07 Aug 2023 Global/ China smartphone shipment decline narrowed in 2Q23. Transsion made into top five global ranking in 2Q23; Huawei re-entered top five in China market. Apple Jun quarter results dragged by weak iPhone, Mac and iPad sales. China’s
03 Aug 2023 CNE’s 1H23 revenue was up by 11.3% YoY to Rmb1,490m, mainly due to a 14.5% YoY increase in power sales, which accounted for 80.2% of total revenue (1H22: 78.0%). Revenue from wind power rose by 14.1% YoY
24 Jul 2023 The Fed will publish the FOMC Statement next Wednesday, followed by a press conference where the Chair, Jerome Powell, will answer questions from financial journalists. The Fed is widely expected to raise the funds rate by another
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
