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…
PODCAST: The rebounding yuan, and China approves a chip mega-merger
By Doug Young & Rene Vanguestaine After falling to multiyear lows, China's yuan has come roaring back in recent weeks. But what has changed, and are the gains for real?…
FAST NEWS: Smart Share Global posts second straight quarterly profit
The latest: Smart Share Global Ltd. (EM.US), a supplier of rentable power banks, on Tuesday reported a net profit of 50 million yuan ($7.05 million) in the third quarter, reversing a…
EM.US
Its IPO finally approved, Yan Palace flies towards uncertain future
China’s top “bird’s nest stock” faces ongoing challenges from high marketing costs and concerns over product efficacy as it nears the finish line in a long Hong Kong listing journey…
FAST NEWS: H World returns to black, forecasts slowing revenue growth
The latest: Hotelier H World Group Ltd. (HTHT.US; 1179.HK) announced last Friday it recorded a net profit of 1.31 billion yuan ($183 million) in the third quarter, reversing a net loss of…
HTHT.US
1179.HK
Yalla profit zooms on gaming jump, enhanced efficiency
The Middle Eastern social media company posted record revenue in the third quarter, as its profit jumped 44% on cost controls and strong gaming revenue gains Yalla’s revenue rose 6.4%…
YALA.US
ZTO momentum slows in third quarter as headwinds build
The delivery company’s revenue and profit both rose year-on-year despite China’s economic slowdown, but both figures were down from the second quarter Key Takeaways: ZTO earned 2.35 billion yuan in…
2057.HK
CHINA BULLETIN: Yuan on the Comeback Trail
In this week’s issue the yuan bounces back, a lifeline for developers and a livestreamer confirms its CEO’s arrest. On a scale of 1 to 100, we give the week…
