BRIEF: Dmall raises $50 million in share placement at 10% discount
Retail digital services provider Dmall Inc. (2586.HK) said on Wednesday it placed 35.4 million shares at a price of HK$11.10 per share, equal to about 3.93% of its currently issued…
BRIEF: Pop Mart profit quadruples on overseas growth, popular toys
Leading collectible toy brand Pop Mart International Group Ltd. (9992.HK) announced on Tuesday that its revenue rose 200% or more year-on-year in the first half of this year. It said…
INDUSTRY BRIEF: China smartphone shipments sink 4% in second quarter
Smartphone shipments in China fell 4% in the second quarter, ending six consecutive quarters of growth, as the effects of government subsidies started to fade and manufacturers cleared out inventory,…
BRIEF: Shandong Gold profit surges in first half of 2025
Gold producer Shandong Gold Mining Co. Ltd. (1787.HK; 600547.SH) announced on Monday that it expects to report an interim net profit of 2.55 billion yuan ($356 million) to 3.05 billion…
BRIEF: 361 Degrees retail sales, e-commerce revenue up in second quarter
Sportswear brand 361 Degrees International Ltd. (1361.HK) said on Monday that revenue for its core branded products and Kid's brands both grew 10% in the second quarter from a year…
BRIEF: Q Tech interim profit soars on strong high-end camera module sales
Smartphone camera module maker Q Technology (Group) Co. Ltd. (1478.HK) announced on Thursday that it expects to report its net profit for the first half of this year to increase…
BRIEF: GAC-Stellantis joint venture officially declared bankrupt
Guangzhou Automobile Group Co. Ltd. (2238.HK; 601238.SH) and Stellantis (STLA.US), the world’s fourth-largest automaker, on Tuesday said court overseeing the liquidation of their joint venture, GAC Fiat Chrysler Automobiles Co.…
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