Jihong schmoozes IPO investors with cross-border social e-commerce story
The Shenzhen-listed company has filed for a second listing in Hong Kong, even as it reports significant declines in both its revenue and profits Key Takeaways: Jihong Technology's revenue fell…
Galaxy Entertainment beats the odds with solid results as Macau gaming rebound slows
Macau’s most profitable casino operator posted strong revenue growth in the first half of the year as the city’s post-pandemic tourism rebound continued Key Takeaways: Galaxy Entertainment’s profit rose more…
Huya’s fledgling diversification drive shows early promise
The operator of a livestreaming gaming platform said revenue from its new services launched just a year ago accounted for 20% of its total in the second quarter Key Takeaways:…
MGM China looks like worthwhile bet among Macau gaming stocks
The casino operator’s interim results showed that both its revenue and profits rebounded to above pre-pandemic levels Key Takeaways: MGM China posted a profit of nearly HK$2.7 billion in the…
Yalla takes its gaming act on the road as search continues for new growth engines
The Middle Eastern social media and gaming company has been building up its fan base through a series of major real-world events since the end of last year Key Takeaways:…
PODCAST: EU Divisions on EV Tariffs, and Shanghai Seeks More Global Performers
EU nations are divided on whether to levy long-term tariffs on Chinese EVs. What's behind the divisions? And Shanghai looks to attract more global performers like Taylor Swift. What's behind the change of heart?
Xiaohongshu’s new funding: Return to old times or end of a chapter?
The social e-commerce company, whose name means ‘Little Red Book,’ scored a relative rarity by attracting Western big-name DST in its latest funding round Key Takeaways: Xiaohongshu was valued at…
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