BRIEF: Apple supplier Luxshare considers Hong Kong listing
Shenzhen-listed consumer electronics maker Luxshare Precision Industry Co. Ltd. (002475.SZ) is reportedly considering a second listing in Hong Kong this year to raise between $2 billion and $3 billion, according…
BRIEF: iPhone supplier Lens Technology eyes Hong Kong IPO
Shenzhen-listed mobile phone glass supplier Lens Technology Co. Ltd. (300433.SZ) announced on Thursday it plans to list in Hong Kong, aiming to advance its global strategic layout, enhance its international…
BRIEF: Alibaba to develop AI-powered iPhone with Apple for China
Alibaba Group Holding Ltd. (BABA.US; 9988.HK) and Apple Inc. (AAPL.US) have reportedly agreed to jointly develop and produce an iPhone equipped with artificial intelligence (AI) capabilities for the Chinese market,…
Trade-in ‘chic’ helps boost ATRenew to first operating profit
The recycling specialist’s revenue rose 24.4% in the third quarter, as it reported profits on both a net and operating basis for the first time Key Takeaways: ATRenew’s revenue rose…
ATRenew posts market-defying growth as partnerships with JD.com, Apple advance
The company’s revenue grew 27% in the second quarter, as it deepened its collaboration to promote recycling with JD.com Key Takeaways: ATRenew posted strong revenue growth in the second quarter…
Sunny Optical’s profit surprise overshadowed by competition concerns
An upside profit alert from the lens supplier to Apple failed to excite investors, who may fear a growing challenge from a Taiwanese rival Key Takeaways: Sunny Optical said it…
ATRenew feeds on national recycling campaign, strong JD.com ties
The company’s revenue rose 27% in the first quarter and it forecast similar growth ahead, as it benefits from a stepped-up Beijing campaign to promote more recycling Key Takeaways: ATRenew…
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