Can Longcheer buy its way to the top of the AI rack?
The world’s largest smartphone ODM is using acquisitions to cater to booming demand for AI infrastructure Key Takeaways: Longcheer has revised terms for its acquisition of an AI infrastructure company,…
Two auto giants hitch wagons to combat harsh industry winter
GAC plans to issue new shares in exchange for an equity stake in a vehicle joint venture held by FAW, though detailed transaction specifics have yet to be disclosed Key…
Yatsen finds new beauty in AI, biotech and automated manufacturing
The company is using technology for things like new ingredient discovery as Chinese consumers seek increasingly individualized products Key Takeaways: Yatsen is turning to AI and other high-tech methods as…
Lam Soon generates investment value out of the ordinary
The food and edible oil producer’s profit declined 3% in its latest fiscal year, but its total returns from share price gains and dividends are nearly 80% over the past…
Jollibee dines close to home with Hong Kong selection for IPO spinoff
With 20 brands in 33 countries, the Philippine fast-food operator has abandoned earlier plans to list its international operation in New York in favor of its nearby neighbor Key Takeaways:…
Shein’s U.S. buyout hits a political wall, as China’s fintech lenders face ruin
“There’s been a very definite trend of what I would call re-transferring part of the economy from the private sector to the state sector.” — on Beijing’s regulatory retreat from…
Nio’s stock stuck in a rut despite steadily improving performance
The new energy vehicle maker has recorded adjusted profits in the last three quarters, yet its stock now trades near a 52-week low Key Takeaways: Nio reported an adjusted profit…