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: Lens Technology’s Hong Kong IPO gets nod from CSRC
Mobile phone glass supplier Lens Technology Co. Ltd.’s (300433.SZ) Hong Kong IPO plan has been registered by the Chinese securities regulator, clearing a key regulatory hurdle for the listing to…
INTERVIEW: Alibaba brings e-commerce closer to consumers with RedNote partnership
Embedded links in recommendation notes on the popular lifestyle platform will take buyers directly to items for sale in Alibaba’s Tmall and Taobao marketplaces By Doug Young Taobao and…
Fosun jewelry unit mines gold from new investors even as its profit shrinks
A Bank of China unit agreed to pump 400 million yuan into Shanghai Yuyuan Jewelry Fashion Group, becoming one of the company’s latest new investors Key Takeaways: Bank of China…
BRIEF: Luk Fook Holdings fiscal year profit drops 40%
Jewelry retailer Luk Fook Holdings (International) Ltd. (0590.HK) announced on Tuesday that it expects to report its net profit fell by 40% year-on-year in its fiscal year through March 2025.…
Labubu fever, and a skincare brawl
An early edition toy based on the red-hot Labubu character has fetched a record $150,000 in a recent auction. What's driving the craze, and is it sustainable? And a high-profile tussle between two leading skincare brands has left one of them bruised, with its stock down 30%. How can investors steer clear of this kind of damage?
BRIEF: Zhou Liu Fu launches $143 million Hong Kong IPO
Jeweler Zhou Liu Fu Jewellery Co. Ltd. (6168.HK) launched its Hong Kong IPO on Wednesday, aiming to raise about HK$1.12 billion ($143 million) by selling 46.8 million shares for HK$24…
Data is king: Why content creators must rethink their role in the AI era
Content creators may feel the most profound shift and play a more important role as data becomes a strategic asset in the AI era By Lee Shih Ta As…
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