AiHuiShou’s Q2 Revenue Rises 56%, Fueled by Growing Electronics Recycling Network
Company releases first ESG report alongside its maiden earnings, aiming to spotlight its role in achieving China’s carbon-reduction goals Key points: AiHuiShou posts 56% revenue growth in its latest reporting…
Starbucks clears its China tables, as the robotics bubble quietly deflates
"There’s no way they can compete with Luckin Coffee and a cup of coffee at 9 yuan, They’ve got to go for the premium experience" – on Starbucks' decision to…
Electronic materials growth lifts Red Avenue’s nine-month profit 5.7%
New materials manufacturer Red Avenue New Materials Group Co. Ltd. (9607.HK; 603650.SH) reported on Tuesday that its revenue rose 29.37% year-on-year to 3.26 billion yuan ($489 million) in the first…
Dongshan Precision flat in Hong Kong trading debut
Shares of printed circuit board, precision component and optical module maker Suzhou Dongshan Precision Manufacturing Co. Ltd. (2384.HK; 002384.SZ) opened 5% below their IPO price in their trading debut on…
Pop Mart’s bubble bursts with fading Labubu craze
The company’s third-quarter revenue plunged between 45% and 50%, led by drops of more than 65% in its Asia Pacific and Americas markets Key Takeaways: Pop Mart’s third-quarter revenue fell…
Forex losses smudge Fuyao’s profit, as smart glass awaits volume growth
The automobile glass maker’s revenue rose marginally in the first three quarters, as it accelerates smart glass development to jumpstart its stalling growth Key Takeaways: Fuyao Glass' revenue rose 2.46%…
SPONSORED: KLN and Maxim’s: Growing Together for Nearly a Decade
Supporting the F&B Leader’s Expansion with KLN’s Extensive Asian Network Key Takeaways: KLN has supported Maxim’s expansion across Asia through cost-efficient and agile F&B logistics solutions, spanning cold chain, warehousing,…
New product sales drive Nexchip’s revenue up nearly 20% in third quarter
Wafer foundry Nexchip Semiconductor Corp. (2249.HK; 688249.SH) reported on Monday that its revenue rose 19.57% year-on-year to 3.25 billion yuan ($533 million) in the third quarter, while its profit increased…