AsiaInfo reboots with founder’s return, big investor’s departure
The telecoms software company and its A-share listed affiliate will merge into a single company with close to 10 billion yuan in revenue Key Takeaways: Early internet entrepreneur Edward Tian…
1675.HK
688225.SHG
A supermarket David defeats Goliath in small-town China, outracing the times
With only a dozen stores in the Central city of Xuchang, Pang Donglai has become a modern legend for standing up to a flood of hypermarkets and online grocers Key…
Uxin finds new friend on difficult road to profitability
The used car superstore operator will receive $15 million in new funding from shared ride company Dida, equal to more than four times its cash reserves at the end of…
UXIN.US
Hisense Home Appliance switches on overseas growth engine
The home appliance maker’s ‘China first doesn’t mean the world is second’ campaign at the UEFA European Soccer Championship triggered discussion at home and abroad Key Takeaways: Hisense Home Appliance’s…
0921.HK
Is DouYu swimming towards being acquired?
The livestreamer’s business continued to deteriorate in the second quarter, as it remained without long-term leadership after the arrest of its chairman and CEO last year Key Takeaways: DouYu’s revenue…
DOYU.US
GigaCloud’s business shines, but investors still rain on its parade
The B2B e-commerce company unveiled a $46 million share repurchase program in its latest move to revive its flagging share price Key Takeaways: GigaCloud’s revenue doubled in the second quarter…
GCT.US
FAST NEWS
Discover hidden China stock gems in our weekly newsletter
IPO
Chifeng Jilong hitches a ride on market gold rush
Spurred on by a soaring gold price, the Chinese mining company has filed for a Hong Kong share listing to raise money to expand and upgrade production Key Takeaways: Chifeng…
Octillion Energy banks on India to power new IPO bid
The EV battery system maker has made significant inroads into India this year, which reportedly include new orders from domestic giant Tata Motors Key Takeaways: Octillion Energy has filed for…
Jihong schmoozes IPO investors with cross-border social e-commerce story
The Shenzhen-listed company has filed for a second listing in Hong Kong, even as it reports significant declines in both its revenue and profits Key Takeaways: Jihong Technology's revenue fell…
Huachen hopes investors pull into its smart parking dreams
The automated parking garage builder, which has filed for a U.S. IPO, needs to convince the market that China’s economic slowdown is just temporary Huachen has filed for a $25…
New Energy
PODCAST: Solar Red Ink, and a ‘Blind Box’ Crackdown
A growing number of Chinese solar panel makers are falling into the red due to huge overcapacity and resulting price wars. What's needed to bring the industry back to health? And the Xinhua news agency warns against the addictive nature of 'blind box' collectible toys. Does this signal a new government crackdown ahead?
iMotion stuck with low margins as future hinges on self-developed systems
The autonomous driving company’s revenue grew significantly in the first half of the year, while its gross margins remain meager Key Takeaways: iMotion generated 640 million yuan in revenue in…
1274.HK
Growing Ecarx tries, but struggles, to drive away from Geely
The smart car technology company posted solid quarterly revenue growth, but dependence on its controlling shareholder continues to pose a key risk for the company Key Takeaways: Ecarx’s revenue grew…
ECX.US
PREMIUM CONTENT
Consumer
Uxin finds new friend on difficult road to profitability
The used car superstore operator will receive $15 million in new funding from shared ride company Dida, equal to more than four times its cash reserves at the end of…
UXIN.US
A supermarket David defeats Goliath in small-town China, outracing the times
With only a dozen stores in the Central city of Xuchang, Pang Donglai has become a modern legend for standing up to a flood of hypermarkets and online grocers Key…
Hisense Home Appliance switches on overseas growth engine
The home appliance maker’s ‘China first doesn’t mean the world is second’ campaign at the UEFA European Soccer Championship triggered discussion at home and abroad Key Takeaways: Hisense Home Appliance’s…
0921.HK
PODCAST: China’s Homegrown Jet Advances, and a Growing Market for Adult Diapers
Commercial plane maker Comac has delivered its first C919 jets to China Southern and Air China. When will foreign airlines start to consider buying these challengers to Boeing and Airbus? And sanitary products maker Hengan sees a big future in adult disposable diapers as China's population ages. But will consumers really consider such a product?
1044.HK
Can Haidilao learn from a busboy-turned-bubble tea magnate?
The regrouping former hotpot highflyer has named a 30-year-old premium tea sensation to its board, after reporting its profit fell in the first half of the year Key Takeaways: Haidilao…
6862.HK
Healthcare/biotech
Junshi narrows its losses but delivers no cure for share price woes
The drug maker boosted sales of its core anti-cancer product in the first half of the year and reined in its research budget under a reform-minded CEO, but revenue momentum…
1877.HK
688180.SHG
Innovent Bio hopes for plus-sized profits from obesity drug
The biopharmaceutical company reported a surge in half-year revenues but logged a bigger net loss, as investors look ahead to the launch of its new weight-loss drug Key Takeaways: Sales…
1801.HK
Novel drugs lift Sino Biopharm earnings, easing price-cap pain
The pharmaceutical company posted an 11% rise in half-year revenue, helped by growing income from innovative medicines, as it pivots away from the generic drug business Key Takeaways: Revenue from…
1177.HK
Jiuyuan Gene seeks IPO cash for bet on weight-loss drugs
The developer of treatments for cancer and bone fractures is branching out into the weight-loss market, but faces strong competition there Key Takeaways: At present, Jiuyuan Gene relies heavily on…
Finance
JD.com eyes tricky consumer finance business with pending acquisition
The e-commerce giant is reportedly close to buying Home Credit, but owing such a consumer finance company could create some headaches in the current business climate Key Takeaways: JD.com is…
JD.US
9618.HK
China Renaissance reborn without rainmaking founder Bao Fan
The privately owned investment bank’s shares lost two-thirds of their value when trading resumed after a suspension of more than a year Key Takeaways: China Renaissance shares plunged 66% in…
1911.HK
Waterdrop stalls in second quarter, but reaffirms annual growth forecast
The online insurance broker’s revenue fell slightly in the latest three-month period, as its core insurance business fell by 4% Key Takeaways: Waterdrop’s revenue fell 0.4% in the second quarter,…
WDH.US
Yiren finds big returns in small-loan focus, even as headwinds swirl
The online loan facilitator’s revenue from its main financial services business jumped 46% in the second quarter, as it also sharply raised its bad-loan provisions Key Takeaways: Small revolving loans,…
YRD.US
Ecommerce
GigaCloud’s business shines, but investors still rain on its parade
The B2B e-commerce company unveiled a $46 million share repurchase program in its latest move to revive its flagging share price Key Takeaways: GigaCloud’s revenue doubled in the second quarter…
GCT.US
JD.com eyes tricky consumer finance business with pending acquisition
The e-commerce giant is reportedly close to buying Home Credit, but owing such a consumer finance company could create some headaches in the current business climate Key Takeaways: JD.com is…
JD.US
9618.HK
Jihong schmoozes IPO investors with cross-border social e-commerce story
The Shenzhen-listed company has filed for a second listing in Hong Kong, even as it reports significant declines in both its revenue and profits Key Takeaways: Jihong Technology's revenue fell…
Resurging Walmart, shaky JD.com go their separate ways in China
The U.S. retailing giant sold its stake in the Chinese e-commerce major to focus on its own China operations, ending an eight-year marriage Key Takeaways: Walmart has sold its stake…
JD.US
9618.HK
Infrastructure/Resources
AsiaInfo reboots with founder’s return, big investor’s departure
The telecoms software company and its A-share listed affiliate will merge into a single company with close to 10 billion yuan in revenue Key Takeaways: Early internet entrepreneur Edward Tian…
1675.HK
688225.SHG
PODCAST: China’s Homegrown Jet Advances, and a Growing Market for Adult Diapers
Commercial plane maker Comac has delivered its first C919 jets to China Southern and Air China. When will foreign airlines start to consider buying these challengers to Boeing and Airbus? And sanitary products maker Hengan sees a big future in adult disposable diapers as China's population ages. But will consumers really consider such a product?
1044.HK
Chifeng Jilong hitches a ride on market gold rush
Spurred on by a soaring gold price, the Chinese mining company has filed for a Hong Kong share listing to raise money to expand and upgrade production Key Takeaways: Chifeng…
Kanzhun works investors into selling frenzy with talk of ‘challenging times’
The leading digital recruitment company’s second-quarter revenue came in at the bottom end of its earlier guidance, as its founder asked investors for ‘confidence’ Key Takeaways: Shares of Kanzhun fell…
BZ.US
2076.HK
Expert Corner
Li Auto looks good as large SUV market leader
LI.US
2015.HK
Has China’s real estate market turned a corner?
0688.HK
1109.HK