How JS Global is trumping a global trade war
The small kitchen appliance maker reported a profit rebound last year as it winds down a relationship with its U.S. affiliate and focuses on growing in the Asia-Pacific region Key…
Forget appliances, it’s all about AI for Qidian Guofeng
The jack-of-all-trades group is disposing of a loss-making legacy business after leaping onto the AI business bandwagon Key Takeaways: The company, with interests from education to traditional Chinese liquor, has…
Woke Technology eyes Hong Kong IPO to rouse Southeast Asian business
The cross-border e-commerce company has found a comfortable home in Indonesia, but has yet to find a place in the rest of a fragmented Southeast Asian market Key Takeaways: Woke…
BRIEF: Haier Smart Home profit climbs 13% in third quarter
Appliance maker Haier Smart Home Co. Ltd. (6690.HK; 600690.SH; 690D.DE) announcedon Thursday its revenue rose 9.5% year-on-year during the third quarter to 77.56 billion yuan ($10.89 billion), while its net…
BRIEF: Midea Group posts rising profit and revenue in third quarter
Home appliance manufacturer Midea Group Co. Ltd. (0300.HK, 000333.SZ) said on Wednesday that it’s revenue climbed 10% year-on-year to 111.9 billion yuan ($15.76 billion) in the third quarter, with net profit…
Is GigaCloud the latest ‘China Easter Egg’ on Wall Street?
The B2B e-commerce site’s stock jumped 30% after the release of its latest earnings report, which was filled with signs of turbulence from the U.S.-China trade war Key Takeaways: GigaCloud…
Aux Electric blows into Hong Kong with IPO application
The air conditioner maker’s low-price strategy has helped it win customers in China, while its OEM model has won over customers abroad Key Takeaways: Aux Electric achieved 20% revenue growth…