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: Apollo Go gets Dubai’s first fully driverless testing permit
Baidu Inc. (BIDU.US; 9888.HK) announced on Wednesday that its Apollo Go autonomous ride-hailing platform received a fully driverless testing permit from Dubai’s Roads and Transport Authority (RTA). The company said…
Eve Energy powers toward Hong Kong IPO, undeterred by price wars
The world’s fifth-ranked EV battery maker is following market leader CATL with plans to complement its Shenzhen listing with a new one in Hong Kong Key Takeaways: Lithium battery maker…
15th Five-Year Plan: Solar and property wait for the next policy tide
As China shifts from the 14th to the 15th Five-Year Plan, solar tells a story of swelling under policy momentum before a pullback, while property experienced a forced, sharp slowdown…
China’s biopharma sector enters the New Year on a high
A wave of lucrative licensing deals, drug approvals and positive policy moves spurred a pharmaceutical rally in 2025, but bigger biotechs are seeing more of the benefits Key Takeaways: The…
BRIEF: Xiao Noodles announces share buyback just a month after IPO
Noodle chain operator Guangzhou Xiao Noodles Catering Management Co. Ltd. (2408.HK) on Tuesday announced its board approved a mandate for the company to buy back up to 10% of its…
Meta cuts Manus free from China, as regional lender gets premium bailout
In a landmark validation for Chinese AI, Facebook parent Meta has agreed to buy general AI agent maker Manus. But why is Meta also quite vehement about cutting all of Manus' China ties, both in terms of investors and business activity? And regional Chinese lender Weihai Bank has just received a major cash infusion from its local government in Shandong province. Is this a worrisome sign for investors?
BRIEF: Leapmotor raises $430 million from share sale to state-run investor
Electric vehicle (EV) maker Zhejiang Leapmotor Technology Co. Ltd. (9863.HK) said on Tuesday it will raise about 3 billion yuan ($430 million) through a share placement to state-owned investor Jinhua…
