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: Xiao Noodles launches Hong Kong IPO to raise up to $89 million
Chinese noodle-chain operator Guangzhou Xiao Noodles Catering Co. Ltd. (2408.HK) launched its Hong Kong public offering on Thursday, aiming to raise up to HK$690 million ($89 million) by selling 97.3…
BRIEF: Tianyu Semiconductor launches $215 million IPO
Silicon carbide epitaxial wafer maker Guangdong Tianyu Semiconductor Ltd. (2658.HK) on Thursday launched its Hong Kong IPO, aiming to raise about HK$1.67 billion ($215 million) by selling 30 million shares…
Luckin Coffee eyes global leap as China’s Double 11 loses its luster
Luckin could be preparing a bid for Costa Coffee. What's driving this potential deal, and what are its chances for success? And this year's Double 11 festival looks like a dud, with most big e-commerce companies failing to publish any big numbers. What does the future hold for this fast-fading shopping fest?
Can So-Young find new youth in bricks and mortar?
The cosmetic surgery specialist’s top line is growing as it opens new ‘light medical aesthetic’ clinics, but its bottom line is sagging as its older platform business evaporates Key Takeaways:…
CSPC feels the pain from sweeping cuts in drug prices
The pharmaceutical giant is paying the price for its aggressively low bids in China’s centralized drug tenders, as it shifts its focus from traditional to novel drugs Key Takeaway: The…
BRIEF: Baozun’s operating profit narrows as e-commerce unit returns to the black
E-commerce software provider Baozun Inc. (BZUN.US; 9991.HK) on Tuesday reported its revenue rose in the third quarter, as its core e-commerce services returned to profitability and losses narrowed for its…
Yum China turns to new concepts, diversified markets in accelerated growth roadmap
The operator of KFC and Pizza Hut restaurants in China aims to operate 30,000 stores by 2030, up more than 70% from current levels, it said at its recent investor…
