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…
Kanzhun cranks up spending, even as others tighten belts
China’s leading online recruitment platform’s operating costs soared 70% in last year’s fourth quarter, pushing the company into the red Key Takeaways: Kanzhun’s revenue was flat in the fourth quarter,…
BZ.US
2076.HK
KE results show green shoots of recovery after real-estate winter
China’s top property broker insulated itself against a market downturn by expanding into home furnishings and rentals, helping it deliver a quarterly profit Key Takeaways: KE Holdings recorded a modest…
2423.HK
BEKE.US
FAST NEWS: Baozun shares tumble as quarterly revenue declines
The latest: E-commerce software as a service (SaaS) provider Baozun Inc. (BZUN.US; 9991.HK) said its revenue fell 19.5% year-on-year in last year’s fourth quarter to 2.55 billion yuan ($370 million), while its…
BZUN.US
9991.HK
Covid storm lifts for Waterdrop and Fanhua, as each eyes different path to new growth
The insurance brokers’ showed signs of improvement in the fourth quarter, as Waterdrop revved up several new products and Fanhua made a new acquisition last month Key Takeaways: Waterdrop returned…
WDH.US
FANH.US
Lepu Biopharma gets taste of spring with first revenues
The ADC-focused drug company logged its first-ever sales late last year, kicking of the next phase of its development Key Takeaways: Lepu Biopharma began to sell its first product last…
2157.HK
PODCAST: New premier vows private sector support, and foreigners return to China
Li Qiang vows his “unequivocal and steadfast” support for China’s private sector in some of his first remarks as premier, and China resumes issuing visas for foreign business travelers and tourists.
FAST NEWS: So-Young swings to profit, retains cautious outlook
The latest: Cosmetic surgery app operator So-Young International Inc. (SY.US) reported on Tuesday its revenue fell 27.7% year-on-year in last year’s fourth quarter to 325 million yuan ($47 million). It…
SY.US
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Kanzhun cranks up spending, even as others tighten belts
BZ.US
2076.HK
FAST NEWS: Baozun shares tumble as quarterly revenue declines
BZUN.US
9991.HK
