03 Oct 2023 China’s official manufacturing purchasing managers’ index (PMI) rose to 50.2 from 49.7 in August, the first time it has indicated expansion since March, according to the National Bureau of Statistics on Saturday. A PMI reading above 50
18 Sep 2023 Chinese catering industry is anticipated to grew by 18% YoY to Rmb5,178m in 2023, and with the social restrictions lifted earlier this year, the industry already rebounded by 21% YoY to Rmb2,433bn in 1H23. Hotpot industry is
18 Sep 2023 Chinese catering industry is anticipated to grew by 18% YoY to Rmb5,178m in 2023, and with the social restrictions lifted earlier this year, the industry already rebounded by 21% YoY to Rmb2,433bn in 1H23. Hotpot industry is
07 Sep 2023 Channel Micron’s 1H23 revenue plunged by 43% YoY to Rmb144.2m. Cleanroom wall and ceiling systems sales lowered by 45% YoY to Rmb130.3m on decreasing semiconductor factory investment in China due to US-China trade tensions. Cleanroom equipment segment
04 Sep 2023 China saw net foreign capital inflows in 1H23, with an increased purchase of domestic stocks and bonds by foreign investors. Among them, foreign investors purchased nearly US$79bn worth of domestic bonds. However, data also showed global investors
04 Sep 2023 1H23 revenue was down by 1.7% YoY to Rmb10.0bn, mainly due to 1) 2.8% YoY decline in NG sales, which accounted for 66.0% of total revenue (1H22: 66.7%), on the back of a 2.9% YoY decline in
31 Aug 2023 NFI’s 1H23 revenue was up by 4.0% YoY to Rmb874m. Offline channel sales, which accounted for 58.9% of total sales (1H22: 61.1%), edged up 0.2% YoY to Rmb515m on the back of i) a 34.9% YoY increase
30 Aug 2023 IGG announced 1H23 results with revenue edged up by 0.5% YoY to HK$2,499m. Revenue of Lords Mobile (LM) decreased 17.5% YoY to HK$1,657m. Revenue of Doomsday and Viking Rise reached HK$250m and HK$123m. Revenue of APP business
29 Aug 2023 Despite the market uncertainties coupled with gloomy property sector in China in 1H23, China Lesso still managed to demonstrate strong resilience by registered a 2.7% YoY marginal increase in turnover to Rmb15.3bn. On the back of YoY
28 Aug 2023 Wasion’s 1H23 turnover increased by 26.4% YoY to Rmb3.2 bn while NP increased by 49.2% YoY to Rmb213.8m. In 1H23, sales of Wasion’s power AMI/ communication and fluid (C&F) AMI/ ADO, all recorded an encouraging growth of
