Transsion’s Hong Kong listing plan cleared by CSRC
China’s securities regulator announced on Friday it has formally registered the Hong Kong IPO application from Shenzhen Transsion Holdings Co. Ltd. (688036.SH), clearing a key regulatory hurdle for the cellphone…
ATRenew launches globalization with B2B marketplace, consumer brand, and Hong Kong store
Recycler ATRenew Inc. (RERE.US) on Tuesday opened its first store in Hong Kong and launched FoneSquare, a global B2B marketplace, and B2C consumer-facing “ReRe” brand, taking its first steps outside…
Global smartphone shipments sag in second quarter, as budget brands suffer most
Global smartphone shipments fell 6.7% in the second quarter of 2026, as lower-cost brands like Xiaomi (1810.HK), Vivo and Oppo suffered double-digit declines after soaring memory costs forced them to…
BRIEF: Huaqin posts solid first-quarter growth as diversification accelerates
Electronics manufacturer Huaqin Co. Ltd. (3296.HK; 603296.SH) reported double-digit first-quarter growth on Thursday, in its first financial results since its Hong Kong listing last week. The company said its revenue…
BRIEF: Lens Technology sees red on weak demand
Glass supplier Lens Technology Co. Ltd. (6613.HK; 300433.SZ) reported its revenue fell 17.13% year-on-year to 14.14 billion yuan ($2.07 billion) in the first quarter, as it slipped into the red…
INDUSTRY BRIEF: Chinese smartphone makers bear the brunt of soaring memory prices
Global smartphone shipments fell 4.1% year-on-year to 289.7 million units in the first quarter, as China’s top three players lost market share to global leaders Apple (AAPL.US) and Samsung (005930.KS),…
Could memory chip shortage imperil FIH Mobile’s return to the black?
The smartphone arm of electronics giant Foxconn benefited from increased shipments to a key customer last year, as it reported an annual net profit of $52.73 million Key Takeaways: FIH…
