Sainte Nutritional nurtures Hong Kong IPO
The Qingdao-based maker of food for special medical purposes is challenging international firms that still dominate the China market but could face tariff uncertainties Key Takeaways: Sainte Nutritional has filed…
Zeekr’s buyout stalls, and Chagee’s returns cool
A group of early investors in NEV maker Zeekr have protested a recent privatization bid for the company, saying it's too low. Will the buyer heed their complaints and raise its offer? And Chagee's maiden quarterly results show its revenue grew at just half the rate of its new store openings. What's behind the evaporting returns?
Game time for another IPO hopeful in China’s booming toy market
A maker of collectible figurines, 52Toys, is lining up to test investor enthusiasm for play-related stocks after the runaway success of Pop Mart Key Takeaways: 52Toys has posted losses for…
ATRenew capitalizes on government incentives to achieve solid growth in its core business
The recycling specialist’s revenue rose 27.5% in the first quarter, representing its fastest growth in more than a year Key Takeaways: ATRenew reported its fastest quarterly revenue growth in more…
Meitu, Alibaba find beauty in new e-commerce partnership
The maker of beauty apps will sell $250 million worth of convertible bonds that could make the e-commerce giant its third-biggest shareholder Key Takeaways: Meitu and Alibaba have formed a…
Huawei turns up HarmonyOS volume with launch of PC edition
The company’s latest rollout comes as it tries to convince more app developers to make versions of their products for its operating system Key Takeaways: Huawei has launched PCs powered…
Yatsen CEO declares turnaround with quarterly non-GAAP profit
The cosmetics seller reported a nearly 50% increase in its first-quarter revenue from skincare products as it pivots to the segment from make-up Key Takeaways: Yatsen’s first-quarter net loss narrowed…