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: Game-related services drive Huya’s 10% revenue growth in third quarter
Livestream gaming company Huya Inc. (HUYA.US) announced on Wednesday that its revenue for the third quarter rose 9.8% year-on-year to 1.69 billion yuan ($237 million), marking its strongest quarterly growth…
BRIEF: China Education forecasts up to $84 million profit for fiscal year
China Education Group Holdings Ltd. (0839.HK) said on Wednesday it expects to report a net profit between 440 million yuan ($61.9 million) and 600 million yuan for its fiscal year…
IPO hopeful Distinct Healthcare targets the well-to-do market
The private healthcare provider is hoping to attract investors with a business model focusing on the medical needs of affluent families in leading Chinese cities Key Takeaways: The company has…
Business diversification may backfire on Lingong as it seeks Hong Kong IPO
The mining equipment maker is looking to go public amid optimism around Chinese stocks and a commodities upturn, but its exposure to China’s troubled real estate market is a red…
BRIEF: Venus Medtech sells Hangzhou project for 375 million yuan
Medical device maker Venus Medtech (Hangzhou) Inc. (2500.HK) announced on Tuesday that it will sell its Qiming Healthcare Life Science Industrial Park in Hangzhou, along with related land-use rights, to…
From classroom crackdowns to shifting cabin crews, China adapts to new realities
Vocational educator Hiducation has become one of the few education companies to test the waters in Hong Kong's booming IPO market. Are investors ready to welcome this group again after a bloody crackdown three years ago? And budget carrier Spring Air is rolling out the welcome mat for more senior flight attendants as old as 40. Are other Asian airlines like to follow this "air auntie" trend, and what's behind it?
BRIEF: Q Technology’s camera module sales up 20% in October
Smartphone camera module maker Q Technology (Group) Co. Ltd. (1478.HK) said on Tuesday it sold 47.42 million camera modules in October, up 20.4% year-on-year and a 1.6% increase from September.…