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: ZTE profit plunges 87% in third quarter
Telecoms equipment maker ZTE Corp. (0763.HK; 000063.SZ) reported on Tuesday that its revenue rose 5.11% year-on-year to 28.97 billion yuan ($4.08 billion) in the third quarter. But a sharp rise…
BRIEF: Uber plans investments in Hong Kong IPOs by Pony AI, WeRide
Uber Technologies (UBER.US) plans to invest in upcoming Hong Kong IPOs by Pony AI Inc. (PONY.US) and WeRide Inc. (WRD.US), two of China’s leading robotaxi operators, Bloomberg reported on Tuesday.…
Citic Securities in equity sweet spot as investors flock to Chinese stocks
China’s largest brokerage reported big jumps in its revenue and profit during the third quarter amid a bull run in Chinese stocks and a wave of Hong Kong IPOs Key…
Brand expansion deflates Topsports’ top, bottom lines
The former top China distributor for Nike and Adidas is betting on a “running + community” concept to penetrate the performance sports market with a new self-developed brand Key Takeaways:…
BRIEF: Hithium files updated Hong Kong IPO application as revenue soars
Energy storage specialist Xiamen Hithium Energy Storage Technology Co. Ltd. filed an updated application for its Hong Kong IPO on Monday, showing it maintained its strong revenue growth into 2025.…
BRIEF: Deepexi shares double in Hong Kong debut
Shares of enterprise AI solutions provider Deepexi Technology Co. Ltd. (1384.HK) opened 112% higher in their Hong Kong trading debut on Tuesday and continued to rise before closing up 121.31%…
Everdisplay’s cash hunger in focus with new Hong Kong IPO application
The maker of AMOLED displays has renewed its filing to list in Hong Kong, following its application’s approval earlier this month by China’s securities regulator Key Takeaways: Everdisplay is seeking…