Shein pushes for higher valuation ahead of Hong Kong IPO launch
The $35 billion to $40 billion the online fashion retailer is seeking is relatively modest compared with its global peers By Teri Yu Online fashion and lifestyle company Shein Global…
Novosense swings back to the black as first-half revenue rises 67%
Analog chipmaker Suzhou Novosense Microelectronics Co. Ltd. (688052.SH; 2676.HK) said on Thursday it expects to report revenue of about 2.54 billion yuan ($377 million) for the first half of 2026,…
Weilong’s first-half profit ticks up 4% as signature spicy strip sales fall
Leading spicy strip snack maker Weilong Delicious Global Holdings Ltd. (9985.HK) said on Thursday its revenue climbed 6.7% year-over-year to 3.72 billion yuan ($550 million) in the first half of…
SMIC’s profit triples in second quarter on higher chip prices, lower costs
Leading Chinese contract chipmaker Semiconductor Manufacturing International Corp. (SMIC)(0981.HK; 688981.SH) on Thursday reported strong revenue and profit growth in the second quarter, as AI-fueled demand remained strong for its cutting-edge…
Deepexi raises $62 million in share placement to boost AI R&D
Enterprise large-model AI application provider Deepexi Technology Co. Ltd. (1384.HK) said on Thursday it plans to place 14.29 million new Hong Kong-listed H-shares, representing about 4.1% of its enlarged issued…
Strong toy sales drive double-digit revenue, profit growth at Bloks
Toymaker Bloks Group Ltd. (0325.HK) announced on Wednesday its revenue rose 32.7% year-over-year to 1.78 billion yuan ($263 million) in the first half of this year, while its profit climbed…
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