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…
FAST NEWS: New Oriental boosts East Buy stake for fourth time this year
The Latest: New Oriental (EDU.US; 9901.HK) purchased 1 million shares of its East Buy Holding Ltd. (1797.HK) subsidiary for an average price of HK$17.39 on April 24, according to a new…
Sunho Biologics gets green light for downsized IPO
The loss-making developer of cancer immunotherapies raised just enough financing last year to cross the valuation threshold for a Hong Kong listing Key Takeaways: Sunho Biologics has no revenue or…
Hillhouse boosts Longi position after probe, as it pivots to global focus
The private equity firm was told by China’s securities regulator to buy back shares in the solar company after selling them without the necessary disclosure Key Takeaways: Hillhouse Capital has…
FAST NEWS: New Higher Education’s profit rises on business expansion
The Latest: Private vocational educator China New Higher Education Group Co. Ltd. (2001.HK) said its profit rose 10.6% to 432 million yuan ($59.6 million) during the first half of its fiscal year through February,…
Is Baozun’s risky leap into brand management starting to pay off?
The provider of e-commerce services says it is turning the corner in its ‘journey of transformation’ Key Takeaways: Baozun’s revenues rose 5% last year following its acquisition of Gap China,…
New Horizon Health launches probe into disputed sales figures
The provider of cancer-screening products issued a positive profit alert in January, but the full earnings report has yet to appear after auditors raised questions about the company’s revenues Key…
FAST NEWS: Chabaidao’s weak debut bodes poorly for stream of new bubble tea stocks
The Latest: Shares of Sichuan Baicha Baidao Industrial Co. Ltd. (2555.HK), also known as Chabaidao, fell 26.9% from their IPO price of HK$17.50 to close at HK$12.80 in their Tuesday…