CROSBY Research – Anta Sports (2020 HK/BUY): Solid FY25 results, multi-brand strategy continue to gain traction

31 Mar 2026 Anta’s FY25 revenue was up by 13.3% YoY to Rmb80.22bn driven by...

CROSBY Research – Wasion Holdings (3393 HK/BUY): 2025 marked as a pivotal year, redefining Wasion’s trajectory

30 March 2026 Wasion recorded a turnover of Rmb10.1bn in FY25, representing a YoY increase...

CROSBY Research – 361 Degrees  (1361 HK/BUY): Inline FY25 results

30 Mar 2026 FY25 revenue was up 10.6% YoY to Rmb11.1bn, with core brand retail...

CROSBY Research – Sany Heavy Equipment (631 HK/NR): Overseas sales and reduced impairment costs lifted FY25 earnings

23 Mar 2026 Sany Heavy has issued a positive profit alert, projecting its FY25 net...

CROSBY Research – Q Tech (1478 HK/BUY): A solid set of FY25 results

18 March 2026 In line with its profit alert in Jan this year, Q Tech...

CROSBY Research – Mengniu (2319 HK/NR): Earnings Rebound Masks a Still-Soft Demand Backdrop

13 Mar 2026 FY25 revenue is expected to be 7% to 8% lower YoY while...

CROSBY Research – Impro Precision Industries (1286 HK/NR): FY25 top and bottom line reached record high

11 March 2026 Impro Precision’s FY25 revenue increased by 8.7% YoY to HK$5.1bn. Its FY25...

CROSBY Research – Wasion Holdings (3393 HK): A positive earnings surprise  

9 Mar 2026 Wasion issued a positive profit alert, citing that the company expects its...

CROSBY Research – Uni-President China (220 HK/NR): Margin Resilience Amid Price Wars; 2026 Poised for Steady Growth

06 Mar 2026 UPC’s FY2025 revenue reached Rmb31.71bn, up 4.6% YoY, primarily driven by growth...

CROSBY Research – MiniMax Group (100 HK/NR): FY25 turnover beats market expectation

3 Mar 2026 Newly debuted on HKEX in Jan this year, MiniMax announced its first...

CROSBY Research – Yum China (9987 HK/NR): Concord New Energy (182 HK/BUY): Reshaping through headwinds

24 Feb 2026 CNE announced profit warning for its FY25 results. FY25 NP is expected...

CROSBY Research – Yum China (9987 HK/NR): Yum China’s Path to 30,000 Stores by 2030

10 Feb 2026 Yum China is China’s largest restaurant operator with >18,100 stores across >2,500...

CROSBY Research – Tongda Group (698 HK/NR): Anticipating a turnaround in FY25

9 Feb 2026 Tongda just issued a positive profit alert, citing that the company anticipates...

CROSBY Research – Xtep (1368 HK/ BUY): Core brand flat growth in 4Q25

30 Jan 2026 Xtep announced its 4Q25 operational results, with retail sales for its Xtep...

CROSBY Research – Johnson Electric (179 HK/NR): 3Q26 business update

26 Jan 2026 JE delivered stable top-line performance in 3Q26 (Yr ended Mar), with turnover...

CROSBY Research – Anta Sports (2020 HK/BUY): Expect positive growth for Anta and Fila brands in FY26

22 Jan 2026 Anta announced its 4Q25 operational results, with retail sales for its Anta...

CROSBY Research – Sa Sa Intl (178 HK/NR): Re-acceleration in the peak season

22 Jan 2026 Sa Sa International announced its 3Q (Oct to Dec) sales figures for...

CROSBY Research – Q Tech (1478 HK/BUY): Anticipating a strong FY25

16 Jan 2026 FY25 proved to be a good year for Q Tech as it...

CROSBY Research – 361 Degrees  (1361 HK/BUY): Stable YoY growth in 4Q25

14 Jan 2026 361 Degrees announced its 4Q25 operational results, with offline retail sales for...

CROSBY Research – Wasion Holdings (3393 HK/BUY): Unconventional energy tech; poised for revaluation

9 Jan 2026 We have been covering Wasion for a long time. Over the years...