CROSBY Research – Man Wah Holdings (1999 HK/NR): 1HFY26 NP increased by 0.6% YoY on higher GPM

18 November 2025 Man Wah reported its Sep-ended 1HFY26 results with top line declined by...

CROSBY Research – Precision Tsugami (China) (1651 HK/BUY): A soild set of 1H26 results with the emergence of new growth driver

17 November 2025 During the review period, Precision Tsugami (China) (PTC) recorded a sustained increase...

CROSBY Research – Johnson Electric (179 HK/NR): 1H26 results showed resilience amid trade shifts

14 November 2025 JE reports its 1H26 (Yr ended Mar) sales of USD1.8bn, representing a...

CROSBY Research – Anta (2020 HK/ BUY): Slight change in full year guidance

13 November 2025 Anta announced its 3Q25 operational results, with retail sales for its Anta...

CROSBY Research – Sany Heavy Equipment (631 HK/NR): 9M25’s momentum on track for a promising FY25

3 November 2025 Sany Heavy announced its 3Q25 business update with revenue increased 14.1% YoY...

CROSBY Research – Xtep (1368 HK/ BUY): Stable growth in 3Q25

23 Oct 2025 Xtep announced its 3Q25 operational results, with retail sales for its Xtep...

CROSBY Research – Precision Tsugami (China) (1651 HK/BUY): Anticipating a soild 1H26

20 Oct 2025 Precision Tsugami (China) (PTC) issued a positive profit alert, citing that benefitted...

CROSBY Research – 361 Degrees (1361 HK/ BUY): Double digit growth in 3Q25

15 Oct 2025 361 Degrees announced its 3Q25 operational results, with offline retail sales for...

CROSBY Research – Gold price breaks above $4,000 an ounce for the first time

10 Oct 2025 Gold extended its historic rally to break above $4,000 an ounce for...

CROSBY Research – Mirxes Holding (2629 HK/NR): Marking a pivotal step in regional expansion through JV

10 Oct 2025 On Monday, Mirxes announced a strategic joint venture (JV) with Xeraya Opportunities...

CROSBY Research – HK Retail – August retail sales beat estimates, Luxury items up 16.4% YoY

3 Oct 2025 Hong Kong’s August retail print offers the clearest evidence yet that the...

CROSBY Research – Alibaba Group (9988 HK/ NR): Advancing a 3Y Rmb380bn AI infrastructure build‑out

26 Sep 2025 At the 2025 Apsara Conference held in Hangzhou on September 24, Alibaba...

CROSBY Research – Nine Dragons (2689 HK/NR): FY25 NP upswing on GPM expansion

25 Sept 2025 ND reported its FY25 results (Yr ended Jun) with revenue amounting to...

CROSBY Research – Wasion Holdings (3393 HK/NEUTRAL): First Southern Grid tender results

22 Sept 2025 Earlier this month, China Southern Power Grid has announced the results of...

CROSBY Research – Central New Energy (1735.HK/ NR) – N-Type Pioneer

19 Sep 2025 CNE is accelerating its transition to sustainable new energy business and prioritizing...

CROSBY Research – Sunny Optical (2382 HK/ BUY): Improving profitability on better product mix

18 Sep 2025 Sunny Optical’s 1H25 revenue was up by 4.2% YoY to Rmb19.65bn, driven...

CROSBY Research – Q-Tech Group (1478 HK/ NEUTRAL): Strong August shipment growth for CCM and FPM

12 September 2025 Q-Tech’s CCM and FPM shipment maintained strong momentum in 8M25. Total sales...

EMPEROR/CROSBY Research: Anta (2020 HK/BUY): Robust sales from Descente and Kolon

12 Sep 2025 Anta’s 1H25 revenue was up by 14.3% YoY to Rmb38.54bn, mainly driven...

CROSBY Research – China Lesso (2128 HK/BUY): 1H25 demonstrated resilience amid challenging market

3 September 2025 In 1H25, the global economic recovery remained sluggish, weighed down by persistent...

CROSBY Research – Wasion Holdings (3393 HK/NEUTRAL): A stellar set of 1H25 results

1 September 2025 Wasion’s 1H25 turnover increased by 17.3% YoY to Rmb4.4bn, while NP grew...