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Bharat Heavy 2Q EBITDA 12.86GB rupees, +69% y/y

Bharat Heavy Electricals Ltd (BHEL) reported an EBITDA of 12.86 billion rupees for the second quarter of the 2023-24 fiscal year, reflecting a year-over-year increase of 69 percent. This growth in EBITDA contrasts with the company’s consolidated net loss of Rs 238.12 crore for the same period,…

AInvest Wire · 5h ago

China announces mortgage interest subsidies for homebuyers from Oct. 1; BEKE rises over 4% premarket

China has introduced a new policy to provide mortgage interest subsidies for homebuyers, effective from October 1, 2026, as part of broader efforts to stimulate the housing market and support economic growth. The initiative aims to reduce the financial burden on first-time and low-income homebuyers…

AInvest Wire · Sep 29, 2026

ImportantNasdaq Golden Dragon China Index drops over 3%; Alibaba down nearly 8%, KE Holdings down nearly 7%, JD.com down 4.5%, Baidu down 4%

AInvest Wire · May 15, 2025

ImportantFangDD surges nearly 50%, KE Holdings climbs over 10% as China considers funding plan for Vanke

FangDD surges nearly 50%, KE Holdings climbs over 10% as China considers funding plan for Vanke The Chinese real estate sector is experiencing a surge in activity following China's announcement of a potential funding plan for Vanke, the country's largest property developer [1]. Two notable…

AInvest Wire · Feb 12, 2025

ImportantBEKE, FDD shares rally in premarket after China's home sale tax cut

BEKE, FDD shares rally in premarket after China's home sale tax cut BEKE and PDD, two Chinese ADRs listed on the Nasdaq and NYSE, respectively, experienced remarkable gains in the premarket hours on Monday [1]. This sudden surge in their stock prices followed the announcement of a home sale tax cut…

AInvest Wire · Nov 13, 2024

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