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: Meituan to enter Brazil with $1 billion investment over five years
Food delivery giant Meituan (3690.HK) announced it will expand its Keeta overseas delivery platform into Brazil, following launches in Hong Kong and Saudi Arabia. The company said Keeta will debut…
Fuiou may enjoy policy tailwind on ride to Hong Kong IPO
The payment services provider looks well-positioned to benefit from China’s consumption-boosting policies as it seeks to list Key Takeaways: Hong Kong IPO candidate Fuiou could get a lift from China’s…
BRIEF: Lancang Ancient Tea shareholder pledges stake amid trading halt
Tea merchant Pu’er Lancang Ancient Tea Co. Ltd. (6911.HK) said on Tuesday that controlling shareholders Wang Juan and Guangzhou Tiansu Information have pledged nearly 20 million shares as collateral for…
BRIEF: Zhejiang Sanhua gets CSRC nod for Hong Kong IPO
The Chinese securities regulator approved Zhejiang Sanhua Intelligent Controls Co. Ltd.’s (002050.SZ) application to list in Hong Kong, clearing an important regulatory hurdle for the refrigerator and air condition component…
BRIEF: Beisen’s loss narrows on reduced preferred share impact
Human capital management SaaS provider Beisen Holding Ltd.(9669.HK) announced Tuesday it expects to post a net loss of 130 million yuan ($18 million) to 196 million yuan for its fiscal…
Uber’s Chinese robotaxi romance, and Webull’s strong debut
Uber has signed new alliances with Chinese robotaxi operators Momenta and Pony AI, and fortified an existing partnership with WeRide. Why the sudden embrace of Chinese robotaxis? And Webull's stock has charged from the gate with massive gains following its SPAC listing. What's driving this company, which is an unusual hybrid of a U.S.-based business with strong China ties?
Ispire’s cannabis dreams going up in smoke?
The American vaping company with strong Chinese ties reported its revenue fell 12.7% in the three months to March, as it rushes to set up a new manufacturing facility in…
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