Xunlei rediscovers its ‘thunder’ with return to video roots
The provider of cloud and video services’ revenue rose 30.6% in the third quarter, boosted by an 86% rise for its livestreaming services Key Takeaways: Xunlei’s stock is up more…
XNET.US
Joyson Electronic enters robotic race in bid to soup up its IPO
The veteran maker of automotive air bags, which boasts over 100 clients, has filed to list on the Hong Kong Stock Exchange Key Takeaways： Joyson Electronic has filed to list…
Creality builds up three-dimensional IPO with low-cost 3D printer story
The company has filed to list in Hong Kong, helping to build a mass market for 3D printers costing as little as $199 each Key Takeaways: Hong Kong IPO candidate…
The secret sauce behind Tingyi's rising profits: Price hikes
The instant noodle and beverage maker’s profit rose 21% in the first half of the year after the company raised its prices, resulting in a slight dip in its revenue…
0322.HK
XtalPi scores landmark deal for AI drug discovery
The biotech has partnered with U.S. firm DoveTree in a collaboration worth up to $5.99 billion, adding to a slew of major deals for Chinese research firms this year Key…
2228.HK
Profit squeeze pressures dental implant industry to transform
China’s centralized bulk procurement policy has driven dental implant prices down by half, easing costs for patients but shaking the profit model of dental providers By Lead Leo Research…
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IPO 
Creality builds up three-dimensional IPO with low-cost 3D printer story
The company has filed to list in Hong Kong, helping to build a mass market for 3D printers costing as little as $199 each Key Takeaways: Hong Kong IPO candidate…
Ab&B fortifies for battle over China’s vaccine market
With proceeds from a Hong Kong IPO, the loss-making biotech is bidding for a piece of China’s fiercely competitive market for flu and human rabies vaccines Key Takeaways: The company’s…
In EV battery race, Sunwoda boasts edge with profitable consumer business
The company has filed for a Hong Kong IPO, seeking new funds to support development of its EV battery business Key Takeaways: Sunwoda is seeking funds from a Hong Kong…
IPO applicant Lemo faces cash squeeze and credibility questions
The operator of massage chairs in public spaces is making a renewed pitch to investors amid a lingering controversy about its business data Key Takeaways: The firm deploys massage chairs…
New Energy 
Refire strings along investors with hydrogen hype
The maker of hydrogen fuel cell systems reported its revenue continued to contract in the first half of 2025, though at a lower rate than last year Key Takeaways: Shanghai…
In EV battery race, Sunwoda boasts edge with profitable consumer business
The company has filed for a Hong Kong IPO, seeking new funds to support development of its EV battery business Key Takeaways: Sunwoda is seeking funds from a Hong Kong…
Zhida seeks to recharge its finances with another IPO bid
The maker of charging techology for electric vehicles risks running out of juice to manage its cash flow and fund its international expansion plans Key Takeaways: The company managed to…
Consumer 
Joyson Electronic enters robotic race in bid to soup up its IPO
The veteran maker of automotive air bags, which boasts over 100 clients, has filed to list on the Hong Kong Stock Exchange Key Takeaways： Joyson Electronic has filed to list…
Creality builds up three-dimensional IPO with low-cost 3D printer story
The company has filed to list in Hong Kong, helping to build a mass market for 3D printers costing as little as $199 each Key Takeaways: Hong Kong IPO candidate…
The secret sauce behind Tingyi’s rising profits: Price hikes
The instant noodle and beverage maker’s profit rose 21% in the first half of the year after the company raised its prices, resulting in a slight dip in its revenue…
Slowing economy haunts undertaker Fu Shou Yuan
China’s top funeral services provider fell into the red in the first half of this year, extending a year of revenue and profit declines in 2024 Key Takeaways: Fu Shou…
JD.com flees China’s brutal retail wars for Europe, as Beijing fails to tame price-cutting at home
JD.com has purchased brick-and-mortar retail chains in Germany and Hong Kong. Why is the company taking this route instead of sticking to e-commerce? And car trader Autohome has reported a fourth consecutive quarter of revenue contraction, as its ad revenue plunged. When will price wars hobbling China's oversaturated car market finally end?
Healthcare/biotech 
XtalPi scores landmark deal for AI drug discovery
The biotech has partnered with U.S. firm DoveTree in a collaboration worth up to $5.99 billion, adding to a slew of major deals for Chinese research firms this year Key…
From ‘magic tea’ to dietary drugs, can Besunyen reclaim its glory days？
Once a household name known for its ‘slimming tea,’ the company is looking for a new formula in dietary drugs after years of losses and asset sales Key Takeaways: Besunyen…
Falling global birth rates drag Jinxin into the red
The fertility services provider lost up to 1 billion yuan in the first half of this year after taking large impairment charges on its U.S. and Laotian operations Key Takeaways:…
Will new investor Goldstream bring its Midas touch to Saint Bella?
The investment company disclosed its purchase of 0.3% of the maternity and baby care company’s stock on the open market Key Takeaways: Goldstream Investment acquired 1.83 million Saint Bella shares,…
Finance 
Will new investor Goldstream bring its Midas touch to Saint Bella?
The investment company disclosed its purchase of 0.3% of the maternity and baby care company’s stock on the open market Key Takeaways: Goldstream Investment acquired 1.83 million Saint Bella shares,…
Huishang Bank’s double-speak: Talking up profits, while highlighting challenges
The regional lender’s net profit increased 3.8% in the first half of 2025, far less than its asset expansion, suggesting intense margin pressure Key Takeaways: Huishang Bank’s total assets increased…
China’s new investment playbook: VCs chase crypto as a travel upstart eyes New York
Chinese venture capital firms are embracing cryptocurrencies. And up-and-coming online travel agent Klook is eying a major New York IPO.
Lufax deepens Ping An reliance, as it works towards trading resumption
The online loan facilitator has signed a flurry of agreements strengthening its ties to its parent, Ping An Group, as it works towards reinstatement of trading for its Hong Kong…
Ecommerce 
Is GigaCloud the latest ‘China Easter Egg’ on Wall Street?
The B2B e-commerce site’s stock jumped 30% after the release of its latest earnings report, which was filled with signs of turbulence from the U.S.-China trade war Key Takeaways: GigaCloud…
Autohome deflated by plunging ad sales, car price wars
The car-trading services provider reported a fourth consecutive quarter of revenue decline in the second quarter, as its gross margin plunged more than 10 percentage points Key Takeaways: Autohome’s revenue…
Yimutian cultivates investors for China’s new agricultural revolution
The agricultural B2B marketplace operator has filed for a Nasdaq IPO, reporting its revenue declined last year as it engages in aggressive cost-cutting Key Takeaways: Yimutian has filed for a…
Yangtuo bets on small-town moms despite declining birth rates
The infant products e-commerce platform has filed for a Hong Kong IPO, hoping investors will buy into its transformation story after its revenue flatlined last year Key Takeaways: Yangtuo’s infant…
AI/Infrastructure/Resources 
Yeahka targets Japan in push for international payments business
The Chinese payment services firm has been authorized to handle credit card and QR transactions in Japan, but can it crack the notoriously tricky market? Key Takeaways: The company has…
Full Truck Alliance gets new lesson in economics
The trucking company warned that a planned rate hike for its freight brokerage services could lead to a significant decline in that business, which could ‘adversely affect’ its profits Key…
From Delhi risks to a domestic dairy bust
Some Chinese companies are navigating geopolitical headwinds that are pushing them out of India, and others are adapting to a maturing domestic consumer market where even staples like infant formula…
Pony AI pulls ahead of WeRide in China robotaxi race
Both companies notched an important new advance last week when Shanghai unveiled a major expansion to its robotaxi program Key Takeaways: Pony AI, WeRide and Baidu were among groups awarded…
