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SMIC reports Q4 profit down 38% YoY to $107.6M, below $193.5 est., revenue up 32% YoY to $2.2B, above $2.18B est., and $7.33B capex in 2024, vs. $4.5B in 2021 (Reuters)

Reuters : SMIC reports Q4 profit down 38% YoY to $107.6M, below $193.5 est., revenue up 32% YoY to $2.2B, above $2.18B est., and $7.33B c...

10 February 2025

Sources: Shein asked some top apparel suppliers in China to set up new production lines in Vietnam, with incentives like higher procurement prices of up to 30% (Bloomberg)

Bloomberg:
Sources: Shein asked some top apparel suppliers in China to set up new production lines in Vietnam, with incentives like higher procurement prices of up to 30%  —  - It's offering higher procurement prices and guaranteed orders  — Fast fashion giant racing to mitigate impact of Trump tariffs

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