BRIEF: Shuangdeng launches Hong Kong IPO to raise $118 million
Energy storage battery maker Shuangdeng Group Co. Ltd. (6960.HK) launchedits Hong KongIPO on Monday, aiming to sell 58.56 million shares at HK$14.50 each to raise up to HK$850 million ($118.3…
BRIEF: Vipshop forecasts potential return to revenue growth in third quarter
Discount e-commerce company Vipshop Holdings Ltd. (VIPS.US) last Thursday reported a fifth consecutive quarter of falling revenue, as it moved to reassure investors by saying its situation was stabilizing and…
NEWS WRAP: JD Logistics revenue, profit accelerate on China market momentum
The company’s integrated supply chain solutions business recorded strong growth in the first half of 2025, while continued efficiency improvements lifted its profitability By Teri Yu JD Logistics Inc.…
BRIEF: Cloud Factory profit rises in first half of 2025
Internet data center solutions provider Cloud Factory Technology Holdings Ltd. (2512.HK) announced on Friday that it expects to report its net profit for the six months to June ranged between…
BRIEF: Modern Dental’s profit jumps over 30% in first half of 2025
Modern Dental Group Ltd. (3600.HK) said on Thursday it expects to report revenue of HK$1.78 billion ($226 million) to HK$1.85 billion for the first half year, up 4.3% to 8.7%…
BRIEF: NetEase revenue, profit rise in second quarter
NetEase Inc. (NTES.US) said on Thursday its revenue rose 9.4% to 27.9 billion yuan ($3.89 billion) in the second quarter of 2025 from 25.5 billion yuan a year earlier, as…
