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…
FAST NEWS: U.S. investor discloses Trip.com stake
The latest: The Capital Group, a U.S. asset manager, disclosed it purchase 1.935 million American Depository Shares (ADSs) of Trip.com Group Ltd. (9961.HK; TCOM.US) for $66.29 million, raising its stake…
TCOM.US
9961.HK
Sequoia China stands tall on its own as ‘HongShan’
The venture capital firm will be led by founder Neil Shen in China, and is one of two global units being separated from its U.S. counterpart to operate independently Key…
Luyuan looks for IPO cash to scoot into Southeast Asia
Sales have been accelerating at the Chinese maker of electric motorcycles and mopeds, despite China’s pandemic lockdowns Key Takeaways: Luyuan Group has re-applied to list on the Hong Kong Stock…
FAST NEWS: Tat Hong swings to the red on project delays
The latest: Construction equipment maker Tat Hong Equipment Service Co. Ltd. (2153.HK) warned on Wednesday it expects to report a net loss of 35 million yuan ($4.9 million) to 45…
2153.HK
Burning Rock narrows losses with drug research as new driver
The cancer testing company has finally reduced the flow of red ink and is generating a growing income stream from drug research services Key Takeaways: Burning Rock's net loss…
BNR.US
Fanhua uses savvy share-based acquisitions to rekindle growth
Fresh acquisitions paid for with the insurance broker’s stock yielded revenue growth that outpaced spending in the first quarter Key Takeaways: Fanhua’s revenue grew 21% in the first quarter, while…
FANH.US
PODCAST: China’s disjointed labor market, and Elon Musk’s red carpet China treatment
China’s labor market is churning out too many white collar wannabe college grads, but not enough people to fill its blue-collar labor positions.
How can China keep more blue-collar workers and their employers in China? Or does China still need so many blue-collar workers?
And Elon Musk get audiences with China’s foreign, commerce and industry ministers, as well as a vice premier, on a whirlwind trip to Beijing and Shanghai. What is it about this billionaire entrepreneur that wins him so many China fans?
Why do Chinese people and even the government seem to love Elon Musk more than Tim Cook?
