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…
Haier in calculated financial maneuver with India unit stake sale
The home appliance giant has decided to sell nearly half of its fast-growing Indian arm to accelerate its drive for greater localization Key Takeaways: Haier is reportedly considering a plan…
With Indian production base taking shape, is BIEL Crystal headed for an IPO?
A strong trading debut for one of its peers in Hong Kong’s strongest IPO market in years could prompt the iPhone glass supplier to revive its previous listing plan Key…
INDUSTRY BRIEF: Polysilicon makers to set up company to absorb struggling smaller rivals
China’s major makers of polysilicon, one of the key components used to make solar panels, plan to set up a company to buy their Chinese smaller rivals, in an effort…
BRIEF: Jay Chou-connected stock surges after pop star joins Douyin
Short video platform Douyin announced on Wednesday that Jay Chou officially opened an account under the name "Classmate Chou," sparking a surge in a stock with ties to the Taiwan…
BRIEF: Bondholders approve Logan’s onshore debt restructuring
Real estate developer Logan Group Co. Ltd. (3380.HK) said on Wednesday that restructuring plans for 21 of its onshore corporate bonds and asset-backed securities (ABS) have all been approved by…
Zepp’s stock surge: A China renaissance on Wall Street?
The wearable fitness device maker’s stock has more than doubled in the last two weeks, as it looks set to return to revenue growth after three years of contraction Key…
RemeGen’s $4.2 billion licensing deal falls flat with investors
The biopharma firm had fanned excitement over a rights deal for its autoimmune drug but the eventual terms, with just a small portion of upfront cash, left the market disappointed…