iQiyi’s revenue falls 5% in the second quarter
Online video company iQiyi Inc. (IQ.US) on Tuesday reported its revenue fell 5% year-on-year to 6.29 billion yuan ($933 million) in the second quarter, as it moved ahead with its…
Intensifying competition, falling prices push Zhida Technology to wider loss
Electric vehicle charging equipment maker Shanghai Zhida Technology Development Co. Ltd. (2650.HK) said on Monday that its revenue for the six months through June fell 13.3% year-on-year to 340 million…
Chow Sang Sang’s profit more than doubles in first half of 2026
Jewelry retailer Chow Sang Sang Holdings International Ltd. (0116.HK) on Monday projected a sharp increase in its profit for the six months through June, saying its profit from continuing operations…
China pivots to ‘hard tech’ and global branding: Frost & Sullivan Summit
As global trade becomes fragmented, Chinese enterprises are embracing hard technology and non-market strategies to build durable, world-class brands By Da Cheung Chinese enterprises are adapting to a shifting global…
Falling SiC wafer prices drop Tianyu Semiconductor to first-half loss
Silicon carbide (SiC) epitaxial wafer maker Guangdong Tianyu Semiconductor Co. Ltd. (2658.HK) said last Friday it expects to report a net loss of 104 million yuan ($15 million) to 123…
SenseTime logs maiden profit in first half of 2026
AI company SenseTime Group Inc. (0020.HK) said on Sunday it expects to report a 500 million ($74.15 million) to 700 million yuan profit for the first half of 2026, reversing…
