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: Butong passes listing hearing, targets IPO launch by month’s end
Premium nursery products maker Butong Group passed its listing hearing with the Hong Kong Stock Exchange on Thursday, paving the way for it to launch its IPO by the end…
BRIEF: Anta to open 1,000 Southeast Asia stores in next three years
Sportswear maker Anta Sports Products Ltd. (2020.HK) said on Thursday that it plans to open 1,000 stores in Southeast Asia over the next three years, as it expands beyond its…
Hello Group takes ‘Cyrano approach’ in bid to rekindle China’s dating interest
The leading dating app has launched an AI-backed function that advises people on what to say to prospective dates, as it tries to return to revenue growth after five years…
Senasic seeks fast start as automotive sensor market takes off
With a Hong Kong listing, the maker of chips to check tire pressure and battery life wants to capitalize on China’s tightening safety standards for electric cars Key Takeaways: About…
BRIEF: Bain sells China data center operation to domestic buyer for $4 billion
Bain Capital said on Wednesday it has agreed to sell its China data center operation to a Chinese consortium led by Shenzhen Dongyangguang Industry for $4 billion, representing the largest…
INDUSTRY BRIEF: Trump eyes curbs on Chinese drugs, drawing industry pushback
The administration of U.S. President Donald Trump is weighing restrictions on the import of drugs and experimental therapies from China, a move that could disrupt the U.S. pharmaceutical industry and…
Linklogis deepens its blockchain bet to make supply chain finance great again
The provider of digital supply chain financing services will use XRP Ledger to settle digital transactions as it continues to reel from China’s long-running real estate slump Key Takeaways: Linklogis…
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