China Biz Buzz tells the story of business in China as it's being rewritten. From harbors to high-rises, new ideas are redefining markets. We follow the innovators and builders whose work crosses borders, reshapes industries, and sets new terms for the future. Each in-depth report offers a window into the China-driven forces remaking the modern world.
Daily Buzz
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Global alerts to governments, businesses and organizations around the world were issued after serious cybersecurity flaws were revealed in a computer language used in about 70 percent of worldwide internet websites.
Top Business
China Telecom reported a 14.7 percent year-on-year decline in third-quarter net profit to 6.62 billion yuan (US$1 billion), while revenue fell 3 percent to 121 billion yuan. For the first nine months of 2026, net profit dropped 14.8 percent to 26.2 billion yuan, and revenue declined 3.
Economy & Markets
China's benchmark CSI 300 index, which tracks stocks on the Shanghai and Shenzhen stock exchanges, slipped into bear-market territory on Thursday, falling 20 percent from its June peak, as a prolonged equity selloff continues. The index dropped 1.
Corporate
China Tower, a major telecommunications infrastructure provider listed in Hong Kong, said third-quarter profit rose 13 percent to 3.3 billion yuan (US$498 million) despite a 5.7 percent drop in revenue to 23.3 billion yuan. The profit figure came in slightly lower than market forecasts.
