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…
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…
BRIEF: Goldlion privatization rejected by shareholders
Apparel maker Goldlion Holdings Ltd. (0533.HK) announced on Friday that a plan to privatize the company from major shareholder and Chairman Tsang Chi Ming was rejected by shareholders. Shareholders representing…
Zhipu in race to become first to list among new generation of Chinese ‘AI tigers’
The company, which focuses on large language models for enterprise clients, has raised 2 billion yuan this year, from mostly government sources Key Takeaways: Zhipu AI is aiming to become…
BRIEF: CATL targets $4 billion in Hong Kong IPO, poised to become year’s top listing
Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ) launched its Hong Kong IPO on Monday, aiming to raise up to HK$31 billion ($4 billion) through the…
Macao’s gaming fatigue takes the roar out of MGM China
Once a favorite of investment banks for its strong post-pandemic performance, MGM China’s business started to contract in the first quarter of 2025 Key Takeaways: MGM China’s revenue fell 3%…
BRIEF: Autohome slashes headcount as revenue sags
Car-trading services provider Autohome Inc. (ATHM.US; 2518.HK) on Thursday reported its revenue slumped 10% in the first quarter, as the company cut about a fifth of its workforce over the…
BRIEF: Baidu’s Apollo partners with CAR Inc. on autonomous vehicle rentals
Baidu Inc.’s (BIDU.US; 9888.HK) Apollo autonomous driving platform said on Thursday it has signed a deal to jointly launch China’s first autonomous vehicle rental service in a new partnership with…
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