Investor gold rush burnishes profits at Zhaojin Mining
The mining company’s profits more than doubled in the first half of the year, boosted by a safe-haven rally on the gold market, but risks remain for investors Key Takeaways:…
1818.HK
China East Education feasts on growing demand for skilled workers
The leading provider of vocational education services posted 10% revenue growth in the first half of the year, as its profit jumped nearly 50% Key Takeaways: China East Education’s revenue…
0667.HK
Daqo looks to new government campaign to revive slumping solar sector
The leading polysilicon maker said its prices continued to fall to well below production costs in the second quarter as it produced at just a third of capacity Key Takeaways:…
DQ.US
688303.SHG
How China’s AI model applications are driving a new business landscape
AI competition is shifting from models to applications, creating new opportunities in consumer and enterprise markets while reshaping industries LeadLeo Research Institute As the rollout of new AI model…
Precision cancer drugs show promise for Kelun-Biotech
The company reported rising sales of its signature cancer drug and could get national insurance coverage for other key products, potentially boosting full-year earnings Key Takeaways: Topline revenue actually fell…
6990.HK
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IPO 
ShanH seeks IPO recharge after years of losses
The smartphone recycler has filed a third time to list in Hong Kong, hoping to jump on a surging market for new public offerings Key Takeaways: ShanH has filed to…
Creality builds up three-dimensional IPO with low-cost 3D printer story
The company has filed to list in Hong Kong, helping to build a mass market for 3D printers costing as little as $199 each Key Takeaways: Hong Kong IPO candidate…
Ab&B fortifies for battle over China’s vaccine market
With proceeds from a Hong Kong IPO, the loss-making biotech is bidding for a piece of China’s fiercely competitive market for flu and human rabies vaccines Key Takeaways: The company’s…
In EV battery race, Sunwoda boasts edge with profitable consumer business
The company has filed for a Hong Kong IPO, seeking new funds to support development of its EV battery business Key Takeaways: Sunwoda is seeking funds from a Hong Kong…
New Energy 
Daqo looks to new government campaign to revive slumping solar sector
The leading polysilicon maker said its prices continued to fall to well below production costs in the second quarter as it produced at just a third of capacity Key Takeaways:…
China plays defense on EV batteries, offense on hydrogen
China rolls out new rules restricting the export of cutting-edge technology for EV battery manufacturing. How will this affect Chinese battery makers setting up factories abroad? And hydrogen fuel cell maker Refire reports its revenue fell 10% in the first half of the year. What does this say about a Chinese sector that's getting huge government support, but has yet to find a mass audience?
Refire strings along investors with hydrogen hype
The maker of hydrogen fuel cell systems reported its revenue continued to contract in the first half of 2025, though at a lower rate than last year Key Takeaways: Shanghai…
Consumer 
ATRenew pumps up revenue, profits on leaner recycling
The company’s revenue grew 32% in the second quarter, its fastest rate in two years, as it stepped up an aggressive expansion of its offline store network Key Takeaways: ATRenew’s…
Meituan drives to Brazil in search of growth, only to crash into Chinese rival DiDi
The two Chinese internet giants have sued each other in South America’s largest nation over unfair competition related to their food delivery businesses Key Takeaways: Meituan and DiDi filed lawsuits…
Clearing regulatory air lifts RLX back to healthy growth
The vaping company reported its revenue rose 40% in the second quarter, helped by a new acquisition in Europe, as it explores other smokeless products Key Takeaways: RLX’s revenue and…
ShanH seeks IPO recharge after years of losses
The smartphone recycler has filed a third time to list in Hong Kong, hoping to jump on a surging market for new public offerings Key Takeaways: ShanH has filed to…
China’s changing tastes buffet western brands as Ant Group faces old headwinds
Burger King withdraws from Hong Kong and Ant Group's purchase of a Hong Kong brokerage is getting extra scrutiny.
Healthcare/biotech 
Precision cancer drugs show promise for Kelun-Biotech
The company reported rising sales of its signature cancer drug and could get national insurance coverage for other key products, potentially boosting full-year earnings Key Takeaways: Topline revenue actually fell…
Baiyunshan serves up high dividend in lieu of vanilla results
Profits from the company’s Great Health segment rose 14% in the first half of 2025, primarily driven by strong results for its popular Wanglaoji herbal tea Key Takeaways: Baiyunshan’s revenue…
Investors pile into CANbridge stock but can the rally last?
The maker of drugs for rare diseases has enjoyed an explosive rise in its share price, helped by a partnership deal and Chinese moves to widen access to costly therapies…
XtalPi scores landmark deal for AI drug discovery
The biotech has partnered with U.S. firm DoveTree in a collaboration worth up to $5.99 billion, adding to a slew of major deals for Chinese research firms this year Key…
Finance 
Is Futu’s bull run nearing an end?
The brokerage’s stock has more than doubled since the start of the year, as it records strong revenue and profit growth fueled by heavy trading volumes Key Takeaways: Futu reported…
China’s changing tastes buffet western brands as Ant Group faces old headwinds
Burger King withdraws from Hong Kong and Ant Group's purchase of a Hong Kong brokerage is getting extra scrutiny.
Mainland regulators trip up Ant Group – again
Hong Kong’s Bright Smart Securities says its plan to be acquired by Ant is progressing on schedule, but a media report suggests the deal may face greater regulatory scrutiny Key…
Will new investor Goldstream bring its Midas touch to Saint Bella?
The investment company disclosed its purchase of 0.3% of the maternity and baby care company’s stock on the open market Key Takeaways: Goldstream Investment acquired 1.83 million Saint Bella shares,…
Ecommerce 
Meituan drives to Brazil in search of growth, only to crash into Chinese rival DiDi
The two Chinese internet giants have sued each other in South America’s largest nation over unfair competition related to their food delivery businesses Key Takeaways: Meituan and DiDi filed lawsuits…
Work in progress: East Buy reinvents itself – again
The former educator-turned-livestreaming e-commerce company is trying to become an online version of discount specialist Sam’s Club with its own private label business Key Takeaways: East Buy returned to profitability…
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…
Autohome deflated by plunging ad sales, car price wars
The car-trading services provider reported a fourth consecutive quarter of revenue decline in the second quarter, as its gross margin plunged more than 10 percentage points Key Takeaways: Autohome’s revenue…
AI/Infrastructure/Resources 
Investor gold rush burnishes profits at Zhaojin Mining
The mining company’s profits more than doubled in the first half of the year, boosted by a safe-haven rally on the gold market, but risks remain for investors Key Takeaways:…
ZTO waits for ebb of ‘race to the bottom’ in struggle to balance revenue, profits
The logistics provider’s profit fell in the first half of 2025 as rising costs and falling prices outweighed growing parcel volume Key Takeaways: ZTO's parcel volume increased 17.7% year-on-year to…
Yeahka targets Japan in push for international payments business
The Chinese payment services firm has been authorized to handle credit card and QR transactions in Japan, but can it crack the notoriously tricky market? Key Takeaways: The company has…
Full Truck Alliance gets new lesson in economics
The trucking company warned that a planned rate hike for its freight brokerage services could lead to a significant decline in that business, which could ‘adversely affect’ its profits Key…
