15 October 2024 Wasion has won contracts in the second tender on procurement of meeting equipment this year from State Gid for about 359k units of smart meters with a contract value of Rmb116m. Moreover, its subsidiary- Willfar Information Technology
15 Oct 2024 Anta announced its 3Q24 operational results, with retail sales for its Anta Core Brand recorded a MSD growth YoY, decelerating from HSD growth in 2Q24. Both adult sales and kids sales grew by MSD YoY. Online sales
14 Oct 2024 Asian stocks swung between gain and loss on Monday as investors struggled to reach a consensus view on China’s broad economic stimulus promises made over the weekend which were light on specifics. Minister of Finance Lan Foan
03 October 2024
03 Oct 2024 BFH 1H24 revenue increased by 43.8% YoY to Rmb622m, with its new media services segment up by 43.9% YoY to Rmb564m and accounted for 90.6% of 1H24 total revenue. The robust growth in sales was mainly attributed
16 September 2024 Robotics is one of the most important advanced technology industries and it is expected to play an increasing role in the world economy. Robots are now used across vast sectors of China’s economy, including manufacturing, logistic, hospitality,
16 September 2024 Robotics is one of the most important advanced technology industries and it isexpected to play an increasing role in the world economy. Robots are now used acrossvast sectors of China’s economy, including manufacturing, logistic, hospitality,healthcare and construction.
11 Sep 2024 1H24 revenue was up by 20.8% YoY to Rmb12.1bn, mainly due to 1) 33.9% YoY increase in NG sales, which accounted for 73% of total revenue (1H23: 66%), on the back of a 42.3% YoY increase in
5 September 2024 Despite operating in challenging market conditions in 1H24, Pentamaster managed to maintain its 1H24 at MYR342.1m, which stood at the same level as 1H23. GPM eased down by 0.8ppt to 28.6% in 1H24, mainly due to 1)
03 Sep2024 Xiabu’s 1H24 revenue was down by 15.9% YoY to Rmb2,395m, mainly driven by i) a net close of 26 restaurants during the period to a total of 1,072 by end-1H24; and ii) intensified competition and consumption downgrade. Revenue
