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…
Sunny & Sandy joins queue of toymakers aiming to emulate Pop Mart
With revenue growth of 134% in the first nine months of 2025, the company’s Hong Kong IPO could raise over $100 million Key Takeaways: Sunny & Sandy has filed to…
InSilico lands drug discovery deal after Hong Kong IPO
The developer of AI-enabled drugs could get up to $888 million from the new deal but, without any viable products yet, its revenues rely on partner payments Key Takeaways: The…
INDUSTRY BRIEF: Apple takes 2025 smartphone crown, Xiaomi finishes third
Apple (AAPL.US) was the world’s top smartphone seller in the fourth quarter, taking the crown from rival Samsung (005930.KS), as both companies recorded strong year-on-year growth. Meantime, Xiaomi (1810.HK) held…
INTERVIEW: Tuya leverages its AI platform, skills to target global consumer market
The AIoT company is drawing on its relationships with thousands of internet-connected smart device makers to roll out its Hey Tuya AI Assistant For Life By Rene Vanguestaine LAS…
China’s property debt crisis muddles on, as profits evade the pet economy
Domestic investors holding about $500 worth of Vanke bonds have agreed to extend their Dec. 28 maturity date by a month. Why are Vanke and its peers continually turning to this kind of delaying tactic rather than doing bankruptcy reorganizations? And pet hospital operator Ringpai has applied for a Hong Kong IPO.
BRIEF: JD Logistics to privatize Shanghai-listed Debon unit
JD Logistics Inc. (2618.HK) said on Tuesday it plans to privatize its Debon Logistics Co. Ltd. (603056.SH) unit from the Shanghai Stock Exchange by purchasing the remaining 20% of the…
Anta takes aim at global big leagues with Puma bid
China’s leading sportswear brand has reportedly offered to buy 29% of the German brand, which, if successful, could give a big boost to its global aspirations Key Takeaways: Anta has…