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
13 May 2024 Pentamaster’s 1Q24 revenue increased 3.3% YoY from MYR165.3m in 1Q23 to MYR170.7m. Automated Test Equipment (ATE) segment revenue decreased 34.5% YoY to MYR72.8m due to weak demand within the automotive end market. Factory Automation Solutions (FAS) segment
29 Apr 2024 Hong Kong’s economy is on track to achieve its fifth straight quarter of moderate growth, said Financial Secretary Paul Chan, vowing to pursue new development opportunities and stimulate local spending through mega events in the coming months.
29 Apr 2024 Doomsday’s strong growth momentum persisted into 1Q24 with Average Monthly Gross Billing (MGB) reached HK$100M in March, while MGB of Doomsday reported HK$78M over 2H23. Management reiterated the target DAU for Doomsday will be 1.0mn in FY24.
25 Apr 2024 Xtep announced its 1Q24 operational results, with retail sales for its Xtep Core Brand recorded a HSD growth YoY, slowing down from 30%+/20%+ growth in 4Q23/1Q23. The first 2 months and 1st half of March saw MSD
25 Apr 2024 Xiaomi held an Investor Day in Beijing on 23 Apr. Management reiterates their ambition of building their integrated “Human x Car x Home” ecosystem with the successful launching of SU7 on 28 Mar. Management also gives optimistic
