ATRenew polishes recycling credentials to record first profit
The recycling specialist has been profitable on a non-GAAP basis for the last two years, but made its first GAAP net profit in last year’s fourth quarter Key Takeaways: ATRenew’s…
RERE.US
Cirrus Aircraft: Flying too close to the heat of U.S.-China tensions?
The Chinese-owned, U.S.-based company has filed a second time to list in Hong Kong, aiming to become the exchange’s first aircraft manufacturing stock Key Takeaways: Cirrus Aircraft has filed for…
PODCAST: A China Bull Market, and Bottled Water Under Fire
After two years of suffering, Chinese stocks are showing some new signs of life. But is this fledgling bull market for real? And China's leading bottled water brand, Nongfu, has come under attack from nationalists for its red bottle caps said to look like the Japanese flag. How big a risk are such attacks, and is the problem worsening?
9633.HK
Yalla seeks major game publishers for ‘Act Two’ of its hardcore gaming foray
The Middle Eastern social media and gaming company’s revenue rose 7.7% in the fourth quarter, as its profit soared nearly 80% on better monetization and cost controls Key Takeaways: Yalla’s…
YALA.US
China loves cured meat. But will Wing Yip’s satisfy investor palates?
While its pork sausages and bacon-like smoked meats may seem niche outside China, they are big business in the world’s largest meat market Key Takeaways: Wing Yip has filed for…
Amer Sports aims to score another group winner after Fila jackpot
Amer Sports, spun off from Anta Sports, went public on the New York Stock Exchange on Feb. 1 Key Takeaways: Amer Sports reported revenue growth of 61% last year in…
AS.US
2020.HK
FAST NEWS
Discover hidden China stock gems in our weekly newsletter
IPO
Cirrus Aircraft: Flying too close to the heat of U.S.-China tensions?
The Chinese-owned, U.S.-based company has filed a second time to list in Hong Kong, aiming to become the exchange’s first aircraft manufacturing stock Key Takeaways: Cirrus Aircraft has filed for…
China loves cured meat. But will Wing Yip’s satisfy investor palates?
While its pork sausages and bacon-like smoked meats may seem niche outside China, they are big business in the world’s largest meat market Key Takeaways: Wing Yip has filed for…
900340.KQ
Belle Fashion: Back in vogue, or yesterday’s shoes in new wrapping?
China’s largest fashion footwear retailer, now ‘transformed,’ has filed to relist in Hong Kong nearly seven years after being privatized Key Takeaways: Belle Fashion has filed for a Hong Kong…
Lesi Group underwhelms with IPO in crowded online ad market
The Chinese provider of mobile advertising services has finally won IPO approval at the fourth attempt, but faces a muted market reception Key Takeaways: Lesi Group’s revenue has been growing…
New Energy
PODCAST: US Targets China EVs, and the Passing of a Beverage Tycoon
President Joe Biden has launched an investigation into whether Chinese new energy vehicles could pose a national security threat. And beverage tycoon Zong Qinghou is dead at the age of 79.
Shanghai Refire hitches ride on Beijing’s green ambitions train as it eyes Hong Kong IPO
The maker of hydrogen cells has applied to list in Hong Kong, reporting rapid growth for its products as Beijing pushes to reduce greenhouse gas emissions Key Takeaways: Shanghai Refire…
Now all grown up, should Daqo consider privatizing?
The polysilicon maker has more than enough cash to purchase all of its outstanding shares, as its stock remains stubbornly undervalued by investors Key Takeaways: Daqo’s output rose 80% in…
DQ.US
PREMIUM CONTENT
Consumer
PODCAST: A China Bull Market, and Bottled Water Under Fire
After two years of suffering, Chinese stocks are showing some new signs of life. But is this fledgling bull market for real? And China's leading bottled water brand, Nongfu, has come under attack from nationalists for its red bottle caps said to look like the Japanese flag. How big a risk are such attacks, and is the problem worsening?
9633.HK
ATRenew polishes recycling credentials to record first profit
The recycling specialist has been profitable on a non-GAAP basis for the last two years, but made its first GAAP net profit in last year’s fourth quarter Key Takeaways: ATRenew’s…
RERE.US
Cirrus Aircraft: Flying too close to the heat of U.S.-China tensions?
The Chinese-owned, U.S.-based company has filed a second time to list in Hong Kong, aiming to become the exchange’s first aircraft manufacturing stock Key Takeaways: Cirrus Aircraft has filed for…
China loves cured meat. But will Wing Yip’s satisfy investor palates?
While its pork sausages and bacon-like smoked meats may seem niche outside China, they are big business in the world’s largest meat market Key Takeaways: Wing Yip has filed for…
900340.KQ
Amer Sports aims to score another group winner after Fila jackpot
Amer Sports, spun off from Anta Sports, went public on the New York Stock Exchange on Feb. 1 Key Takeaways: Amer Sports reported revenue growth of 61% last year in…
AS.US
2020.HK
Healthcare/biotech
Stock disconnect triggers investor exodus from CStone Pharma
The share price fell nearly 40% in a week after the drugs company was dropped from a scheme allowing mainland investors to trade Hong Kong-listed stocks Key Takeaways: CEO Jason…
2616.HK
BeiGene still bleeding red ink despite blockbuster drug
The Chinese developer of next-generation cancer treatments is raking in huge returns from its flagship drug, but R&D and sales costs keep rising Key Takeaways: The Chinese biotech reported a…
BGNE.US
6160.HK
688235.SHG
Profit setback for Simcere Pharma in novel drugs quest
The pharmaceutical company’s profits have been buffeted by erratic returns on an equity stake in a fellow developer of innovative drugs Key Takeaways: Simcere Pharmaceutical holds a 9% stake in…
2096.HK
With no cure in sight, drugs firm LianBio begins exit strategy
The biotech, which obtained rights to novel drugs for use in the Chinese market, has announced a plan to wind up its business and delist from the Nasdaq just four…
LIAN.US
Finance
PODCAST: A China Bull Market, and Bottled Water Under Fire
After two years of suffering, Chinese stocks are showing some new signs of life. But is this fledgling bull market for real? And China's leading bottled water brand, Nongfu, has come under attack from nationalists for its red bottle caps said to look like the Japanese flag. How big a risk are such attacks, and is the problem worsening?
9633.HK
Legend Holdings shows diversification isn’t always a winning formula
The investment holding company warned it will post a large loss for 2023, as losses from some assets may outweigh declining profits at others Key Takeaways: Legend Holdings warned that…
3396.HK
Reversing the Slide – Bamboo Works 2023 Year in Review Special Report
By Brent Li To understand how offshore-listed Chinese stocks did in 2023, we need to look back a year earlier to when the Chinese landscape was pocked with widespread pandemic…
Hoping for better luck, HK stocks enter the Year of the Dragon
The Hang Seng Index plunged 28.6% in the year of the rabbit, hurt by China’s slow economic recovery and simmering tensions with the United States. Investors will be looking for…
9988.HK
0388.HK
Ecommerce
Facing winter at home, Cango looks overseas
The auto-trading platform operator unveiled a new service for overseas dealers aiming to import used Chinese cars Key Takeaways: Cango has launched a new app, AutoCango, to facilitate the export…
CANG.US
Lesi Group underwhelms with IPO in crowded online ad market
The Chinese provider of mobile advertising services has finally won IPO approval at the fourth attempt, but faces a muted market reception Key Takeaways: Lesi Group’s revenue has been growing…
In tight times, Vipshop wows investors with dividend policy
The discount e-commerce company, which has been consistently profitable since 2013, said it will return $250 million to investors through a dividend this year Key Takeaways: Vipshop said it will…
VIPS.US
Meituan prepares for overseas voyage with CEO Wang Xing as captain
The online-to-offline service provider’s founder will personally lead his company’s global pivot, hoping to imitate the success of other Chinese internet majors Key Takeaways: Meituan is launching a major restructuring…
3690.HK
Infrastructure/Resources
Cirrus Aircraft: Flying too close to the heat of U.S.-China tensions?
The Chinese-owned, U.S.-based company has filed a second time to list in Hong Kong, aiming to become the exchange’s first aircraft manufacturing stock Key Takeaways: Cirrus Aircraft has filed for…
GDS preparing to spin off its global business?
The data center operator is reportedly in talks to sell a stake in its fast-expanding global operation to several major investors, including Hillhouse and Boyu Capital Key Takeaways: GDS is…
9698.HK
GDS.US
Tuya’s losses narrow, but stock still looks pricey
The internet of things services provider’s gross margin hit a record high last quarter and its loss narrowed on strong performance for its platform as a service business Key Takeaways:…
2391.HK
Full Truck Alliance goes full throttle on user acquisitions
The trucking platform operator boosted its sales and marketing spending 50% in the fourth quarter, double the rate of its revenue growth Key Takeaways: Full Truck Alliance’s revenue rose 25.3%…
YMM.US