AiHuiShou’s Q2 Revenue Rises 56%, Fueled by Growing Electronics Recycling Network
Company releases first ESG report alongside its maiden earnings, aiming to spotlight its role in achieving China’s carbon-reduction goals Key points: AiHuiShou posts 56% revenue growth in its latest reporting…
BRIEF: U.K. probes Yutong electric buses for remote shut down capabilities
The U.K. government is investigating whether hundreds of Chinese-made electric buses could be remotely deactivated, highlighting Britain’s growing concerns over “made in China” high-tech products. According to the Financial Times,…
U.S. listings by Chinese firms face mounting challenges on both sides of Pacific
While new Nasdaq rules threaten to derail many smaller U.S. listings by Chinese companies, China’s securities regulator is also stepping up its scrutiny of such listings Key Takeaways: China’s securities…
BRIEF: Softcare jumps in trading debut in heavily oversubscribed IPO
Shares of leading African diaper seller Softcare Ltd. (2698.HK) opened 33.5% higher in their Hong Kong trading debut on Monday, and retained most of the gains to close up 31.5% at…
Fenbi takes defensive action after steep share slide
The provider of exam preparation services is making a series of share buybacks in a bid to bolster confidence, as its business faces mounting competitive pressure Key Takeaways: The company…
BRIEF: Shein opens first Paris store as it faces online ban in France
Fast-fashion giant Shein opened its first physical store in Paris, located inside the BHV Marais department store, on Nov. 5 — the same day its website was threatened with suspension…
BRIEF: Sichuan Biokin launches Hong Kong IPO, eyes Stock Connect program entry
Biopharmaceutical company Sichuan Biokin Pharmaceutical (2615.HK; 688506.SH) launched its Hong Kong IPO on Friday, aiming to raise up to HK$3.36 billion ($432 million) by selling 8.63 million shares for between…
Zepp hits its stride with return to revenue growth
The maker of low-end wearable devices reported its revenue rose 78.5% in the third quarter, but forecast the rate would ease to about 40% in the current quarter Key Takeaways:…
