[Daily Announcement] The U.S. Department of Defense's "Chinese Military Companies List" includes Alibaba, Baidu, and other companies. Sands China Ltd. (1928) saw a 14.3% decline in profits last year

Tasty Money
2026.02.16 02:49
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The U.S. Department of Defense updated the "China Military Companies List," adding companies such as Alibaba and Baidu, while removing companies like Yangtze Memory Technologies. Sands China announced a net income of USD 7.44 billion last year, with profits down 14.3% to nearly USD 900 million. China Silver Group raised over USD 460 million through a placement, while Beihai Kangcheng raised nearly USD 200 million through a placement with WuXi Biologics. HK TECH VENTURE announced a 13.9% month-on-month increase in GMV for January