Date | Title | Description |
29.06.2025 | Asia-Pacific markets trade mixed as investors parse a slew of data releases | This is CNBC’s live blog covering Asia-Pacific markets.
Asia-Pacific markets traded mixed Monday as investors parsed details on trade negotiations and a slew of data points, including South Korea and Japan’s industrial output figures for Ma... |
27.06.2025 | Vitasoy and Prudential: Navigating New Waters in Business and Insurance | In the bustling world of business, companies must adapt or risk being swept away. Vitasoy International Holdings Limited and Prudential General Insurance Hong Kong Limited are two players in this arena, each charting their course through sh... |
25.06.2025 | DL Holdings and ViaBTC Sign a Non-Binding Term Sheet for Strategic Cooperation in Digital Assets | HONG KONG SAR – Media OutReach Newswire – 25 June 2025 – DL Holdings Group Limited (1709.HK) issued a voluntary announcement to the Hong Kong Stock Exchange on June 24, 2025, stating that it has signed a non-legally binding term sheet with ... |
24.06.2025 | Vitasoy Announces Business Results for FY2024/2025 | Financial Highlights
12 months ended 31 March 2025 FY2024/25
HK$ Mn FY2023/24
HK$ Mn Change Change –
Net of
currency
impact
Revenue 6,274 6,217 +1 % +1 %
Gross Profit 3,218 3,111 +3 % +4 %
EBITDA 836 685 +22 % +23 %
Profit from Operations 3... |
05.06.2025 | Asia-Pacific markets trade mixed as investors digest Trump-Xi call | This is CNBC’s live blog covering Asia-Pacific markets.
Asia-Pacific markets traded mixed as investors assessed the phone call between U.S. President Donald Trump and Chinese President Xi Jinping.
Trump and Xi spoke on Thursday and agreed t... |
02.06.2025 | China’s Leapmotor and Huawei-backed Aito report record high deliveries in May as competition heats up | Stellantis-backed Leapmotor delivered a record 45,067 vehicles in May, reflecting year-on-year growth of 148%.
Industry giant BYD maintained its stronghold in the industry, with 376,930 cars sold in May.
Some startups such as Li Auto, Zeekr... |
01.06.2025 | Asia-Pacific markets mostly lower after Trump says he plans to double steel tariffs to 50% | This is CNBC’s live blog covering Asia-Pacific markets.
Asia-Pacific markets were mostly lower Monday after President Donald Trump told U.S. steelworkers that he will double tariffs on steel imports to 50%, effective from Wednesday.
Japan’s... |
29.05.2025 | China’s EV price war is heating up. What’s behind the big discounts? | Industry giant BYD announced a slew of discounts — some of nearly 30% or more – on selected models.
The average car price has fallen by around 19% over the past two years in China to around 165,000 yuan ($22,900).
Rather than reflecting mar... |
21.05.2025 | Market Turbulence: Navigating the Stormy Seas of Global Economics | The financial markets are like a restless ocean, constantly shifting and swirling. Recent events have stirred the waters, causing ripples across the globe. The U.S. stock market, once riding high, has taken a dip. The S&P 500 recently m... |
20.05.2025 | Shares in China’s CATL jump over 16% in Hong Kong debut after biggest IPO of the year | The IPO raised HK$35.7 billion ($4.6 billion) according to a company filing, reportedly making it the largest global listing in 2025.
CATL said in its Hong Kong filing that 90% of the funds raised will go toward building its upcoming factor... |
19.05.2025 | Asia-Pacific markets rise as investors parse China loan prime rate cut, RBA decision | This is CNBC’s live blog covering Asia-Pacific markets.
Asia-Pacific markets climbed Tuesday as China cut its key lending rates by 10 basis points in a move to boost its economy, at a time when trade tensions threaten to derail growth.
The ... |
11.05.2025 | Hong Kong stocks surge nearly 3% after U.S. and China unveil details of trade deal | This is CNBC’s live blog covering Asia-Pacific markets.
Asia-Pacific markets rallied Monday after China and the U.S. announced a trade deal, including a 90-day pause on tariffs and a drop in reciprocal tariffs by 115 percentage points.
“The... |
03.05.2025 | The Electric Surge: Xpeng's Triumph Amidst Industry Turbulence | The electric vehicle (EV) landscape is a battleground. In this arena, Xpeng Motors stands tall, delivering over 30,000 vehicles for six consecutive months. This achievement is not just a number; it’s a testament to resilience and innovation... |
02.05.2025 | China’s Xpeng delivers over 30,000 vehicles for the sixth consecutive month | Chinese electric vehicle maker Xpeng delivered 35,045 vehicles in April, sustaining its record of delivering more than 30,000 vehicles for the sixth consecutive month.
Leapmotor surpassed the 40,000-unit mark and delivered 41,039 vehicles.
... |
27.04.2025 | Asia-Pacific markets mixed as investors assess China’s promises to support industries | This is CNBC’s live blog covering Asia-Pacific markets.
Asia-Pacific markets traded mixed Monday as investors assessed China’s promises to support domestic businesses as well as developments in trade negotiations between the U.S. and countr... |
14.04.2025 | Asia-Pacific markets mostly rise after tech rally pushes Wall Street higher | This is CNBC’s live blog covering Asia-Pacific markets.
Asia-Pacific markets mostly rose Tuesday after all three key Wall Street benchmarks advanced overnight on a tech rally.
Japan’s benchmark Nikkei 225 climbed 0.84% to end the day at 34,... |
09.04.2025 | Chinese EV giant BYD expands in Europe with premium brand launch | Chinese electric car giant BYD is pushing ahead into Europe by launching its premium Denza brand in the region, despite rising trade tensions.
The first model, the Z9GT, is set to arrive in European showrooms in the fourth quarter of 2025, ... |
05.04.2025 | Why some EV researchers are skeptical of BYD’s fast charging tech | Chinese automaker BYD is rapidly seizing the title of the world’s leading name in electric vehicles.
It passed Tesla in global revenues in 2024 — though it sold slightly fewer EVs. Including hybrids, BYD’s volume is about twice that of its ... |
03.04.2025 | Xiaomi delivers record cars in March as winners emerge in China’s EV race | Xiaomi delivered a record number of electric vehicles in March, exceeding 29,000 units.
Xpeng and Leapmotor saw deliveries more than double in March from the same period last year.
Nio and Zeekr lag behind in deliveries as they struggle to ... |
27.03.2025 | The Looming Recession: A Ticking Time Bomb for the U.S. Economy | The specter of a recession looms large over the U.S. economy. Consumers and CFOs alike are bracing for impact. Surveys reveal a chilling consensus: the storm clouds of economic downturn are gathering. Yet, amidst this uncertainty, Wall Stre... |
27.03.2025 | Chinese consumer companies signal spending is picking up again | E-commerce giants have reported stronger year-on-year revenue growth in the last three months of 2024, indicating recovery in consumption growth — but not back to pre-pandemic levels.
However, the earnings released by certain companies reve... |
26.03.2025 | CNBC Daily Open: Consumers and CFOs alike are expecting a recession in the U.S. | The shadow of a U.S. recession is growing longer and darkening the outlook for both consumers and CFOs alike, according to various surveys tracking sentiment in March. That said, Wall Street has risen over the past three days — investors, p... |
26.03.2025 | CNBC Daily Open: Fears of a U.S. recession intensify among consumers and CFOs | The shadow of a U.S. recession is growing longer and darkening the outlook for both consumers and CFOs alike, according to various surveys tracking sentiment in March. That said, Wall Street has risen over the past three days — investors, p... |
25.03.2025 | Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion | China’s BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two EV rivals heats up.
“BYD has become an industry leader in every sector from batteries, electronics to new ene... |
24.03.2025 | Hong Kong’s Hang Seng index drops more than 2% as investors assess Trump tariff threats | This is CNBC’s live blog covering Asia-Pacific markets.
Asia-Pacific markets traded mixed Tuesday as investors assessed U.S. President Donald Trump’s tariff threats.
Hong Kong’s Hang Seng Index ended the day 2.35% lower at 23,344.25, while ... |
21.01.2025 | InnoCare, Keymed sell ex-China rights for bispecific to RTW-built biotech in $520M deal | Chinese biotechs InnoCare Pharma and KeyMed Biosciences have sold the international rights to a clinical-stage bispecific antibody to a new company created by RTW Investments for $17.5 million in near-term cash.
The CD20xCD3 antibody, known... |
20.12.2024 | HKBN Announces the Retirement of the former Board Chairman Bradley Jay Horwitz and Appointment of Cordelia Chung as the New Board Chairman | HONG KONG, Dec. 20, 2024 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Company"; SEHK stock code: 1310) has announced the retirement of Mr. Bradley Jay Horwitz, the former Chairman of the Board, effective from 12 December 20... |
17.12.2024 | Alibaba to sell full stake in offline shopping chain Intime Retail for $1 billion | Alibaba Group announced today that it has agreed to sell its entire stake in Intime Retail to a buyer consortium led by Youngor Group and Intime’s management team. According to publicly available information, the Chinese tech giant holds ar... |
26.11.2024 | Vitasoy Announces Business Results for 1H FY2024/2025 | Financial Highlights
6 months ended
30 September 2024 1H
FY2024/25
HK$ Mn 1H
FY2023/24
HK$ Mn Change Change –
Net of
currency
impact
Revenue 3,443 3,391 +2 % +2 %
Gross Profit 1,777 1,712 +4 % +4 %
Gross Profit Margin 51.6 % 50.5 % +1.1 ppt... |
17.08.2024 | The Race for Energy Supremacy: U.S. Ventures into Nuclear Battery Technology | In the world of energy, the race is on. The United States is stepping up its game with a bold collaboration between Kronos Advanced Technologies and Yasheng Group. Their mission? To develop a Nickel-63 nuclear battery that could redefine po... |
16.08.2024 | Lidar maker Robosense posts reduced loss, expects to break even by 2026 | Chinese automotive lidar startup Robosense said on Thursday its net loss narrowed by 65.2% to RMB 268 million ($37.3 million) for the first half of this year, while revenue more than doubled year-on-year to RMB 727 million thanks to surging... |
01.07.2024 | Hozon eyes Hong Kong IPO for lifeline amid price war in China | Chinese electric vehicle maker Hozon New Energy Automobile is poised to enter the public market, having recently filed an IPO to list on the Hong Kong Stock Exchange (HKEX).
As one of China’s leading carmakers, Hozon launched its brand, Net... |
26.06.2024 | Chinese EV startup Hozon files paperwork to float on HK stock market | China’s Hozon Auto on Wednesday lodged its prospectus with the Hong Kong securities regulators, hoping to become a publicly traded electric vehicle maker in the country following similar listings from mainland counterparts NIO, Xpeng Motors... |
20.06.2024 | Vitasoy Announces its Business Results for FY2023/2024 | Financial Highlights
12 months ended 31 March 2024 FY2023/24
HK$ Mn FY2022/23
HK$ Mn Change Change –
Net of currency and COVID-19 related government subsidies impact
Revenue 6,217 6,341 -2 % +1 %
Gross Profit 3,111 3,012 +3 % +7 %
EBITDA 68... |
12.06.2024 | Meituan launches new $2 billion share buyback program to boost stock value | Chinese food delivery giant Meituan on Tuesday announced a plan to buy back shares valued up to $2 billion, with the board saying it believes that the company’s existing financial resources are “sufficient” to support share repurchases whil... |
31.05.2024 | Private equity's push-pull with health care IT | figcaption>span]:font-sans">
Private equity closed a quarter fewer health care IT (HCIT) deals in Q1 than in the same period last year — despite wanting more exposure to the sector, a PitchBook report finds.
Why it matters: The n... |
08.05.2024 | DPC Dash - Domino's Pizza China Releases 2023 ESG Report Demonstrating Strong Commitment to Sustainability and Stakeholder Engagement | HONG KONG, May 8, 2024 /PRNewswire/ -- DPC Dash – Domino's Pizza China ("DPC Dash" or the "Company") (1405.HK), Domino's Pizza's exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Reg... |
08.05.2024 | DPC Dash - Domino's Pizza China Releases 2023 ESG Report Demonstrating Strong Commitment to Sustainability and Stakeholder Engagement | HONG KONG, May 8, 2024 /PRNewswire/ -- DPC Dash – Domino's Pizza China ("DPC Dash" or the "Company") (1405.HK), Domino's Pizza's exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Reg... |
29.04.2024 | DPC Dash - Domino's Pizza China Releases 2023 Annual Report | HONG KONG, April 29, 2024 /PRNewswire/ -- DPC Dash – Domino's Pizza China ("DPC Dash" or the "Company") (1405.HK), Domino's Pizza's exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative ... |
27.03.2024 | Volkswagen, BYD supplier Horizon Robotics files for Hong Kong IPO | China’s Horizon Robotics, a provider of in-car technologies to major automakers like Volkswagen and BYD, has filed to sell an undisclosed amount of shares in Hong Kong. The move aims to capitalize on the increasing consumer demand for auton... |
25.03.2024 | Auto chipmaker Black Sesame renews Hong Kong IPO application | Black Sesame Technologies, a Chinese startup specializing in chips for autonomous driving, has renewed its application to Hong Kong Exchanges for an initial public offering, according to an official release by the bourse on March 22. Backed... |
04.03.2024 | Regulatory approvals granted for the public offer in Essity's subsidiary Vinda | Regulatory approvals granted for the public offer in Essity's subsidiary Vinda
Mon, Mar 04, 2024 15:59 CET Report this content
Today, Isola Castle Ltd, together with Vinda International Holdings Limited (Vinda), announced that the required ... |
20.02.2024 | Auntea Jenny becomes next Chinese tea brand to pursue Hong Kong IPO | On February 14, Auntea Jenny submitted its listing application to the Hong Kong Stock Exchange, officially joining the tea brand IPO trend. Following in the footsteps of ChaPanda (also known as Chabaidao), GoodMe (also known as Guming), and... |
03.01.2024 | Xpeng-backed startup aims for flying car production by 2025 | Xpeng Aeroht, a Chinese startup backed by Xpeng Motors, is aiming for volume production of its electric passenger drones in the fourth quarter of 2025, with the electric vehicle maker set to work on the final assembly of what they describe ... |
14.12.2023 | I've spent the past decade tutoring old-money families in Hong Kong. There are 3 things I've learned about the world of big money in Asia. | Culture I've spent the past decade tutoring old-money families in Hong Kong. There are 3 things I've learned about the world of big money in Asia.
Kai Xiang Teo
2023-12-14T06:36:04Z
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14.12.2023 | Boyaa Interactive’s Big Leap: Embracing Bitcoin and Ether to Balance Sheet With $100M Investment | Get the latest Bitcoin News on The Bitcoin News
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21.11.2023 | Vitasoy Announces Business Results for 1H FY2023/2024 | Financial Highlights
6 months ended
30 September 2023 1H FY2023/24
HK$ Mn 1H FY2022/23
HK$ Mn Change Net of currency impact and COVID-19 related government subsidies
Revenue 3,391 3,642 -7 % -3 %
Gross Profit 1,712 1,738 -1 % +3 %
EBITDA 42... |
17.11.2023 | Carbonis Inc. Partners with TL Natural Gas Holdings to Forge a Path for Sustainable Corporate Practices | SHERIDAN, WYOMING , UNITED STATES, November 17, 2023 /EINPresswire.com/ -- Carbonis Inc., a leading consulting firm specializing in carbon credit solutions, is proud to announce a comprehensive collaboration with TL Natural Gas Holdings Lim... |
14.11.2023 | FTX, BlockFi claims settlement allowed to proceed, judge declares
Tether credits USDT growth surge to ETF excitement, emerging markets
How this decentralized social media platform plans to bring the... | Bankrupt crypto companies FTX and BlockFi are allowed to proceed in negotiations for their claims settlement, according to a new court filing.
On Nov. 13, United States bankruptcy Judge Michael Kaplan ordered the end of an automatic holding... |
14.11.2023 | Blockchain.com $110M funding round halves its 2022 valuation: Report
Delaware authorities refer fake BlackRock XRP trust filing to state’s Justice Department
How this all-in-one app bridges the gap ... | Crypto exchange and wallet provider Blockchain.com closed a $110-million Series E financing round, an investment that more than halves its previous 2022 valuation of $14 billion.
In a Nov. 14 blog post, Blockchain.com said the closing of it... |
14.11.2023 | Owner of Hong Kong crypto exchange OSL secures $90M investment
Swan Bitcoin to terminate customer accounts that use crypto-mixing services
Privacy-first, copyright-friendly content is key to driving... | BC Technology Group, the operator of Hong Kong’s publicly listed cryptocurrency exchange OSL, has announced a significant investment from industry firm BGX.
BC Technology entered into a partnership with BGX, which agreed to subscribe for sh... |
14.11.2023 | Uniswap launches Android wallet app with built-in swap function
Animoca eyes SportFi ecosystem, becomes Chiliz Chain validator
Privacy-first, copyright-friendly content is key to driving Web3 adopti... | Uniswap Labs has publicly released an Andriod mobile wallet app with built-in swap capability on the Google Play store.
The new app allows users to make swaps through the decentralized exchange (DEX) from within the app, eliminating the nee... |
18.10.2023 | BC Technology Refutes ‘Factually Inaccurate and Highly Misleading’ OSL Sale Reports | Hong Kong’s BC Technology Group, the parent company of crypto trading platform OSL, has denied reports that it is considering selling the crypto platform for HK$1 billion (US$ 128 million). |
10.10.2023 | China's property crisis just keeps getting worse — property giant Country Garden just warned it may default on its debt | Country Garden is among China's largest real-estate developers. CFOTO/Future Publishing/Getty Images
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China's Country Garden warned on Tuesday it could default on its offshore debt payments.
It said in a filing it did not make a d... |
20.09.2023 | Alibaba Pictures to buy live events producer Damai | Alibaba Pictures, a separately listed subsidiary of Alibaba Group, announced on Tuesday that it will acquire Pony Media Holdings, which operates Damai, a China-based online live events ticketing platform from Alibaba Group. The acquisition,... |
23.08.2023 | Geely sees double-digit margins for its premium Zeekr brand: executive | China’s Geely achieved “double-digit” gross margins for its premium electric vehicle brand Zeekr in the first half of 2023, beating rivals with similar sales volumes, Geely Auto Group chairman Andy An told an investor meeting on Tuesday. An... |
22.08.2023 | SF Holding files for IPO in Hong Kong | SF Express’s parent company SF Holding has submitted an application for a listing on August 21, according to publicly available information from the Hong Kong stock exchange. If the listing in Hong Kong is successful, SF Holding will become... |
18.08.2023 | Bilibili achieves $731 million quarterly revenue, with $213 million net loss | Chinese video site Bilibili released its financial report for the second quarter of 2023 on August 17. The report shows that Bilibili’s second-quarter revenue reached RMB 5.3 billion ($731.5 million), marking an 8% year-on-year growth, slig... |
27.07.2023 | Evergrande New Energy Auto sees a total loss of $11.8 billion in 2021, 2022 | Evergrande New Energy Auto, the electric vehicle unit of Chinese property developer Evergrande, incurred a loss of RMB 27.7 billion ($3.9 billion) in 2022 and RMB 56.3 billion ($7.9 billion) in 2021, according to its announcement of annual ... |
24.07.2023 | Alibaba commits to holding Ant Group shares, emphasizes strategic partnership | Alibaba stated on July 23 that it will retain all of its Ant shares, affirming the fintech giant’s status as an “important strategic partner” for its various businesses, as per Alibaba’s regulatory filings to HKEX. The Chinese e-commerce gi... |
10.07.2023 | Alibaba considers selling shares to Ant Group amid regulatory changes | Chinese e-commerce giant Alibaba is considering selling shares in its fintech-affiliated company, Ant Group, as part of Ant’s buyback plan. Ant Group announced an unexpected share repurchase plan on July 8, just one day after the country’s ... |
10.07.2023 | Black Sesame, Chinese auto chip challenger to Nvidia, burns $140M a year | Chinese auto chip maker Black Sesame has recently filed to go public in Hong Kong, offering a glimpse into the business prospect and challenges of an industry that’s increasingly important amid an autonomous driving boom and China’s stride ... |
07.07.2023 | Chinasoft International releases smart AI application platform JointPilot | Chinasoft International, a leading provider of software and IT services, has released JointPilot, an intelligent application platform that offers comprehensive AI solutions to government and enterprise clients. The platform helps users to i... |
07.07.2023 | China wraps up fintech crackdown with big fines on Tencent, Alibaba | The regulatory crackdown that has shaken up China’s fintech industry since late 2020 appears to be coming to a close with the imposition of hefty fines on the country’s two digital payments giants.
Tencent, along with its payments subsidiar... |
04.07.2023 | Tencent-Backed Ruyi Raises $511 Million, Eyes China Film And Gaming Growth | Signage at the Tencent Holdings headquarters in Shenzhen, China, on Thursday, March 30, 2023. The ... [+] China Internet heavyweight owns about 20% of China Ruyi. Source: Bloomberg© 2023 Bloomberg Finance LP |
02.07.2023 | Lucid scores a win, Bird’s founder leaves the nest and Zoox robotaxis roll out in Vegas | The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free.
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30.06.2023 | Meituan purchases co-founder’s AI firm Light Year | Food delivery giant Meituan has bought out its co-founder Wang Huiwen’s AI venture Light Year, the Hong Kong-listed company announced on Thursday, just four days after Wang resigned from his position on Meituan’s board of directors due to h... |
20.06.2023 | Vitasoy Announces its Business Results for FY2022/2023 | HONG KONG, June 20, 2023 /PRNewswire/ --
Financial Highlights
12 months ended 31st March 2023 FY2022/23
HK$ Mn
FY2021/22
HK$ Mn
Change Net of FX
Impact
Revenue
6,341 6,501 -2 % +2 %
Gross Profit
3,012 3,071 -2 % +2 %
EBITDA
621 340 +82 % +8... |
06.06.2023 | JS Global (1691.HK) Announced an update and publication of Circular for the Proposed Spin-off and Distribution of SharkNinja from JS Global | HONG KONG, June 6, 2023 /PRNewswire/ -- JS Global Lifestyle Company Limited (Stock code: 1691.HK) ("JS Global" or "the Company"), a world-leading producer of small household appliances that operates three major brands: S... |
11.05.2023 | JD.com beats expectations on Q1 earnings, announces new CEO | Chinese e-commerce giant JD has announced its financial results for the first quarter of 2023, beating analyst expectations with a revenue of RMB 243 billion ($35.4 billion), a year-on-year growth of 1.4%. The company also reported that net... |
30.03.2023 | BYD saw profit rise 446% y-o-y in 2022 after sales surge | BYD made a record profit of RMB 16.6 billion ($2.4 billion) in 2022, over five times greater than a year previously, powered by strong sales of its electric vehicles, despite challenges including rising costs of battery materials and the pa... |
28.03.2023 | Goodbaby International Holdings Limited Announces 2022 Annual Results | HONG KONG, March 28, 2023 /PRNewswire/ -- Goodbaby International Holdings Limited ("Goodbaby International" or the "Company", HKEX stock code: 1086, together with its subsidiaries, the "Group"), a leading globa... |
22.03.2023 | H&H Group delivers revenue growth across all three business segments for 2022 and expects positive outlook for 2023 | • Reported revenue growth of 10.6% with revenue of RMB12,775.9 million and adjusted EBITDA growth of 6.5% despite significant headwinds
• Baby Nutrition and Care segment returned to growth (+1.1% on a like-for-like basis), turnaround of the... |
13.03.2023 | FWD Group refiles listing application with the Hong Kong Stock Exchange | HONG KONG, March 13, 2023 /PRNewswire/ -- FWD Group Holdings Limited ("FWD Group" or "the Company") today announced it has refiled the Form A1 Main Board listing application with The Stock Exchange of Hong Kong Limited (... |
10.03.2023 | New Oriental livestream e-commerce spin-off Koolearn to change name to East Buy | Koolearn, a subsidiary of tutoring firm-turned-livestream e-commerce retailer New Oriental, will change its company name and stock code to EAST BUY from Mar. 14, the Hong Kong-listed company announced on Thursday. Koolearn began selling pro... |
09.03.2023 | 6 companies that struck it big on China's zero-COVID policies and came out on top after 3 years of lockdowns | Sanitation workers wearing personal protective equipment (PPE) spray disinfectant at Nanjing Road Pedestrian Street on May 28, 2022, in Shanghai, China. Yang Jianzheng/VCG via Getty Images
China's zero-COVID era was a period of economic slo... |
21.02.2023 | JD.com, Nio-backed ride-hailing platform Dida resumes IPO plan | Chinese ride-hailing service Dida has resumed its plans for an initial public offering in Hong Kong and hired local investment banks China International Capital Corp. and Haitong International, as well as Japan’s Nomura Holdings as lead man... |
10.01.2023 | China is still racing to develop its own mRNA jabs. But they won't use foreign vaccines to fight COVID because of 'national pride,' says South Korea's top vaccine maker. | Chinese officials say domestically developed COVID-19 vaccines are effective. CFOTO/Future Publishing/Getty Images
China's grappling with a surge in COVID-19 cases since it abandoned its zero-COVID policy in December.
It hasn't yet approved... |
30.11.2022 | Loss Widens At Alibaba-Backed EV Maker XPeng; Co-Founder Exits Board | An XPeng Inc. electric vehicle at the company's flagship store in Beijing, China, on Monday, Sept. ... [+] 19, 2022. Source: Bloomberg© 2022 Bloomberg Finance LP |
16.11.2022 | BYD Expands Brand Mix With Second New Entry This Month | BYD Chairman Wang Chuanfu, center, at a ceremony today celebrated a production milestone of three ... [+] million EVs. BYD |
10.11.2022 | Mobile sports game developer GALA Sports vows to allow users to live their own World Cup dreams | China's No.2 mobile sports game company with approximately 7.9% market share, GALA Sports targets to bring the best gaming experience to sports fans via realistic graphic rendering, AI-backed ever-changing gameplay, and the fluid portrayal ... |
09.11.2022 | Hyphen Group Raises US$20M Funding Round Led by PCCW | The Hyphen Group, formerly known as CompareAsiaGroup, announced that it has closed a new US$20 million investment round led by technology company PCCW. |
04.11.2022 | BYD delivered a record 217,816 electric vehicles in October, up 169% from last year | BYD said on Thursday that it sold 217,816 electric vehicles in China in October, jumping by over 169% year-on-year, and representing an increase of 16,557 units from a month earlier. Vehicle deliveries totaled nearly 1.4 million units from ... |
03.11.2022 | GALA Sports, the up-and-coming mobile sports game developer whose parent company seeking for successful Hong Kong IPO as World Cup comes near | The global market for mobile sports simulation games is expected to grow to USD 13.3 billion in 2026
GALA Sports' graphic rendering abilities and self-developed AI technology, together with the IP right licenses obtained from player associa... |
26.10.2022 | COVID-19 Vaccine Inhaled Through the Mouth Launched in China | WEDNESDAY, Oct. 26, 2022 (HealthDay News) -- China announced Wednesday that it has started giving its citizens a COVID-19 booster that can be inhaled through the mouth.
The oral vaccine was distributed in Shanghai. A video appeared on Chine... |
18.10.2022 | BYD forecasts Q3 profit to almost triple from last year | Chinese EV maker BYD said on Monday that its third-quarter net profit will be more than triple compared to the same period in 2021 at between RMB 5.5 billion and RMB 5.9 billion ($760 million to $820 million), despite a challenging economic... |
11.10.2022 | Chinese job recruitment platform Boss Zhipin files for dual-primary listing in Hong Kong | Chinese job recruitment platform Boss Zhipin filed for a dual-primary listing on the Hong Kong stock exchange on Monday. Morgan Stanley and Goldman Sachs will be co-sponsors for the listing, according to the Chinese media outlet Jiemian. Th... |
09.10.2022 | Flowing Cloud Technology to be listed in Hong Kong amid metaverse build | Flowing Cloud Technology, a former Chinese game development platform that turned into a metaverse-focused company last December, closed its public offering on Friday and is expected to be listed on the Hong Kong stock exchange (HKEX) on Oct... |
29.09.2022 | Manufacturing roundup: Aceto rebrands to Actylis; WuXi STA opens another facility | A New York-based manufacturer has rebranded after netting several acquisitions in the past few years.
Aceto, a manufacturer of ingredients and raw materials, has rebranded to Actylis. The move will bring all 10 ac... |
25.09.2022 | XPeng Chairman Buys Nearly $30 Mln Of Shares As China EV Maker Slides To Record Low | XPeng Chairman He Xiaopeng in 2021. Photographer: Qilai Shen/Bloomberg© 2021 Bloomberg Finance LP |
07.09.2022 | Fitness app Keep renews Hong Kong IPO application | China’s biggest fitness app Keep has renewed its application to Hong Kong Exchanges and Clearing (HKEX) for an initial public offering, according to an official Tuesday release by the bourse. Keep has filed for a Hong Kong IPO in February, ... |
30.08.2022 | EV maker Leapmotor wins approval for Hong Kong IPO | Leapmotor won approval from the Hong Kong stock exchange on Monday for its planned listing in the city, becoming the latest Chinese electric vehicle startup to cash in a consistent wave of hype and investment in the space following Nio, Xpe... |
26.08.2022 | After China Trodelvy OK, Everest Medicines CEO resigns and the hunt is on for his replacement | Shanghai-based Everest Medicines CEO has hit the company’s exit door.
Kerry Blanchard has resigned as the CEO and as a member of the board of directors, effective immediately, Everest announced Friday. After spending... |
23.08.2022 | Goodbaby International Holdings Limited Announces 2022 Interim Results | CYBEX and Evenflo Make Record High First Half Revenue Despite Facing Unprecedented Global Challenges
HONG KONG, Aug. 23, 2022 /PRNewswire/ -- Goodbaby International Holdings Limited ("Goodbaby International" or the "Company&q... |
15.08.2022 | Yum China Applies for Voluntary Conversion to Primary Listing on the Hong Kong Stock Exchange | SHANGHAI, Aug. 15, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today announced that the Company applied for a voluntary conversion of its secondary listing sta... |
04.08.2022 | BYD records over 162,000 deliveries in July | BYD continued its strong growth in the Chinese EV market, delivering 162,530 vehicles in July, rising 222% from last year and 21.2% from last month, according to a Wednesday announcement. The Chinese auto giant launched a new electric sedan... |
28.07.2022 | Kingsoft Cloud follows Alibaba to seek Hong Kong dual primary listing | Chinese cloud service provider Kingsoft Cloud filed to seek a dual primary listing in Hong Kong on Thursday. The cloud gaming company is the latest to make such a move after e-commerce giant Alibaba did the same on Tuesday. Founded in 2012,... |
21.07.2022 | Warburg Pincus-Backed ESR To Build Maiden Logistics Hub In Hong Kong After Winning Land Auction | The Kwai Chung container port in Hong Kong. ESR won the bid to develop a logistics hub near the Kwai ... [+] Chung Container Terminal, one of the world's busiest ports. Marc Fernandes/NurPhoto via Getty Images |
06.07.2022 | Elon Musk’s Tesla no longer the world’s top seller of electric cars | More On: tesla
Here’s why Tesla’s stock is falling after its latest production report Tesla hit by new lawsuit alleging racial abuse against Black workers ‘Big Short’ investor: Tesla layoffs an ominous sign for white-collar workers Tesla to... |
05.07.2022 | China's Warren Buffett-backed BYD has dethroned Tesla as the world's largest electric vehicle maker, selling 77,000 more cars so far in 2022 | Shenzhen-based automaker BYD has soared past Tesla as the top-producing electric vehicle company.
BYD sold 641,000 cars in the first half of 2022, compared to 564,000 sold by Elon Musk's firm.
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BYD, a Chinese automaker backed b... |