11 Dec 2023 Chinese banks are stepping up their lending support for private property enterprises as loans from major banks have exceeded Rmb30bn since November, with over Rmb14bn made in the past two weeks, according to Xinhua. The report also
27 Nov 2023 Black Friday e-commerce spending was up by 7.5% YoY, reaching a record of US$9.8bn in the U.S., according to an Adobe Analytics report, a further indication that price-conscious consumers want to spend on the best deals and
17 Nov 2023 Man Wah reported its Sept ended 1HFY24 results with top line decreased by 4.0% YoY to HK$9.1bn. GPM slightly increased by 0.3ppt YoY to 39.1%. NP increased by 4.0% YoY to HK$1.1bn with NPM improved by 1.0ppt
15 Nov 2023 Xtep management provided sales update on Double 11 recently. Xtep core brand online growth was only HSD YoY, which is below both the market and mgmt. expectations. We believe the slow growth is mainly due to the
13 Nov 2023 9M23 telecom industry continued to be driven by new business, especially Cloud computing and big data.
13 Nov 2023 Amid the slowdown in domestic manufacturing industry affected by macroeconomic uncertainties, demand for CNC machine tools were sluggish as customers suffered insufficient rate of operation, Precision Tsugami (China) (PTC) 1H24 revenue decreased by 32.1% YoY to Rmb1.5bn.
13 Nov 2023 According to the latest data from MIIT, China’s telecom business revenue steadily grew 6.8% YoY to Rmb1,281.3bn in 9M23. New businesses (IPTV, IDC, big data, Cloud computing, and IoT) remained key growth momentum for telecom industry. In
09 Nov 2023 Pentamaster’s 3Q23 revenue increased 16.1% YoY from MYR155.6m in 3Q22 to MYR180.7m. Automated Test Equipment (ATE) segment revenue declined 3.3% YoY to MYR98.6m due to longer project lead time and revenue recognition varied quarter by quarter. Factory
30 Oct 2023 US GDP rose at a 4.9% annualized pace in the third quarter, up from an unrevised 2.1% pace in the second quarter, the Commerce Department reported Thursday. Economists surveyed by Dow Jones had been looking for a
17 Oct 2023 Anta announced its 3Q23 operational results, with retail sales of Anta brand up by HSD YoY, in which Anta core grew by HSD YoY while Anta Kids up by LSD YoY. In terms of sales channel, offline
