JL Mag fortified by strategic status of rare earths in U.S.-China trade war
The state-owned maker of rare earth magnets reported strong profit growth in the first quarter, reversing two years of declines Key Takeaways: As a maker of rare earth magnets that…
Apollo Future: A smart car dreamer in jeweler’s clothing?
With only two vehicles delivered in 2024, the company’s vision of transforming from a watch and jewelry seller to maker of high-tech electric cars looks dubious Key Takeaways: Apollo Future…
Microvast zooms with turbocharged margin gains
The EV battery maker reported a huge increase in its gross profit margin last year, a significant achievement that can help it stand out in a crowded field Key Takeaways:…
TikTok in limbo, and Xiaomi’s EV crisis
Two prominent Chinese tech giants, TikTok and Xiaomi, currently face separate but equally critical crises, each testing their resilience overseas and at home. While TikTok battles regulatory uncertainty in the U.S. amid national security concerns, Xiaomi is confronting repercussions of a tragic accident involving its electric vehicles and autonomous driving technology.
Niu Technologies gets charge from China’s consumer trade-in program
The electric scooter maker’s China unit sales rose 66% in the first quarter, while its global sales grew by just 6% on tariff headwinds Key Takeaways: Niu Technologies said its…
Pateo Connect revs up for IPO, belching widening losses and slumping margins
A mounting flow of red ink and external risks could turn off investors to one of China’s leading smart cockpit makers as it drives towards a Hong Kong listing Key…
A hydrogen listing, and a new China toy story
A young company called Scage is close to listing in New York through a backdoor SPAC merger. Is it really worth the high valuation it's seeking? And 52Toys has hired an investment bank for a Hong Kong IPO. Will it be able to sell investors on its toy story of rapid expansion and hot collectibles?
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