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…
NEWS WRAP: Hesai hits 2025 profit target one quarter ahead of schedule
The global leader in LiDAR solutions reported a record 256 million yuan profit in the third quarter, as its revenue and shipments grew significantly during the period By Teri…
NEWS WRAP: MediTrust Health says AI to empower better decision-making for insurers
The healthcare payor platform’s founder and CEO Seth Zhang said AI can help insurance companies boost their efficiency, but achieving consistent accuracy is a key obstacle By Doug Young…
BRIEF: CPE to invest $350 million to take control of Burger King China
Fast food giant Burger King’s parent, Restaurant Brands International (QSR.US), and Chinese private equity firm CPE announcedon Monday that they will form a joint venture, Burger King China, aimed at…
Rebounding Vobile explores AI, in further move from content-protection roots
The company’s revenue rose 27% in the third quarter, as it explores new opportunities from an anticipated explosion in demand for trading services related to AI-generated video Key Takeaways: Vobile…
BRIEF: CR Land approved to issue up to $3.9 billion in notes
Real estate developer China Resources Land Ltd. (1109.HK) said on Monday it has been approved by the Hong Kong Stock Exchange to issue up to $3.9 billion in medium-term notes…
Silicon Integrity has designs on an IPO after China chip rally
The provider of semiconductor packaging and testing services has applied for a Hong Kong listing, leveraging China's strategic focus on the chip industry Key Takeaways: Revenue growth has been slowing…
BRIEF: U.K. probes Yutong electric buses for remote shut down capabilities
The U.K. government is investigating whether hundreds of Chinese-made electric buses could be remotely deactivated, highlighting Britain’s growing concerns over “made in China” high-tech products. According to the Financial Times,…
