A fintech lender rebound, and a hotel mess
Fintech lenders are entering a new golden era, with Jiayin reporting 46% growth for its core consumer lending business in last year's fourth quarter and forecasting similar gains this year. What's driving this rebound? And hotelier H World is still trying to fix a German acquisition from 2019 that wiped out its profit in the fourth quarter of last year. Will the Chinese hotelier be able to turn around this money-losing offshore asset?
Neautus looks outward to boost its traditional medicine story
The maker of traditional Chinese medicines has applied for a Hong Kong IPO after abandoning two listing attempts on China’s domestic A-share market Key Takeaways: Neautus has applied to list…
Red Bull slayer Eastroc chases Hong Kong IPO to boost global charge
After finding a strong audience for its stock among domestic investors, the functional beverage maker aims to offer its stock to global buyers as well Key Takeaways: Eastroc has filed…
Uxin gets new cash injection as its used car superstores gain speed
The company said it closed a deal first announced last September to sell new stock to shared ride operator Dida for $7.5 million Key Takeaways: Uxin has received $7.5 million…
QuantaSing finds new tune in experiential pop toys
The adult education company is adding products for seniors to adapt to changing times, and is now also testing out the youth market with a new toy investment Key Takeaways:…
Could consumer stimulus send Li Ning stock vaulting higher?
The sportswear maker’s gross margin rose by 1 percentage point last year as it boosted its dividend payout ratio to 50% Key Takeaways: Li Ning’s net profit declined last year,…
Niu Technologies gets charge from China’s consumer trade-in program
The electric scooter maker’s China unit sales rose 66% in the first quarter, while its global sales grew by just 6% on tariff headwinds Key Takeaways: Niu Technologies said its…
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