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: Noah Holdings’ profit jumps 63% despite revenue decline
Wealth management firm Noah Holdings Private Wealth and Asset Management Ltd. (NOAH.US; 6686.HK) announced on Tuesday its revenue fell 7.4% year-on-year to 632.9 million yuan ($88.9 million) in the third…
Qfin goes from fintech stud to dud as new regulations kick in
The online loan facilitator posted weak third-quarter results and was downbeat on the final three months of the year, contrasting with a strong finish to 2024 Key Takeaways: Qfin’s revenue…
BRIEF: Minieye to raise up $26 million through share placement at 10% discount
Smart driving and smart cockpit solutions provider Minieye Technology Co. Ltd. (2431.HK) said on Wednesday it will place approximately 14 million new H-shares at a price of HK$14.88 per share,…
BRIEF: LexinFintech’s revenue drops in third quarter
Online lender LexinFintech Holdings Ltd. (LX.US) said on Monday its revenue fell 6.7% year-on-year in the third quarter to 3.42 billion yuan ($481 million), as its core credit facilitation services that…
BRIEF: Ubtech to raise $400 million in share placement at 11.4% discount
Robotics maker Ubtech Robotics Corp. Ltd. (9880.HK) announcedon Tuesday that it plans to place 31.468 million new H-shares, representing 6.3% of its enlarged share capital. The shares will be priced…
Dongshan Precision offers investors an acquisitive, but debt heavy, tech component play
After moving from its original sheet metal processing business into PCBs through acquisitions, the company has filed for a Hong Kong IPO to complement its existing Shenzhen listing Key Takeaways:…
BRIEF: Cathay Pacific passenger, cargo traffic rise in October
Cathay Pacific Airways Ltd. (0293.HK) said on Monday its Cathay Pacific and HK Express services collectively carried over 3.2 million passengers in October, up 21% month-on-month. Its cargo volume for…
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BRIEF: Noah Holdings’ profit jumps 63% despite revenue decline
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Qfin goes from fintech stud to dud as new regulations kick in
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