iQiyi names Tian Ying as new CFO
Online video platform iQiyi Inc. (IQ.US) named Tian Ying as its new CFO on Thursday, filling a position that was vacated in January when long-serving CFO Wang Jun stepped down…
Macao’s June gaming revenue falls nearly 20% month-over-month
Macao’s gross gaming revenue (GGR) slipped 12.1% year-over-year to 18.52 billion patacas ($2.29 billion) in June, the city’s Gaming Inspection and Coordination Bureau reported on Wednesday. The June figure was…
GreenTree revenue falls on weakness in hotel, restaurant businesses
Budget hotel operator GreenTree Hospitality Group Ltd. (GHG.US) on Tuesday reported its revenue fell 14% in the first quarter of 2026, as both its hotel and restaurant business declined amid…
Trip.com warns of ongoing antitrust probe as quarterly profit plunges
Online travel agent Trip.com Group Ltd. (9961.HK; TCOM.US) on Thursday reported its revenue rose 17% year-over-year in the first quarter to 16.2 billion yuan ($2.4 billion). But its profit took…
Xiaohongshu to file confidentially for Hong Kong IPO this month
Lifestyle platform Xiaohongshu, also known as RedNote, is preparing to confidentially file for a Hong Kong listing by the end of this month, with an aim to completing the IPO…
BRIEF: Hello Group’s booming offshore business fails to offset weakness at home
Dating app operator Hello Group Inc. (MOMO.US) on Tuesday reported its revenue fell 5.3% year-on-year in the first quarter to 2.39 billion yuan ($353 million), as continued weakness in its…
BRIEF: China Literature hikes stake in Wuhan YHKT to majority
Online literature platform China Literature Ltd. (0772.HK) said on Tuesday that it will acquire an additional 28.22% of Wuhan YHKT Entertainment Co. Ltd. from Tencent for 400 million yuan ($59.26…
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