Bloks Group shares plunge after chairman sells down stake
Shares of toymaker Bloks Group Ltd. (0325.HK) plunged on Thursday after the company disclosed the company’s founder and Chairman Zhu Weisong sold off some of his stake. The company said…
Andre Juice’s profit plunges 40% in third quarter
Concentrated juice manufacturer Yantai North Andre Juice Co. Ltd. (2218.HK; 605198.SH) on Wednesday reported its revenue fell 23.6% year-over-year in the third quarter to 285 million yuan ($43 million). Its…
TCL Electronics posts revenue, profit growth in first three quarters
Display maker TCL Electronics Holdings Ltd. (1070.HK) said on Monday it expects to report revenue of HK$91 billion ($11.6 billion) to HK$97.7 billion for the first nine months of this…
Transsion stumbles out of the gate after weak pricing
Shenzhen Transsion Holdings Co. Ltd. (2636.HK; 688036.SH), sometimes called the “Mobile King of Africa,” sagged in its Hong Kong trading debut on Thursday, opening 1% lower and dropping during the…
Man Wah profit plunges on rising material costs
Furniture seller Man Wah Holdings Ltd. (1999.HK) said on Monday it expects to report a sharp drop in its profit for the six months through September, the first half of…
Guoquan shareholders pledge one-year lock-up
Guoquan Food (Shanghai) Co. Ltd. (2517.HK), a supplier of ingredients for hotpots and other dining at home, on Monday said a group of its controlling shareholders have committed not to sell…
Muyuan’s revenue from hog sales drops 6.01% in September
Leading global pig breeder Muyuan Foods Group Co. Ltd. (2714.HK; 002714.SZ), announced on Sunday that revenue from its commercial hog sales totaled about 8.52 billion yuan ($1.27 billion) in September,…