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: Anta, Li Ning consider bids for Puma
Leading sportswear makers Anta Sports Products Ltd. (2020.HK) and Li Ning Co. Ltd. (2331.HK) are considering bids for German sport brand Puma, according to media reports, citing unnamed people familiar…
Yum China turns to new concepts, diversified markets in accelerated growth roadmap
The operator of KFC and Pizza Hut restaurants in China aims to operate 30,000 stores by 2030, up more than 70% from current levels, it said at its recent investor…
BRIEF: Capacitor film maker Haiwei sags in Hong Kong debut
Hebei Haiwei Electronic New Material Technology Co. Ltd. (9609.HK), a producer of ultra-thin capacitor film, opened 5.4% below its offer price in its Hong Kong trading debut on Friday, and…
Neglected Burning Rock charms investors with high margins, narrowing losses
The cancer diagnostics company’s revenue rose slightly in the third quarter, as its gross margin rose by nearly 4 percentage points Key Takeaways: Burning Rock’s revenue rose 2.3% in the…
Robotaxi rollout drives faster earnings pace at WeRide
The driverless technology company is enjoying a payoff from expanding its global taxi fleet, with quarterly revenues surging and losses continuing to shrink Key Takeaways: Third-quarter revenue more than doubled,…
BRIEF: Xiao Noodles launches Hong Kong IPO to raise up to $89 million
Chinese noodle-chain operator Guangzhou Xiao Noodles Catering Co. Ltd. (2408.HK) launched its Hong Kong public offering on Thursday, aiming to raise up to HK$690 million ($89 million) by selling 97.3…
BRIEF: Quantgroup shares double in popular but miniscule Hong Kong IPO
Shares of online consumer website operator Quantgroup Holding Ltd. (2685.HK) opened up 165% in their Hong Kong trading debut on Thursday, and held on to much of the gains to…
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BRIEF: Anta, Li Ning consider bids for Puma
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Robotaxi rollout drives faster earnings pace at WeRide
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