New Oriental gets new lesson from souring U.S.-China relations
China’s leading private provider of education services blamed changing international relations for a slowdown in its business catering to students planning to study abroad Key Takeaways: New Oriental’s revenue from…
9901.HK
EDU.US
Xiao Noodles serves up IPO plan to take its tangy taste global
The restaurant company wants to keep expanding its network of spicy Chongqing noodle shops, but price cuts may be eating into profits Key Takeaways: The noodle chain more than doubled…
Tongcheng beefs up its hotel management, as Wanda buys more time
China’s third-largest online travel company is buying the hotel management unit of a former highflying operator now struggling to stay one step ahead of its creditors Key Takeaways Tongcheng has…
0780.HK
0169.HK
Anti-toxin provider Jiangxi Institute joins biopharma IPO rush
The company enjoys a big share of China’s anti-tetanus market but is looking to diversify into antidotes for rabies and snake bites to drive future growth Key Takeaways: The company…
Undervalued CICC banks on Hong Kong IPO pickup
China’s largest underwriter of Hong Kong listings helped its clients to raise $3.84 billion last year, as it reportedly gets set to sponsor another blockbuster IPO by battery giant CATL…
3908.HK
601995.SHG
Webull’s charge from IPO gate looks unsustainable as China risks hover
The online stockbroker’s shares surged following a backdoor listing, but its China ties and growing economic uncertainty could be major risks Key Takeaways: Webull shares soared 375% on the second…
FAST NEWS
Discover hidden China stock gems in our weekly newsletter
IPO 
Xiao Noodles serves up IPO plan to take its tangy taste global
The restaurant company wants to keep expanding its network of spicy Chongqing noodle shops, but price cuts may be eating into profits Key Takeaways: The noodle chain more than doubled…
Anti-toxin provider Jiangxi Institute joins biopharma IPO rush
The company enjoys a big share of China’s anti-tetanus market but is looking to diversify into antidotes for rabies and snake bites to drive future growth Key Takeaways: The company…
Webull’s charge from IPO gate looks unsustainable as China risks hover
The online stockbroker’s shares surged following a backdoor listing, but its China ties and growing economic uncertainty could be major risks Key Takeaways: Webull shares soared 375% on the second…
Trade war clouds sweetener giant Newtrend’s IPO plan
With more than one-third of its revenue tied to the U.S., the company’s Hong Kong IPO could face uncertainty as tariffs and overcapacity weigh on its prospects Key Takeaways: Newtrend’s…
New Energy 
JL Mag fortified by strategic status of rare earths in U.S.-China trade war
The state-owned maker of rare earth magnets reported strong profit growth in the first quarter, reversing two years of declines Key Takeaways: As a maker of rare earth magnets that…
Apollo Future: A smart car dreamer in jeweler’s clothing?
With only two vehicles delivered in 2024, the company’s vision of transforming from a watch and jewelry seller to maker of high-tech electric cars looks dubious Key Takeaways: Apollo Future…
Microvast zooms with turbocharged margin gains
The EV battery maker reported a huge increase in its gross profit margin last year, a significant achievement that can help it stand out in a crowded field Key Takeaways:…
Consumer 
Xiao Noodles serves up IPO plan to take its tangy taste global
The restaurant company wants to keep expanding its network of spicy Chongqing noodle shops, but price cuts may be eating into profits Key Takeaways: The noodle chain more than doubled…
Delisting speculation, and a new tea listing
Speculation is growing on a potential delisting of Chinese shares from New York in the growing US-China trade war. Could such a mass delisting really happen? And a purist premium tea maker named Chagee raises $400 million in a Nasdaq IPO. What sets this company apart from its many rivals?
Trade war clouds sweetener giant Newtrend’s IPO plan
With more than one-third of its revenue tied to the U.S., the company’s Hong Kong IPO could face uncertainty as tariffs and overcapacity weigh on its prospects Key Takeaways: Newtrend’s…
Coconut water maker If seeks investor warmth in Hong Kong
China’s top coconut water seller has switched its sights for an IPO from Singapore to Hong Kong, seeking to list as an important deadline looms in 2026 Key Takeaways: Coconut…
CaoCao approaches IPO finish line with nod from China’s securities regulator
A Hong Kong listing by the Geely-backed ride hailing app was approved last week by the CSRC, a year after the company first filed for the IPO Key Takeaways: CaoCao’s…
Healthcare/biotech 
Anti-toxin provider Jiangxi Institute joins biopharma IPO rush
The company enjoys a big share of China’s anti-tetanus market but is looking to diversify into antidotes for rabies and snake bites to drive future growth Key Takeaways: The company…
WuXi group wrestles with uncertainty over pharma tariffs
Drugs services giant WuXi AppTec cashed in a stake in Wuxi XDC to soften the blow from a first round of Trump tariffs, as the pharma sector braces for another…
Neautus looks outward to boost its traditional medicine story
The maker of traditional Chinese medicines has applied for a Hong Kong IPO after abandoning two listing attempts on China’s domestic A-share market Key Takeaways: Neautus has applied to list…
Joinn Labs undermined by AI as FDA phases out animal drug testing
The outsourced clinical research services provider’s shares tumbled after the U.S. drug regulator announced a new approach to drug testing Key Takeaways: Joinn Labs’ shares fell on heavy trading as…
Finance 
Webull’s charge from IPO gate looks unsustainable as China risks hover
The online stockbroker’s shares surged following a backdoor listing, but its China ties and growing economic uncertainty could be major risks Key Takeaways: Webull shares soared 375% on the second…
Undervalued CICC banks on Hong Kong IPO pickup
China’s largest underwriter of Hong Kong listings helped its clients to raise $3.84 billion last year, as it reportedly gets set to sponsor another blockbuster IPO by battery giant CATL…
Canaan builds up bitcoin mining in quest to emerge from crypto no man’s land
The cryptocurrency mining machine maker missed a market boom last year, and is ramping up its own bitcoin production just as the sector shows signs of stumbling Key Takeaways: Canaan…
A fintech lender rebound, and a hotel mess
Fintech lenders are entering a new golden era, with Jiayin reporting 46% growth for its core consumer lending business in last year's fourth quarter and forecasting similar gains this year. What's driving this rebound? And hotelier H World is still trying to fix a German acquisition from 2019 that wiped out its profit in the fourth quarter of last year. Will the Chinese hotelier be able to turn around this money-losing offshore asset?
Ecommerce 
Growing profits, shrinking market share test ZTO’s strategy
The logistics provider’s market share fell as its parcel volume growth trailed the industry last year, signaling its profit-oriented development strategy was facing headwinds Key Takeaways: ZTO’s parcel volume increased…
Baozun returns to the black as Gap expansion accelerates
The e-commerce services and brand management company’s revenue rose 7.7% in the fourth quarter, as it announced plans to open a net 40 new Gap clothing stores in China this…
Can Kanzhun keep up its game in critical year for employment in China?
The employment app faces big opportunities, but also challenges, as more people enter the workforce and signs emerge that companies may be ramping up recruitment Key Takeaways: Kanzhun’s net profit…
After profit plunge in 2024, Maoyan spotlights strong start to 2025
The movie ticketing platform was dragged down by a 23% decline in China's box office last year, but held out hope for a stronger 2025 Key Takeaways: Maoyan said its…
AI/Infrastructure/Resources 
Is Epiworld banking on state support in a shifting wafer market?
Under pressure from falling prices, the heavily subsidized maker of advanced wafers for automotive chips is seeking an IPO boost from investors Key Takeaways: The company’s revenue fell 14.4% last…
JL Mag fortified by strategic status of rare earths in U.S.-China trade war
The state-owned maker of rare earth magnets reported strong profit growth in the first quarter, reversing two years of declines Key Takeaways: As a maker of rare earth magnets that…
Chenqi keeps racking up losses in congested China ride-hailing race
The shared economy platform bled more red ink last year, as its hyped robotaxi business fails to show any signs of breakthroughs Key Takeaways: Chenqi lost 564 million yuan in…
Lianhe Sowell launches listing into stock market storm
The machine vision company’s shares tumbled on their second trading day last Friday, as it searches for a formula to jumpstart its stalling growth Key Takeaways: Lianhe Sowell’s shares rose…
