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: Softcare’s Hong Kong IPO approved by China’s securities regulator
China’s securities regulator has formally registered the Hong Kong listing plan by Softcare Ltd., clearing a key regulatory hurdle for the IPO by the Africa-focused seller of diapers and sanitary…
BRIEF: JST jumps in Hong Kong trading debut
Shares of e-commerce software as a service (SaaS) enterprise resource planning (ERP) provider JST Group Co. Ltd. (6687.HK) opened 24.2% higher in their Hong Kong trading debut on Tuesday, and…
Beijing software pivot puts Kingsoft in focus. But can it deliver?
A government announcement on a document using the company’s word processing program stirred expectation for accelerated import substitution in software systems Key Takeaways: The Chinese government’s use of Kingsoft word…
BRIEF: CATL extends lead with 40% third-quarter profit growth
Leading lithium battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ)(CATL) reported on Monday its revenue rose 12.9% year-over-year to 104.2 billion yuan ($14.63 billion) in the third-quarter, while its…
Gold’s bull market lifts Zhaojin to more shiny earnings
The miner reported impressive profit growth in the third quarter, benefiting from U.S. dollar weakness and a 17% surge for gold in the three-month period Key Takeaways: Zhaojin Mining’s profit…
BRIEF: Alibaba, Ant Group to buy prime Hong Kong office for $925 million
E-commerce giant Alibaba Group Holding Ltd. (BABA.US; 9988.HK) and its financial affiliate, Ant Group Co. Ltd., announced they will acquire multiple floors in a prime office building in Hong Kong’s…
BRIEF: Deepexi Technology launches $90 million IPO
Enterprise AI application provider Deepexi Technology Co. Ltd. (1384.HK) launched its Hong Kong IPOon Monday, aiming to raise HK$710 million ($91.4 million) by selling 26.6 million shares for HK$26.66 each.…
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Beijing software pivot puts Kingsoft in focus. But can it deliver?
3888.HK
688111.SHG
BRIEF: CATL extends lead with 40% third-quarter profit growth
3750.HK
300750.SHE
