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…
FAST NEWS: SenseTime’s loss balloons amid customer churn
The latest: Artificial intelligence (AI) company SenseTime Group Inc. (0020.HK) said its revenue fell 19% to 3.81 billion yuan ($553 million) last year, while its non-GAAP net loss soared 234% to 4.74…
0020.HK
CSPC Pharma wins China’s mRNA vaccine race, but just not fast enough
Drugmaker CSPC Pharma gets the green light to produce China’s first homegrown mRNA vaccine, but the breakthrough comes too late in the pandemic to impress investors Key Takeaways: News of…
1093.HK
VNET mired in mess of red ink, chairman’s dubious stock maneuvers
The data center operator’s net loss widened in last year’s final quarter, while a maneuver by its chairman to retain control of the company may leave many investors uneasy Key…
VNET.US
FAST NEWS: Domino’s China franchisee gets unbaked reception in HK trading debut
The latest: DPC Dash Ltd. (1405.HK), operator of Domino's Pizza restaurants in China, made its trading debut in Hong Kong on Tuesday with an opening price of HK$46, unchanged from…
NetDragon still learning how to profit from education, as investors grow impatient
The company’s education unit overtook its older gaming division in terms of revenue last year, even as the former lost money Key Takeaways: NetDragon’s revenue fell 1.5% in the second…
0777.HK
Zhihu seeks answer to profit challenge as its businesses grow apart
The online Q&A platform often called the ‘Quora of China’ saw its losses widen in 2022, as it posted a 12th consecutive quarter in the red at the end of…
2390.HK
ZH.US
PODCAST: Auto price wars, and the China-Hong Kong stock connect expands
Price wars break out as car makers in China, from Volkswagen to BYD, scramble to clear inventory. And foreign names like Samsonite and L’Occitane join the China-Hong Kong stock connect program, but no one is buying.
