27 May 2024 Xiaomi reported its 1Q24 results, with revenue up 27.0% YoY to Rmb75.5bn, which saw growth accelerated from 10.9% YoY in 4Q23. Smartphone revenue growth maintained strong momentum, surged 32.9% YoY to Rmb46.5bn in 1Q24. Smartphone shipment also
24 May 2024 SunArt’s FY24 (Mar-end) revenue was down by 13.3% YoY to Rmb72.6bn, mainly due to i) the contraction of supply chain business and store closures which accounted for 8.4% decline in sales; and ii) lower ticket size. Meanwhile,
22 May 2024 Incepted in 2014 and newly listed on HKEX in Jan this year, RoboSense is a global leader in the LiDAR and perception solutions market. Unlike most of the LiDAR companies in the market who only focus on
21 May 2024 Man Wah reported its Mar ended FY24 results with top line increased by 5.7% YoY to HK$18.8bn. GPM slightly increased by 0.9ppt YoY to 39.4%. NP increased by 20.2% YoY to HK$2.3bn with NPM improved by 1.5ppt
21 May 2024 Despite the relatively subdued macro-economic environment, high interest rate and geopolitical instability that subsequently led to weak market sentiment, Johnson Electric (JE) was able to restore its profitability back to pre-pandemic level and also further strengthened its
17 May 2024 Q-Tech reported strong CCM shipment growth of 39.2% YoY in Apr to 41.6m units. With shipment in the first 4 months grew 28.6% YoY to 148.2m units, we believe its well on track to reach mgmt. guidance
17 May 2024 Sany Heavy announced its 1Q24 business update with revenue decreased by 5.7% YoY to Rmb5.2bn. Gross profit and net profit were down by 4.0% and 20.7% YoY to Rmb1.3bn and RMb515.7m in 1Q24, respectively. GPM edged up
16 May 2024 In recent years, Wasion has been aggressively pushing forward its export business to gain more traction from the international market. Through capitalizing on the China’s “One belt, One road” plan to step up the infrastructure development of
13 May 2024 2024 YTD data already surpass pre-pandemic levels – China witnessed a remarkable resurgence in the mobility of its citizens, with the number of train passengers in 2023 exceeded the pre-pandemic levels, registering a notable growth of 5.3%
13 May 2024 China witnessed a remarkable resurgence in the mobility of its citizens, with the number of train passengers in 2023 exceeded the pre-pandemic levels, registering a notable growth of 5.3% compared to that of 2019. Encouragingly, the latest
