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…
Move over, burger joints. Yuen Kee dishes up China-flavored fast-food IPO
The country’s largest dumpling chain has filed to list in Hong Kong, though it could face a tepid reception due to lack of investor interest in consumer companies Key Takeaways:…
BRIEF: Voicecomm raises $40 million via share placement at 20% discount
IT solutions provider Voicecomm Technology Co. Ltd. (2495.HK) said on Monday it raised HK$311.1 million ($40 million) through the placement of 6.73 million new shares at HK$46.30 each, representing a…
BRIEF: GigaDevice springs in Hong Kong trading debut
Shares of integrated circuit (IC) designer GigaDevice Semiconductor Inc. (0501.HK) opened up 45% at HK$235 in their Hong Kong trading debut on Tuesday, and held on to most of the gains…
BRIEF: APAC Resources returns to the black
Resources and commodities investor and trader APAC Resources Ltd. (1104.HK) said on Monday it returned to the black in final six months of last year, boosted by a return to…
BRIEF: Fresh food model lifts Jiumaojiu’s Tai Er back to same-store sales growth
Jiumaojiu International Holdings Ltd. (9922.HK) said average daily sales at its flagship Tai Er restaurant chain fell 3% year-on-year in the fourth quarter, narrowing from a 9.3% decline the previous…
After winning global EV crown, BYD faces new challenge with profitability test
China’s EV giant overtook Tesla in unit sales last year, but margin pressure, overseas risks and a controversial financing model raise questions on whether it can still deliver shareholder value…
BRIEF: OmniVision shares rise 15% through midday in trading debut
Shares of chip designer OmniVision Integrated Circuits Group Inc. (0501.HK) opened up 3% at HK$108 in their Hong Kong trading debut on Monday, and rose steadily to close up 15%…
