GCL tries lithium battery materials in search of diversification
The solar materials maker plans to acquire 82% of sister company GCL Lithium Battery, paying with a combination of cash and shares Key Takeaways: GCL will acquire a battery cathode…
3800.HK
51World wins Nvidia’s nod. Now it just needs to translate that to sales
The company’s shares rallied 30% on its inclusion in an Nvidia driving simulation program, as its fast-growing simulation segment is on track to overtake its older digital twin business Key…
6651.HK
Gogox dumps China dream that failed to deliver
The Hong Kong-based delivery company is selling its Mainland Chinese business for a token 1 yuan, and is changing its name as it chases other global markets Key Takeaways: Gogx…
2246.HK
Hisense catches chill from cooling Chinese economy
The air conditioner and refrigerator maker’s revenue fell 8.8% in the third quarter, accelerating from a 5.2% decline in the first half of the year Key Takeaways: Hisense’s revenue fell…
0921.HK
000921.SHE
Xtep’s Saucony bright spot loses momentum as downward slide continues
The company reported that retail sell-through volume for its core namesake sport shoe brand fell by a mid-single-digit percentage in the third quarter Key Takeaways: Sales for Xtep’s namesake brand…
Dongshan Precision targets AI optics with Hong Kong listing
The maker of printed circuit boards is raising fresh cash from capital markets to fund an acquisition-led push into optical transceivers and chips for AI data centers Key Takeaways: Dongshan…
2384.HK
002384.SHE
FAST NEWS
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IPO 
Singapore marine services provider seeks Hong Kong share float
Pinnacle Marine is sailing into a cooling IPO market as rising administrative and selling expenses weigh on its profits Key Takeaways: Pinnacle Marine has filed for a Hong Kong listing,…
Infinigence takes its AI chip-translator pitch to Hong Kong investors
With ties to Tsinghua University, the AI infrastructure specialist has won backing from prominent tech and venture investors as it reportedly prepares for an IPO Key Takeaways: Infinigence has reportedly…
Gaw Capital builds new foundation on private real estate debt
The property investment specialist plans to list Hong Kong’s first real estate private debt fund, in a major financial milestone for the city Key Takeaways: Gaw Capital will set up…
Orbbec motors into rapidly cooling robotics IPO market
Stumbling sentiment towards robotics may force the company to discount its planned Hong Kong share sale to attract investors Key Takeaways: Orbbec has filed for a Hong Kong IPO, reporting…
New Energy 
Qingling switches gears with leasing deals to boost NEV sales
The loss-making Chinese truck maker is partnering with a finance provider and a dealership to offer vehicle installment plans, but the strategy comes with a catch Key Takeaways: Under…
Its stock slumping, Breton looks for life under mountain of debt
The company’s latest agreement will see it partner with an investment company to sell its mining-use electric dump trucks in three African countries Key Takeaways: Breton has authorized Inhoyi Investments…
China’s empty boardroom in Washington, and its crowded auto market at home
"The Chinese government has always been very slow in forcing substantial changes by way of mergers, acquisitions, or closure of enterprises." — on the historical hesitance of Chinese authorities to…
Consumer 
Hisense catches chill from cooling Chinese economy
The air conditioner and refrigerator maker’s revenue fell 8.8% in the third quarter, accelerating from a 5.2% decline in the first half of the year Key Takeaways: Hisense’s revenue fell…
Xtep’s Saucony bright spot loses momentum as downward slide continues
The company reported that retail sell-through volume for its core namesake sport shoe brand fell by a mid-single-digit percentage in the third quarter Key Takeaways: Sales for Xtep’s namesake brand…
Senior Material’s quarterly profit surges, but investors unimpressed
Lithium ion battery separator manufacturer Shenzhen Senior Technology Material Co. Ltd. (6067.HK; 300568.SZ) on Thursday reported its revenue surged 73.6% year-over-year to 1.84 billion yuan ($276 million) in the third quarter,…
Chinese firms face renewed scrutiny from Wall Street and at home
"I guess they tried to kill the monkey to scare the pigeons, but the pigeons didn't get scared." – on why Beijing may be expanding its antitrust investigation in the…
LDRobot chases European opening with low-cost acquisition
The company plans to buy a garden equipment maker for a bargain price, aiming to expand its own lawnmower sales by leveraging the German company’s channels Key Takeaways: LDRobot plans…
Healthcare/biotech 
AcroBiosystems leans on overseas sales in renewed Hong Kong listing bid
The company leads the field for recombinant proteins among its domestic peers, but overseas companies dominate the international market Key Takeaways: AcroBiosystems has applied to list in Hong Kong, reporting…
Pomdoctor lands in crosshairs of Nasdaq’s ‘pump and dump’ cleanup
The company has been targeted in an aggressive two-year-old campaign to delist suspicious Chinese companies from Wall Street Key Takeaways: Pomdoctor said it has been notified by the Nasdaq that…
Hengrui makes headway with novel drugs but investors bide their time
A cancer drug developed by the Chinese firm has entered the European regulatory process and Novo Nordisk has bought rights to a potential weight-loss therapy Key Takeaways: Hengrui Pharma’s cancer…
Hansoh’s overseas ambitions tested as EU stalls cancer drug sales
The Chinese firm has lost its regulatory approval to sell a lung cancer drug in Europe over a data-protection error, and must reset the clock on the launch process Key…
Finance 
Got change? Lexin’s penny-stock plunge reflects sinking fortunes for China fintechs
The online loan facilitator faces a potential delisting after its American depositary shares traded below $1 for 30 consecutive business days Key Takeaways: Lexin’s American depositary shares could be delisted…
OPay rings up Nigeria digital payment prowess for Wall Street investors
The Singapore-based digital payment company has filed to list in New York, offering strong profits from its digital payment services in Nigeria Key Takeaways: OPay has filed for an IPO…
Its business stabilized, Cango signs first customer for its new AI business
The company’s bitcoin mining business held steady in the second quarter, as its first high-performance computing center was ready to receive customers in July Key Takeaways: Cango completed its overhaul…
Canaan gets doubly squeezed in latest crypto downturn
The cryptocurrency mining machine maker’s revenue plunged and its net loss ballooned in the second quarter as its product sales and mining income both tumbled Key Takeaways: Canaan’s revenue from…
Ecommerce 
World Road faces bumpy path to Nasdaq listing
The cross-border logistics company has quadrupled the size of its IPO in response to new rules seeking to stamp out suspicious new Chinese listings, seeking to raise $33 million Key…
Vatai delivers new e-commerce story with focus on cross-border trade
The provider of compliance services for cross-border e-commerce companies has filed to list in Hong Kong, boasting 66% revenue growth in the first half of this year Key Takeaways: Vatai…
JD.com slows its bleeding, but investors want growth
The e-commerce giant has reduced the pain from its entry to food delivery, but weak retail sales and crowded new battlefields show its next growth engine remains elusive Key Takeaways:…
State subsidies and partner panic: What the latest cross-border deals reveal about business in China
From European regulatory scrutiny to sudden licensee changes, multinational deals are facing new tests of trust and transparency Key Takeaways: European regulatory scrutiny over JD.com’s Ceconomy acquisition reflects a new…
AI/Infrastructure/Resources 
51World wins Nvidia’s nod. Now it just needs to translate that to sales
The company’s shares rallied 30% on its inclusion in an Nvidia driving simulation program, as its fast-growing simulation segment is on track to overtake its older digital twin business Key…
GCL tries lithium battery materials in search of diversification
The solar materials maker plans to acquire 82% of sister company GCL Lithium Battery, paying with a combination of cash and shares Key Takeaways: GCL will acquire a battery cathode…
Gogox dumps China dream that failed to deliver
The Hong Kong-based delivery company is selling its Mainland Chinese business for a token 1 yuan, and is changing its name as it chases other global markets Key Takeaways: Gogx…
Dongshan Precision targets AI optics with Hong Kong listing
The maker of printed circuit boards is raising fresh cash from capital markets to fund an acquisition-led push into optical transceivers and chips for AI data centers Key Takeaways: Dongshan…
