With the broader property sector facing a funding crunch after a regulatory crackdown on excessive borrowing and land buying, the Hurun Report said it was the first time since it began compiling the report in 1999 that a real estate developer was not in the top ten.

Zhang "is a likely candidate to become the next Number One in China, especially if he gets to list ByteDance", according to Rupert Hoogewerf, Hurun Report´s chairman. (Reporting by Eduardo Baptista Editing by Jane Wardell)

Baidu, China's biggest search engine operator, second grade math online is expected to report that quarterly profit plunged 80%, hurt by a slump in advertising revenue from tutoring centres that have been barred from offering private, for-profit tutoring on the school curriculum.

China last year launched a multi-pronged regulatory and unprecedented crackdown on a broad range of industries, leaving startups and decades-old firms alike operating in a new, uncertain environment as part of Xi's "common prosperity" drive.

"The property sector is seen as a key driver for economic growth, because it leads to investment, it leads to purchase of houses, it leads to property development, but it also carries a lot of demand for other sectors like commodities," he said.

E-commerce powerhouse Alibaba, which became China's first regulatory target late last year, is expected to post a 12% decline in profit in the quarter.

Revenue will likely rise 32%, the slowest in a year.

"It's important that borrowers do something now rather than wait until they are desperate, as the options they have now may dry up if they delay action until their situation is dire," Mr Mickenbecker said.

The mammoth property sector, on the other hand, has seen easing of some rules since the beginning of this year, paving the way for debt-laden developers to find their feet after having come close to the brink of collapse.

imports website of Hoshine's materials, citing allegations of forced labour of Uyghurs and other Muslim minority groups in China's Xinjiang region. In response to the action, China said it would take "all necessary measures" to protect its' companies rights and interests.

Global investors who were burned by numerous crackdowns last year will be looking for signs of clear regulatory divergence at China's rubber-stamp parliament annual meeting starting on Saturday, when policymakers are expected to unveil more stimulus to ease slowing economic growth.

While Jim Chalmers said it was too early to tell how much damage the floods would do to the federal budget and the economy more broadly, he said the disaster would be factored into the budget's inflation projections.

'I know that there were a number of young people and residents inside the address before the fire happened and our enquiries are ongoing to identify everyone who was there, not least of all to ensure that everyone is okay.

Beijing has reasserted control over its once-freewheeling internet sector, mansfield tx to arlington tx punishing well-known names for engaging in what were previously considered regular market practices and drafting new rules to change how they compete and engage users.

Tencent Holdings Ltd - the country's largest firm by market value and its first big tech name to report earnings on Wednesday - is expected to post a 12% fall in quarterly profit, its first drop in two years, according to Refinitiv data.

"A smaller increase than that agreed at preceding meetings was warranted given that the cash rate had been increased substantially in a short period of time and the full effect of that increase lay ahead," the minutes said.

"The risk remains for another hike in February and we are mindful of the ongoing shifting into firmly restrictive territory and outsized rate hikes by much of the global central banking community," they said.

Also falling down the list of the country's 100 wealthiest people amid regulatory scrutiny was China Evergrande Group founder Hui Ka Yan, who lost around 70% of his net worth to be left with around $11.3 billion.

Still, with a recent slowdown in the pace of new regulatory missives that has stoked market optimism, investors will watch closely for clues on whether the worst is over and executives are likely be quizzed on their expectations on conference calls.

SHANGHAI, Nov 8 (Reuters) - China's biggest listed companies Tencent and Alibaba are expected to report a fall in profits and slowing revenue growth in the July-September quarter, hurt by the year-long regulatory crackdown that has upended its tech industry.

As part of that move, analysts expect the embattled property sector, accounting for a quarter of the economy, to get more regulatory support, while internet firms will remain a crackdown target due to what Beijing says is disorderly capital expansion.

She stated: 'We took the water bus everywhere and ran through the alleys, making out like a couple of doofuses in lurve who never would have thought we'd be back with babies of our own! well john probably knew.'