12 Jul 2023 In 1QFY24, Chow Tai Fook recorded YoY growth in retail sales value by 29.4% with RSV of Mainland China/ HK & Macau and other markets grew by 25.2%/64.0% YoY respectively. The continual recovery post pandemic has bring
10 Jul 2023 Nonfarm payrolls increased by 209,000 jobs last month, the smallest gain since December 2020, the survey of establishments showed. Economists polled by Reuters had forecast payrolls rising 225,000. It was the first time in 15 months that
04 Jul 2023 L.K. Tech’s FY23 (Year ended Mar) revenue amounted to HK$5.9bn, representing a YoY increase of 10%. Net profit declined by 14.9% YoY to HK$532.2m.
29 Jun 2023 Precision Tsugami (China) (PTC) FY23 turnover decreased by 8.4% YoY to Rmb4.0bn while NP was down by 13.2% YoY to Rmb579.2m. While top line came in in-line with our estimate, bottom line beats our expectation by 19%
19 Jun 2023 Sa Sa announced March-ended FY23 results, with revenue increased by 2.6% YoY to HK$3,501m, driven by the YoY growth of 8.7%/ 43.8% in the HK & Macau / SEA business to HK$2,603m/ HK$372m, but the growth was
19 Jun 2023 Sunny held Investor Day on June 15, focusing on smartphone industry updates; automotive products development; and AR market outlook. The company trimmed down its 2023 global/ China smartphone shipment forecast by 6.6%/ 5.5% to 1.10bn/ 260m units,
19 Jun 2023 China is the largest producer consumer of coal with 3.8b tonnes in 2020 and the largest user of coal-generated electricity in the world. According to Reuters, China’s coal output rose by 5.8% YoY in 2M23 compared to
05 Jun 2023 According to CNN, President Joe Biden signed into law Saturday a bill to suspend the nation’s debt limit through January 1, 2025, to avert a first-ever US default. Suspending the debt limit through early 2025 takes the
22 May 2023 1Q23 Sportswear industry – Anta 1Q23 performance was inline with previous guidance. Core brand retail YoY sales growth reported at MSD, with an accelerating growth in March compared to Jan-Feb, and the fast growth sustained into early
22 May 2023 China sportswear market has rose at an 8.8% CAGR in 2018-22 to Rmb411bn last year, and iiMedia Research suggests that by 2025, the market size could reach Rmb599bn, which translates to a CAGR of 13.4% in 2022-2025,
