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: Kuaishou temporarily halts livestreaming service after attack
Online video site Kuaishou Technology (1024.HK) said on Tuesday the livestreaming function on its app was attacked around 10 p.m. the previous day, forcing it to shut down the service.…
Transforming Qian Xun adds polish to new business with crypto cachet
The advertising services company is allowing users to settle payments for its newer business in used gadget trading using stablecoins Key Takeaways: Qian Xun has unveiled PayKet, allowing users to…
Hong Kong’s IPO rally under scrutiny, as ZTE hits new U.S. headwinds
Hong Kong's stock regulator has warned IPO underwriters over the declining qualiy of new listing applications. Is this a red flag for the city's booming IPO market, or just the usual regulatory caution? And the U.S. could fine telecoms equipment maker ZTE $1 billion for bribery in Brazil. Why does Washington think it can force ZTE to pay such a large amount?
BRIEF: Hipine profit jumps on strong jewelry sales, improved watch margins
Gold watch maker Shenzhen Hipine Precision Technology Co. Ltd. (2583.HK) announced on Tuesday that its profit totaled more than 90 million yuan ($12.8 million) for the 11 months through November,…
BRIEF: China Jinmao disposes of Sanya Ritz-Carlton
Property developer China Jinmao Holdings Group Ltd. (0817.HK) said on Tuesday it disposed of its Ritz-Carlton Sanya Yalong Bay on South China’s Hainan Island through an asset securitization deal valuing the resort…
BRIEF: MiniMax cleared by China’s securities regulator for Hong Kong IPO
AI company MiniMax Group Inc. was cleared by China’s securities regulator on Monday for a Hong Kong IPO, just days after it passed its listing hearing with the Hong Kong…
BRIEF: Sanhua’s dual businesses drive strong profit growth
Refrigeration components maker Zhejiang Sanhua Intelligent Controls Co. Ltd. (2050.HK; 002050.SZ) said on Monday it expects to report an annual net profit of 3.87 billion yuan to 4.65 billion yuan…
