CROSBY Research – Uni-President China (220 HK/NR): Margin Resilience Amid Price Wars; 2026 Poised for Steady Growth
March 6, 2026RESEARCH
06 Mar 2026 UPC’s FY2025 revenue reached Rmb31.71bn, up 4.6% YoY, primarily driven by growth...
CROSBY Research – MiniMax Group (100 HK/NR): FY25 turnover beats market expectation
March 4, 2026RESEARCH
3 Mar 2026 Newly debuted on HKEX in Jan this year, MiniMax announced its first...
CROSBY Research – Yum China (9987 HK/NR): Concord New Energy (182 HK/BUY): Reshaping through headwinds
February 24, 2026RESEARCH
24 Feb 2026 CNE announced profit warning for its FY25 results. FY25 NP is expected...
CROSBY Research – Yum China (9987 HK/NR): Yum China’s Path to 30,000 Stores by 2030
February 10, 2026RESEARCH
10 Feb 2026 Yum China is China’s largest restaurant operator with >18,100 stores across >2,500...
CROSBY Research – Tongda Group (698 HK/NR): Anticipating a turnaround in FY25
February 9, 2026RESEARCH
9 Feb 2026 Tongda just issued a positive profit alert, citing that the company anticipates...
CROSBY Research – Xtep (1368 HK/ BUY): Core brand flat growth in 4Q25
January 30, 2026RESEARCH
30 Jan 2026 Xtep announced its 4Q25 operational results, with retail sales for its Xtep...
CROSBY Research – Johnson Electric (179 HK/NR): 3Q26 business update
January 26, 2026RESEARCH
26 Jan 2026 JE delivered stable top-line performance in 3Q26 (Yr ended Mar), with turnover...
CROSBY Research – Anta Sports (2020 HK/BUY): Expect positive growth for Anta and Fila brands in FY26
January 22, 2026RESEARCH
22 Jan 2026 Anta announced its 4Q25 operational results, with retail sales for its Anta...
CROSBY Research – Sa Sa Intl (178 HK/NR): Re-acceleration in the peak season
January 22, 2026RESEARCH
22 Jan 2026 Sa Sa International announced its 3Q (Oct to Dec) sales figures for...
CROSBY Research – Q Tech (1478 HK/BUY): Anticipating a strong FY25
January 16, 2026RESEARCH
16 Jan 2026 FY25 proved to be a good year for Q Tech as it...
CROSBY Research – 361 Degrees (1361 HK/BUY): Stable YoY growth in 4Q25
January 14, 2026RESEARCH
14 Jan 2026 361 Degrees announced its 4Q25 operational results, with offline retail sales for...
CROSBY Research – Wasion Holdings (3393 HK/BUY): Unconventional energy tech; poised for revaluation
January 9, 2026RESEARCH
9 Jan 2026 We have been covering Wasion for a long time. Over the years...
CROSBY Research – J&T Global Express (1519 HK/NR): Parcel volume in FY25 surpassed the 30 billion mark, up 22.2% YoY
January 9, 2026RESEARCH
9 Jan 2026 J&T just reported strong 4Q25 and full‑year 2025 operating metrics, crossing the...
CROSBY Research – Zijin Mining (2899 HK/NR): Profit Alert Sets the Tone for 2026 — Gold/Silver Upswing & Lithium Scale‑Up
January 5, 2026RESEARCH
5 Jan 2026 On 30 Dec 2025, Zijin Mining issued a positive profit alert, guiding...
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December 31, 2025ANNOUNCEMENT,NEWS
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CROSBY Research – Minth Group (425 HK/NR): Deepening strategic inroads into robotics
December 18, 2025RESEARCH
18 Dec 2025 On 18th December, Minth announced that it has entered into a strategic...
CROSBY Research – Mixue Group (2097 HK/NR): A defensive yet high-growth consumer play expectations
December 17, 2025RESEARCH
17 Dec 2025 Mixue has delivered a stellar performance in 1H25, underscoring the resilience of...
CROSBY Research – RoboSense Technology (2498 HK/NR): Setting sights on profitability milestone in 4Q25
November 27, 2025RESEARCH
27 November 2025 RoboSense’s LiDAR product sales reached 185.6k units in 3Q25, marking a 34.0%...
CROSBY Research – Kuaishou Technology (1024 HK/NR): Kling AI’s 3Q25 growth exceeded expectations
November 21, 2025RESEARCH
21 Nov 2025 Kuaishou’s 3QFY25 revenue was up by 14.2% YoY to Rmb35.6bn, mainly due...
CROSBY Research – Man Wah Holdings (1999 HK/NR): 1HFY26 NP increased by 0.6% YoY on higher GPM
November 18, 2025RESEARCH
18 November 2025 Man Wah reported its Sep-ended 1HFY26 results with top line declined by...




