Yalla profit zooms on gaming jump, enhanced efficiency
The Middle Eastern social media company posted record revenue in the third quarter, as its profit jumped 44% on cost controls and strong gaming revenue gains Yalla’s revenue rose 6.4%…
YALA.US
Atour glides as economic slowdown fails to dent Chinese travel demand
The mid- to upscale hotel brand’s revenue rose 93% in the third quarter, as nearly all of its major metrics exceeded pre-pandemic levels Key Takeaways: Atour’s revenue nearly doubled and…
ATAT.US
Huya revenues sag 30%, looks ahead to diversification plan
The company has been rocked by a series of challenges over the last two years, and is hoping to find stability by lessening its dependence on livestream gaming revenue Key…
HUYA.US
Golden Heaven Group coasts on major amusement park expansion
The company’s stock has tripled since its April IPO, much of that after it announced plans to build three new regional amusement parks last month Key Takeaways: Golden Heaven Group…
GDHG.US
Far East Consortium rolls the dice with Czech casino spinoff
The property developer plans to spin off its gambling business, Palasino, for a separate listing in Hong Kong Key Takeaways: Fast East Consortium is planning to separately list its Palasino…
0035.HK
ZX gets its IPO at last, but stumbles on disappointing maiden earnings report
Despite an IPO that was heavily oversubscribed, the game operator’s shares lost more than a quarter of their value over their first three trading days Key Takeaways: Shares of ZX…
9890.HK
Why investors are waiting to check into GreenTree Hospitality
After a big rally for its stock in July as the hotel operator added restaurants to its business menu, the company’s latest financial results received a more cautious reception Key…
GHG.US
