q3 china news - Search News

China, Mercedes-Benz

EconoTimes · 13m

Mercedes-Benz Q3 Car Earnings Plunge 64% Amid China’s Luxury Market Slowdown

Mercedes-Benz saw its third-quarter earnings in the core car division plummet by 64%, significantly missing analysts expectations. The decline is attributed to shrinking demand for luxury vehicles in China,

Reuters on MSN · 10h

Mercedes car earnings plunge as China shuns luxury

By Andrey Sychev (Reuters) -German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64%, massively missing analysts' estimates, as Chinese consumers continued to cut back on luxury goods in a weakening economy.

DPA International on MSN · 8h

Weakness in China causes Mercedes-Benz's profits to plummet

German carmaker Mercedes-Benz has suffered a sharp drop in profits in the third quarter due to the weakness of the important Chinese market. Mercedes-Benz reported on Friday that it also expects its earnings before interest and taxes (EBIT) and revenue to decline for the full year.

Apple returns to top 5 in China smartphone market in Q3

Reuters on MSN · 2h

Apple's Q3 China smartphone sales slip while Huawei's soar

Apple's iPhone sales in China slightly slipped while rival Huawei posted a 42% surge in the third quarter of 2024, as competition intensifies in the world's largest smartphone market. Fiona Jones reports.

Fortune on MSN · 10h

Apple returned to China’s top 5 smartphone sellers last quarter—but Huawei’s growth dwarfs the competition

Huawei ranked third in China's smartphone market last quarter, according to IDC. Apple returned to the top five, in second place.

Seeking Alpha · 6h

Apple returns to top 5 in China smartphone market in Q3, but sees Y/Y dip as Huawei surges

Apple's (AAPL) reclaimed its place in the top five smartphone companies by market share in China, helped by the launch of its iPhone 16 series in Q3.

5h

China state fund's unit boosts ETF holdings by $38.3 bln in Q3, state media says

Chinese sovereign fund Central Huijin Investment's asset management unit has boosted its holdings in four exchange-traded ...

China Briefing1d

Understanding China’s Key Economy Indicators for Q3 2024

China's economy in Q3 2024 reached RMB 94,974.6 billion (US$13,004.3 billion), with the GDP growing by 4.6% year-on-year ...

2h

Artisan Global Value Fund Q3 2024 Commentary

Despite the conventional wisdom that inflation is all but vanquished, gold reached new highs, up 13% during the quarter.

3don MSN

China's Q3 economic losses from natural calamities surge

China's third-quarter economic losses due to natural disasters, from super typhoons to floods, more than doubled from the ...

9h

China Overseas Land & Investment’s Strong Q3 2024 Performance

China Overseas Land & Investment (HK:0688) has released an update. China Overseas Land & Investment Limited reported a robust ...

3h

Yum China's Expansion Continues In Slower Economy

Yum China shows strong growth potential despite weak short-term economic conditions in Q3 report, with fair valuation expectations for YUMC stock.

Automotive News1d

GM sees China red ink grow in Q3 amid extended sales slump

GM is working to restructure its struggling business in China, where its market share has fallen amid heightened competition, ...

2d

Bank of China to Present Q3 Results Online

Bank of China (HK:3988) has released an update. Bank of China is set to hold an online presentation on October 31, 2024, to discuss its ...

1d

Dow Q3 Earnings: Volume Growth Amid Market Softness, Q4 Outlook Remains Cautious

DOW Inc reported Q3 results, with sales up 1% Y/Y to $10.9B and adjusted EPS of $0.47, beating consensus. Segment performance ...

16h

Apple's Q3 China smartphone sales slip, Huawei's soar

Apple's iPhone sales in China in the third quarter of 2024 fell 0.3%, while Huawei surged 42%, data from research firm IDC ...

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