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Consumer

Huabao takes big write-offs, falling into the red

Gasping Huabao’s profits go up in smoke

The vaping device and component maker warned it will report a pre-tax loss of up to 455 million yuan last year after taking up to 1 billion yuan in one-time…

Healthcare/biotech

Illustration of a drug lab

A Drug Company’s Forced Sales, and a Family Feud in Shanghai

A family of biotech contracting companies in Wuxi has begun selling offshore assets under pressure from Western governments worried about national security. And a family feud in Shanghai has left a $1 billion luxury villa complex in limbo.

Finance

Ecommerce

Let Sun Taoyong tell you if Weimob is a good stock to pursue

Weimob gets early Christmas ‘gift’ from WeChat

The provider of services to e-commerce merchants on WeChat is expected to benefit from the platform’s new ‘Send Gifts’ program Key Takeaways: Weimob’s share price doubled in four days last…

Infrastructure/Resources

ACM Research posts strong revenue growth

ACM Research straddles growing U.S.-China microchip divide

The California-based manufacturer of chipmaking equipment is growing quickly on demand from China, even as its strong Chinese ties become increasingly tricky Key Takeaways: ACM Research, a U.S.-based chip equipment…