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…
Chery zooms out of the IPO gate. Now, it needs to show investors its longer-term value
China’s leading car export brand raised more than $1 billion in its listing on Sept. 25 , with its shares up 4% in their first three trading days Key Takeaways:…
Video podcast: Cango to build on bitcoin mining foundation with HPC pivot
Cango details the strategic pivot to transform from a pure-play crypto miner into an integrated energy and high-performance computing (HPC) platform. The multi-phase strategy leverages Cango's existing energy and computing infrastructure as a foundation to build a more diverse business model with revenues from mining, AI client services, and energy trading.
BRIEF: Hipine surges in Hong Kong trading debut
Shares of gold watch maker Shenzhen Hipine Precision Technology Co. Ltd. (2583.HK) roared out of the gate in their Hong Kong trading debut on Tuesday, opening up 184% and continuing to rise…
BRIEF: Pateo jumps in Hong Kong trading debut
Shares of smart cockpit technology maker Pateo Connect Technology (Shanghai) Co. Ltd. (2889.HK) opened up 32% in their Hong Kong trading debut on Tuesday, and continued to climb during the…
Three years after launching Chinese coffee war, Cotti runs low on steam
The country’s second-largest domestic coffee chain has become relatively quiet over the last year, after boasting of plans to open 50,000 stores by the end of this year Key Takeaways:…
Pagoda finds fruit in share placement as weak business weighs
Not long after reporting bleak midyear results, the fruit seller raised $42 million in fresh funds by selling new stock at a steep discount Key Takeaways: Pagoda Industrial has raised…
UAE president meets OASI founder Zhang Hucheng as firm sets up headquarters in the region
The maker of planes, vehicles and ships used for defense and patrol applications is part of a growing wave of advanced Chinese manufacturers that see big potential in the region…