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15.01.26 - 05:45
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BRIEF: Drinda takes Starwing stake to expand into space-based apps (Bamboo Works)
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Photovoltaic cell maker Hainan Drinda New Energy Technology Co. Ltd. (2865.HK; 002865.SZ) said on Wednesday it plans to invest 30 million yuan ($4.3 million) in Shanghai Starwing Core Energy Technology Co. Ltd., making it the company's second-largest shareholder with a 16.7% stake. Starwing was founded in January 2026 by the team behind Hangzhou Shangyi Optoelectronic,.....
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15.01.26 - 04:15
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Sunny & Sandy joins queue of toymakers aiming to emulate Pop Mart (Bamboo Works)
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With revenue growth of 134% in the first nine months of 2025, the company's Hong Kong IPO could raise over $100 million Key Takeaways: By Edith Terry Since Labubu took the world by storm last year, everyone on China's toy scene has been trying to cast itself as the next Pop Mart, creator of.....
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15.01.26 - 01:45
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InSilico lands drug discovery deal after Hong Kong IPO (Bamboo Works)
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The developer of AI-enabled drugs could get up to $888 million from the new deal but, without any viable products yet, its revenues rely on partner payments Key Takeaways: By Molly Wen Fresh from a colossal IPO, AI-assisted pharmacology pioneer InSilico Medicine (3696.HK) is making headlines again, with an international partnership to speed the.....
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14.01.26 - 10:31
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Reconditioned ZhengTong drives down new road after massive overhaul (Bamboo Works)
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Caught up in price wars and a resulting sea of red ink, the former car dealership highflyer is entering a new phase after being taken over by a rival and disposing of some assets Key Takeaways: By Lee Shih Ta Shifts within China's car sector over the last two years have led to a.....
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14.01.26 - 08:45
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INDUSTRY BRIEF: Apple takes 2025 smartphone crown, Xiaomi finishes third (Bamboo Works)
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Apple (AAPL.US) was the world's top smartphone seller in the fourth quarter, taking the crown from rival Samsung (005930.KS), as both companies recorded strong year-on-year growth. Meantime, Xiaomi (1810.HK) held on to the third largest spot despite recording a sales decline, and budget brand Transsion (688036.SH) dropped out of the world's top five smartphone makers,.....
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14.01.26 - 07:45
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BRIEF: RoboSense′s LiDAR sales nearly triple in fourth quarter (Bamboo Works)
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Autonomous driving technology maker Robosense Technology Co. Ltd. (2498.HK) said on Tuesday that its light detection and ranging (LiDAR) product sales reached 919,200 units in the fourth quarter, up 183% year-on-year. Sales of its LiDAR products totaled 459,600 units, while those for advanced driver-assistance systems (ADAS) applications reached 609,000 units. Sales of products for robotics.....
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14.01.26 - 07:15
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INTERVIEW: Tuya leverages its AI platform, skills to target global consumer market (Bamboo Works)
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The AIoT company is drawing on its relationships with thousands of internet-connected smart device makers to roll out its Hey Tuya AI Assistant For Life By Rene Vanguestaine LAS VEGAS – Move over, Jarvis. A new assistant named Hey Tuya is coming soon to living rooms across the globe. After spending almost all of.....
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14.01.26 - 07:01
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China′s property debt crisis muddles on, as profits evade the pet economy (Bamboo Works)
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Domestic investors holding about $500 worth of Vanke bonds have agreed to extend their Dec. 28 maturity date by a month. Why are Vanke and its peers continually turning to this kind of delaying tactic rather than doing bankruptcy reorganizations? And pet hospital operator Ringpai has applied for a Hong Kong IPO.
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14.01.26 - 06:01
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BRIEF: JD Logistics to privatize Shanghai-listed Debon unit (Bamboo Works)
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JD Logistics Inc. (2618.HK) said on Tuesday it plans to privatize its Debon Logistics Co. Ltd. (603056.SH) unit from the Shanghai Stock Exchange by purchasing the remaining 20% of the company it doesn't already own for 19 yuan per share. According to JD Logistics' announcement, Debon's board has approved the deal, which is subject to.....
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14.01.26 - 04:45
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Anta takes aim at global big leagues with Puma bid (Bamboo Works)
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China's leading sportswear brand has reportedly offered to buy 29% of the German brand, which, if successful, could give a big boost to its global aspirations Key Takeaways: By Warren Yang As it reportedly takes aim at Puma SE (PUM.DE), Anta Sports Products Ltd. (2020.HK) is turning to the familiar playbook of Chinese companies.....
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13.01.26 - 08:01
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INDUSTRY BRIEF: China to scrap or lower export tax rebates for solar products, batteries (Bamboo Works)
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China will cancel or lower its export tax rebates for solar products and batteries from April 1, as it seeks to ease price wars that have wreaked havoc on both sectors that are dominated by Chinese companies. The move also addresses frequent foreign complaints that China unfairly subsidizes some of its industries to the detriment.....
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13.01.26 - 07:30
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BRIEF: GigaDevice springs in Hong Kong trading debut (Bamboo Works)
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Shares of integrated circuit (IC) designer GigaDevice Semiconductor Inc. (0501.HK) opened up 45% at HK$235 in their Hong Kong trading debut on Tuesday, and held on to most of the gains to close up 40% at HK$226.80 by the midday break. The company sold 28.92 million shares for HK$162 apiece, raising net proceeds of HK$4.61 billion ($591 million)......
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13.01.26 - 06:31
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BRIEF: Voicecomm raises $40 million via share placement at 20% discount (Bamboo Works)
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IT solutions provider Voicecomm Technology Co. Ltd. (2495.HK) said on Monday it raised HK$311.1 million ($40 million) through the placement of 6.73 million new shares at HK$46.30 each, representing a discount of 19.9% to the previous day's closing price. Following the sale, the buyer, State Fortune Global Strategic LPF, a fund under Jingxin International Financial.....
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12.01.26 - 09:15
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Mineye navigates bumpy financial road littered with losses, stock volatility (Bamboo Works)
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The autonomous driving company has taken multiple new steps to support its shares, including share lockup period extensions, buybacks and increased purchases by some big investors Key Takeaways: By Lau Chi Hang On Dec. 15, China's Ministry of Industry and Information Technology announced market access approvals for two Level 3 (L3) autonomous driving vehicles.....
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12.01.26 - 07:46
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BRIEF: APAC Resources returns to the black (Bamboo Works)
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Resources and commodities investor and trader APAC Resources Ltd. (1104.HK) said on Monday it returned to the black in final six months of last year, boosted by a return to profitability for its resources investment segment. APAC Resources said it expects to report a profit of between HK$1.4 billion ($180 million) and HK$1.9 billion for.....
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12.01.26 - 07:15
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BRIEF: OmniVision shares rise 15% through midday in trading debut (Bamboo Works)
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Shares of chip designer OmniVision Integrated Circuits Group Inc. (0501.HK) opened up 3% at HK$108 in their Hong Kong trading debut on Monday, and rose steadily to close up 15% at HK$120.70 by the midday break. The company sold 45.8 million shares for HK$104.80 apiece, raising net proceeds of HK$4.69 billion ($602 million). The public.....
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12.01.26 - 07:01
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BRIEF: Fresh food model lifts Jiumaojiu′s Tai Er back to same-store sales growth (Bamboo Works)
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Jiumaojiu International Holdings Ltd. (9922.HK) said average daily sales at its flagship Tai Er restaurant chain fell 3% year-on-year in the fourth quarter, narrowing from a 9.3% decline the previous quarter, while the chain returned to positive same-store sales growth in China, according to a fourth-quarter operating update released on Friday. According to the report,.....
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12.01.26 - 06:15
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After winning global EV crown, BYD faces new challenge with profitability test (Bamboo Works)
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China's EV giant overtook Tesla in unit sales last year, but margin pressure, overseas risks and a controversial financing model raise questions on whether it can still deliver shareholder value Key Takeaways: By Xia Fei Chinese electric carmaker BYD Co. Ltd. (1211.HK; 002594.SZ), whose name stands for “Build Your Dreams,” may have just achieved.....
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12.01.26 - 05:01
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NEWS WRAP: Ribo Life enters Hong Kong biotech fast lane after strong debut (Bamboo Works)
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Shares of China's leading developer of small interfering RNA therapeutics, or siRNA, jumped 42% in their Friday debut, and continued to climb on Monday By Doug Young Hong Kong investors can now trade in their first mRNA concept stock, following the strong trading debut for Suzhou Ribo Life Science Co. Ltd. (6938.HK), China's leader.....
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09.01.26 - 14:45
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BRIEF: Lingbao Gold profit more than doubles (Bamboo Works)
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Gold miner Lingbao Gold Group Co. Ltd. (0330.HK) on Thursday said its 2025 net profit more than doubled last year to between 1.5 billion yuan ($215 million) and 1.57 billion yuan, up 115% to 125% from 2024. The company expects to report its revenue climbed 9% to 11% last year to between 12.9 billion yuan and 13.17 billion yuan......
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