12 March 2025 Impro Precision’s FY24 revenue amounted to HK$4.7bn, representing a marginal growth of 1.8%. Net profit went up by 10.1% YoY to HK$644.3m in FY24. Its GPM edged up by 1.5ppt to 27.1% in FY24. Improvement in GPM
10 Mar 2025 CPI and PPI contracted more than expected in February, underscoring the need for more stimulus measures from Beijing amid persistent disinflation in the country. CPI shrank 0.7% YOY, more than expectations for a drop of 0.4% and
7 Mar 2025 JNBY announced its 1HFY25 interim results, with revenue increased by 5.0% YoY to Rmb3,156m mainly driven by sales growth in online channel and increase in the scale of offline stores. JNBY brand remained as the largest revenue
5 Mar 2025 CNE’s FY24 revenue was up by 6.3% YoY to Rmb2,752m. The top-line growth was mainly attributed to a 11.4% YoY increase in power sales, which accounted for 91.4% of total revenue (FY23: 87.3%). Revenue from wind power
28 Feb 2025 Wasion announced that the company and Siemens will collaborate to promote comprehensive solutions for modular data centers and the globalization of China’s manufacturing industry, contributing to the high-quality development of the energy sector to improve the competitiveness
27 Feb 2025 Sunny Optical announced a positive profit alert for its FY24 results, with FY24 NP up around 140%-150% YoY to Rmb2,639m to Rmb2,749m, amid recovery in the smartphone market and strong demand in NEV
24 Feb 2025 The “No. 1 central document” for 2025, the first policy statement released by China’s central authorities this year, called for enhanced efforts in the work related to agriculture, rural areas and farmers in 2025 and beyond, with
10 Feb 2025 China’s annual inflation rate climbed to 0.5% in January 2025 from 0.1% in December, surpassing market expectations of 0.4%. This marked the highest level since August 2024, driven by seasonal effects from the Lunar New Year at
20 January 2025 TK Group issued a positive profit alert citing that the company expected to record an increase of not less than 20% in FY24 net profit. Such increase in net profit was mainly attributable to 1) a rebound
Recently, China’s largest sports retail operator, Topsports (6110.HK, NR), released its first “White Paper on Sports Consumption Among China’s Broader Young Demographic”《中国泛年轻人群运动消费白皮书》, based on proprietary data, a survey of 12,000 consumers, and industry research. The white paper explores four key
