2024 is 15.335 billion yuan, an increase of 139.76% year-on-year.
Hong Kong Stock Morning Report | US stock index closed higher while Chinese concept stocks fell, Morgan Stanley raised the target point for the Hang Seng Index.
① The results of the Saudi talks between the USA, Russia, and Ukraine have been disclosed, achieving a consensus on a ceasefire in the Black Sea. ② Consumer confidence in the USA further deteriorated in March. ③ The three main US stock indices rose on Tuesday, while China Concept Stocks declined. ④ Data shows that the US stock market is in a state of "Institutions fleeing, retail investors buying heavily." ⑤ According to sources, Trump is considering implementing a two-step tariff system on April 2. ⑥ Morgan Stanley has raised the year-end target point for the Hang Seng Index.
Nongfu Spring Announces Final Dividend for 2024
Hong Kong Stock Announcement Gold Mining | CM BANK's net profit attributable to the parent company for 2024 is approximately 148.391 billion yuan, a year-on-year increase of 1.22%.
CHINA TELECOM (00728) released its annual performance, with net profit attributable to Shareholders of 33.012 billion yuan, an increase of 8.43% year-on-year.
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