29 Apr 2024 Doomsday’s strong growth momentum persisted into 1Q24 with Average Monthly Gross Billing (MGB) reached HK$100M in March, while MGB of Doomsday reported HK$78M over 2H23. Management reiterated the target DAU for Doomsday will be 1.0mn in FY24.
25 Apr 2024 Xtep announced its 1Q24 operational results, with retail sales for its Xtep Core Brand recorded a HSD growth YoY, slowing down from 30%+/20%+ growth in 4Q23/1Q23. The first 2 months and 1st half of March saw MSD
25 Apr 2024 Xiaomi held an Investor Day in Beijing on 23 Apr. Management reiterates their ambition of building their integrated “Human x Car x Home” ecosystem with the successful launching of SU7 on 28 Mar. Management also gives optimistic
22 Apr 2024 Anta announced its 1Q24 operational results, with retail sales for its Anta Core Brand recorded a MSD growth YoY, slowing down from high-teens growth in 4Q23, given high base last year. The slower growth was inline with
18 Apr 2024 361 Degrees announced its 1Q24 operational results, with offline retail sales for its 361° Core Brand recorded a high-teens growth YoY, while 361° Kids branded products was up by 20-25% YoY. Online sales continue to grow healthily
16 Apr 2024 2M24 telecom industry continued to be driven by new businesses, especially big data and Cloud computing. CM regained strong 5G user growth in Feb, with its 5G penetration rate reached 80.8%. Stringent network connectivity capex guidance by
16 Apr 2024 According to the latest data from MIIT, China’s telecom business revenue steadily grew 4.3% YoY to Rmb292.3bn in Jan-Feb (2M24). New businesses (IPTV, IDC, big data, Cloud computing, and IoT) remained key growth momentum for telecom industry.
16 Apr 2024 Wasion announced the first bidding results of the 2024’s State Grid tender on smart metering equipment and data collection equipment yesterday. Wasion has won contracts for about 899k units of smart meters with a contract value of
09 Apr 2024 YesAsia’s FY23 revenue increased by 56.6% YoY to US$201m, driven by i) a significant increase in E-commerce platform customers from 1.02m in FY22 to 1.45m in FY23; and ii) average order size up from US$77.0 in FY22
08 Apr 2024 Facing the on-going uncertain international market, geopolitical condition and interest rate hikes which significantly dampened downstream customers’ consumption desire, EVA Precision’s (EVAP) FY23 turnover decreased marginally by 1.4% YoY to HK$6.2bn. FY23 NP, however went up by
