Chinese tech giant Huawei's revenue reached 301.6 billion yuan ($44.7 billion) in the first half of 2022, with a net profit margin of 5 percent, according to the company's semiannual report released on Friday.

根据中国科技巨头华为周五发布的半年报，该公司2022年上半年的收入达到3016亿元人民币（447亿美元），净利润率为5%。

China International Capital Corporation (CICC) commented the semiannual growth is beyond expectation and projected the market occupancy rate of SF Express would reach 12 percent in 2025, equivalent to 18 billion parcels.

Northeast Pharmaceutical (NEPHARM) said in its semiannual report that its revenue rose 9.65 percent year-on-year to 4.11 billion yuan ($582 million) while indicating that mixed-ownership reforms are contributing to the revival of the State-owned enterprise.

Net income attributed to shareholders was 2.14 billion yuan, according to the company's semiannual report.

The semiannual fair is considered a major gauge of China's foreign trade.

The semiannual report predicts that the expansion of GDP is set to slow in all major economies and regions, except China.

For example, growth in the United States is set to fall to 0.5 percent in 2023, which will be 1.9 percentage points below previous forecasts and the weakest performance outside of official recessions since 1970, the World Bank said in the semiannual report.

"The global recovery is set to decelerate markedly amid continued COVID-19 flare-ups, diminished policy support, and lingering supply bottlenecks," the semiannual report noted.

Enterprises may choose to benefit from the tax incentive on a semiannual basis, allowing R&D spending in the first half of the year to be deducted during the prepayment of corporate income tax in October, rather than during its settlement in the next year.

Bloomage Biotech, a leading producer and supplier of hyaluronic acid, said in its semiannual report it has launched several functional skincare brands that target consumer groups of different ages or genders.

The semiannual financial report from Chinese heavy machinery firm Sany Group showed that in the first half of this year, the company's excavator sales increased by 17.22 percent on a yearly basis to 18.6 billion yuan ($2.7 billion).

The country also sees cross-border e-commerce as a bright ray of hope amid gloomy global trade, the State Council, China's Cabinet, announced plans earlier this month to establish new pilot zones for cross-border e-commerce, support the processing trade and host an online version of the 127th China Import and Export Fair, or the Canton Fair - the country's signature semiannual export-promotion event, to minimize the pandemic's impact on global trade.

The State Council, China's Cabinet, announced plans earlier this month to establish new pilot zones for cross-border e-commerce, support the processing trade and host an online version of the Canton Fair－the country's signature semiannual export-promotion event－amid attempts to mitigate the pandemic's impact on global trade.

According to their recently released semiannual reports, Petro-China Co Ltd and CNOOC Ltd posted rises in first-half earnings, while that for China Petrochemical Corp (Sinopec) was 24 percent down year-on-year.

- China's leading artificial intelligence (AI) and speech technology company iFLYTEK Co Ltd posted strong revenue growth in the first half (H1) of 2022, according to the company's semiannual report released on Monday.

That is because the company may not only use its own cash to buy A-share ETFs — it had about 29.7 billion yuan ($4.06 billion) by the middle of the year, according to its semiannual report — but may access the funding provided by potential special treasuries issued by the central government and dividends of its own financial subsidiaries.

Nearly 400 A-share listed companies have disclosed their semiannual reports for the first half of 2021 as of 7 pm on Aug 10, with 80 percent of them posting growth for net profits attributable to owners of the parent company, and 142 companies seeing profits double on a yearly basis.

The chemical raw materials and chemical manufacturing industry, according to the disclosed semiannual reports, has performed better than other industries, with 20 companies posting net profit growth of more than 100 percent.

Twenty-nine companies in the software and information technology service industry have disclosed their semiannual reports, revealing that 21 of the companies were profitable and eight have seen net profits increase by more than 100 percent year-on-year.

For the companies that disclosed semiannual reports, enterprises in fields of electronic manufacturing, high- and low-voltage equipment, power supply equipment and home appliances have all maintained good growth momentum, the report said.

In its semiannual Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States, the Treasury Department concluded that Vietnam, Switzerland and Taiwan met all three criteria for enhanced currency analysis under the Trade Facilitation and Trade Enforcement Act of 2015 during the four quarters through December 2020.

The MSCI is scheduled to rebalance the index on a semiannual basis.

The index launch came on the heels of MSCI's announcement last week that eligible STAR Market shares, which are accessible via the Shanghai-Hong Kong stock connect program, should be included in the MSCI China indexes during its semiannual review in May.

British stock market index provider FTSE Russell will unveil its semiannual index review results on Feb 19.

Another major financial service provider MSCI said it will conduct its semiannual review in May by which time eligible STAR Market shares, which are accessible via the Shanghai-Hong Kong stock connect program, will be included in the MSCI China indexes.

Confirmation of the inclusion date is subject to FTSE Russell's semiannual review to be held in March 2021.

"The deal was preceded by other indications of an easing in US-China economic relations, including the removal of China's currency manipulator tag by the US Treasury Department and reports that semiannual economic discussions between the two countries would be revived," said Brian Coulton, chief economist of Fitch Ratings, a global credit ratings agency.

China does not meet those three criteria, and the US said on May 28 that the country was not a currency manipulator in its semiannual currency report.

"In August, rising expectations over marginally easier liquidity conditions and targeted policy stabilization efforts may support A shares "effectively", Wang said, adding that a structural uptrend of listings that report robust or improving semiannual financial performances is more likely than a broad rise in share prices.

No evidence was found to show Chinese monetary authority intervention in foreign exchange markets over the past several months, according to the US Treasury's semiannual foreign-exchange report to Congress.

MSCI Inc, a provider of global stock benchmark indexes, said on Tuesday that it will announce the results of its 2019 semiannual index review by Monday, which is set to increase the index inclusion factor of all China large-cap A shares in the MSCI Indexes from 5 percent to 10 percent and add large-cap ChiNext shares with a 10 percent inclusion factor.

[Photo/Xinhua]In a semiannual report to the US Congress published late Friday, the Treasury Department declared that no major trading partner of the US, including China, was manipulating its currency.