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…
NEWS WRAP: Seres serves up luxury option for NEV investors
The high-end new energy vehicle maker expects to raise about $1.7 billion in its Hong Kong listing, becoming the third-biggest this year in the city’s hot IPO market By…
BRIEF: Impro Precision’s revenue rises 16.8% in third quarter
Precision machining parts maker Impro Precision Industries Ltd. (1286.HK) on Friday reported its revenue rose 16.8% year-on-year in the third quarter to HK$1.36 billion ($175 million), boosted by strong sales…
BRIEF: Haier Smart Home profit climbs 13% in third quarter
Appliance maker Haier Smart Home Co. Ltd. (6690.HK; 600690.SH; 690D.DE) announcedon Thursday its revenue rose 9.5% year-on-year during the third quarter to 77.56 billion yuan ($10.89 billion), while its net…
Andre Juice’s growth stalls after bumper period
China’s leading maker of apple juice concentrate reported its revenue contracted in the third quarter, ending a period of strong gains in the previous year and a half Key Takeaways:…
BRIEF: African diaper king Softcare to raise up to $300 million in IPO
Leading African diaper seller Softcare Ltd. (2698.HK) launched its Hong Kong IPO on Friday, aiming to sell 90.88 million shares for HK$24.20 to HK$26.20 apiece to raise up to HK$2.38…
Fuyao Glass looks to new era as its founder bows out
The son of celebrated entrepreneur Cao Dewang has formally taken the helm at the automotive glass giant, just as the firm unveiled upbeat quarterly earnings Key Takeaway: The company logged…
NEWS WRAP: Seyond sued by rival ahead of Hong Kong SPAC listing
The lawsuit claims Seyond’s long-range Robin E1X closely resembles Hesai’s AT series LiDAR sensors in both product design and system architecture By Teri Yu Autonomous driving technology company Seyond…