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: Jinxin Fertility’s business improves in fourth quarter
Fertility services provider Jinxin Fertility Group Ltd. (1951.HK) provided 7,004 in vitro fertilization (IVF) treatments to its customers in last year’s fourth quarter, up 12% from a year earlier, according…
China’s chip consolidation accelerates with SMIC, Hua Hong buyouts
Two of the country’s leading fabs announced buyouts of government partners in their non-wholly owned subsidiaries last week Key Takeaways: SMIC and Hua Hong are consolidating ownership of their assets…
BRIEF: Unitree aims to complete IPO by mid-2026
Hangzhou Unitree Robotics’ IPO process is proceeding on track, with a listing on one of China’s domestic A-share markets expected between April and June, Caixin reported on Monday, citing a…
BRIEF: Air China sells down Cathay stake, booking $26 million in profit
Air China Ltd. (0753.HK, 601111SH) said on Tuesday that it sold 108 million shares of its holdings in leading Hong Kong airline Cathay Pacific Airways Ltd. (0293.HK) for HK$12.22 per…
Parental love gone amok? MGM China feels the pain of licensing fee hike
The Macao gaming operator’s shares plunged after being saddled with a major increase for rights to use the name of its parent, MGM Resorts Key Takeaways: MGM China said its…
BRIEF: Unisound in new collaborations with three government health bodies
Speech recognition technology company Unisound AI Technology Co. Ltd. (9678.HK) said on Monday it has entered into collaboration agreements worth more than 20 million yuan ($2.86 million) with three governmental…
After carving out a place in the laser cutter market, xTool eyes Hong Kong IPO
The leading maker of laser cutters and engravers boasts Tencent and HongShan as two of its backers, as well as Morgan Stanley as one of its IPO underwriters Key Takeaways:…
