18 Jun 2024 CDC revenue was up by 8.3% YoY to HK$8.69bn in FY24. Revenue from Mainland China up by 14.5% YoY to HK$1.51bn during the year, which accounted for 17.4% of total revenue. (FY23: 16.5%), while revenue from HK
13 Jun 2024 Sunny’s Handset Lens Sets (HLS) shipment growth momentum accelerated to 9.6% YoY in May to 103.5m units (Apr: +6.4% YoY). In 5M24, HLS shipment increased 24.6% YoY to 525.6m units, on low comparison base caused by the
11 Jun 2024 At some point in the near future, autonomous vehicles will become a common sight on the roads. According to Global Market Insights, autonomous vehicle market size was valued at USD2tr in 2023 and is estimated to grow
11 Jun 2024 At some point in the near future, autonomous vehicles will become a common sight on the roads. According to Global Market Insights, autonomous vehicle market size was valued at USD2tr in 2023 and is estimated to grow
04 Jun 2024 CAICT announced Apr handset shipment data. China’s handset market rebounded strongly with shipment increased 28.8% YoY in Apr (-5.5% YoY in Mar) to 24.1m units. Sequential shipment momentum decelerated in Apr with shipment increased 12.6% MoM in
27 May 2024 Lenovo reported 4QFY24 results (Mar quarter), with revenue increased 9.5% YoY to US$13.8bn. All three business segments achieved positive revenue growth. GPM widened 0.6ppt YoY to 17.6% on increasing contribution from SSG segment’s high-margin business. Mar quarter
27 May 2024 According to The Standard, Hong Kong’s 10 major housing estates saw numbers of secondary deals rebound to double digits over the weekend from a week ago, thanks to price cuts by sellers. Centaline Property reported 10 deals
27 May 2024 Trip.com announced its 1Q24 results, with net revenue up by 29% YoY to Rmb11.9bn, and also up 15% QoQ compared to 4Q23, mainly due to higher demand and seasonality. GPM maintained relatively stable at 81% in 1Q24,
27 May 2024 Xiaomi reported its 1Q24 results, with revenue up 27.0% YoY to Rmb75.5bn, which saw growth accelerated from 10.9% YoY in 4Q23. Smartphone revenue growth maintained strong momentum, surged 32.9% YoY to Rmb46.5bn in 1Q24. Smartphone shipment also
24 May 2024 SunArt’s FY24 (Mar-end) revenue was down by 13.3% YoY to Rmb72.6bn, mainly due to i) the contraction of supply chain business and store closures which accounted for 8.4% decline in sales; and ii) lower ticket size. Meanwhile,
