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…
Here Group challenges Labubu with Wakuku
The former adult education company has transformed to a pop toy maker, reporting its revenue from that business rose sharply in its latest quarter Key Takeaways: Here Group’s revenue nearly…
BRIEF: Busy Ming Hong Kong IPO gets CSRC nod
Snack shop operator Busy Ming Group Co. Ltd.’s Hong Kong IPO has been cleared by the Chinese stock regulator, as the China Securities Regulatory Commission (CSRC) posted a registration notice …
Will yet another silicon carbide IPO test investor patience?
BASiC Semiconductor is the latest IPO hopeful to emerge from China’s chip sector, but its peers have had mixed fortunes, and one has just suffered a poor market debut Key…
A Chinese EV giant’s financing reckoning, and a stockbroker’s commodities pivot
China's central bank is shutting down an IOU system used by BYD to pay its suppliers. Why is it taking this step? And revenue for a stock broker called GoFintech has soared more than 40-fold after it entered the commodities trading business. How should investors look at such a move?
INDUSTRY BRIEF: Polysilicon makers launch new joint venture to tackle oversupply
Several leading Chinese polysilicon makers have launched a new company that could help to address overcapacity plaguing the sector, Caixin reported on Wednesday. The move marks the latest step in…
New quack at life? Zhou Hei Ya seeks flight back to relevance
The chain offering snacks made from braised duck necks has opened its first store in Southeast Asia as it concurrently aims to revive its flagging China operation Key Takeaways: Zhou…
BRIEF: Sunny Optical’s vehicle lens shipments soar in November
Optical products manufacturer Sunny Optical Technology (Group) Co. Ltd. (2382.HK) reportedon Wednesday that it shipped 119 million handset lenses in November, down 2.3% month-on-month but up 7.5% year-on-year. The company’s vehicle lens…
