BRIEF: China Education forecasts up to $84 million profit for fiscal year
China Education Group Holdings Ltd. (0839.HK) said on Wednesday it expects to report a net profit between 440 million yuan ($61.9 million) and 600 million yuan for its fiscal year…
BRIEF: Venus Medtech sells Hangzhou project for 375 million yuan
Medical device maker Venus Medtech (Hangzhou) Inc. (2500.HK) announced on Tuesday that it will sell its Qiming Healthcare Life Science Industrial Park in Hangzhou, along with related land-use rights, to…
BRIEF: Q Technology’s camera module sales up 20% in October
Smartphone camera module maker Q Technology (Group) Co. Ltd. (1478.HK) said on Tuesday it sold 47.42 million camera modules in October, up 20.4% year-on-year and a 1.6% increase from September.…
NEWS WRAP: Hesai hits 2025 profit target one quarter ahead of schedule
The global leader in LiDAR solutions reported a record 256 million yuan profit in the third quarter, as its revenue and shipments grew significantly during the period By Teri…
NEWS WRAP: MediTrust Health says AI to empower better decision-making for insurers
The healthcare payor platform’s founder and CEO Seth Zhang said AI can help insurance companies boost their efficiency, but achieving consistent accuracy is a key obstacle By Doug Young…
BRIEF: CPE to invest $350 million to take control of Burger King China
Fast food giant Burger King’s parent, Restaurant Brands International (QSR.US), and Chinese private equity firm CPE announcedon Monday that they will form a joint venture, Burger King China, aimed at…
