CROSBY Research – 361 Degrees (1361 HK/ BUY): Double digit growth in 3Q25
October 15, 2025RESEARCH
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
October 10, 2025RESEARCH
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
October 10, 2025RESEARCH
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
October 3, 2025RESEARCH
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
September 26, 2025RESEARCH
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
September 25, 2025RESEARCH
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
September 22, 2025RESEARCH
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
September 19, 2025RESEARCH
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
September 18, 2025RESEARCH
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
September 12, 2025RESEARCH
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
September 12, 2025RESEARCH
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
September 3, 2025RESEARCH
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
September 1, 2025RESEARCH
1 September 2025 Wasion’s 1H25 turnover increased by 17.3% YoY to Rmb4.4bn, while NP grew...
CROSBY Research – XTEP (1368 HK/BUY): Strong growth in professional sportswear
August 21, 2025RESEARCH
21 Aug 2025 Xtep’s 1H25 revenue was up by 7.1% YoY to Rmb6,838m, mainly driven...
CROSBY Research – TK Group (2283 HK/ NR): Resilient 1H25 results despite tough operating environment
August 20, 2025RESEARCH
20 Aug 2025 TK Group’s (TKG) 1H25 revenue amounted to HK$1.1bn, representing a YoY increase...
CROSBY Research – OrbusNeich Medical (6929 HK/ NR): Fuel growth through portfolio and capacity expansion
August 18, 2025RESEARCH
18 Aug 2025 OrbusNeich is a global medical device company focused on interventional technologies for...
CROSBY Research – Concord New Energy (182 HK/BUY): Weaker than expected 1H25
August 18, 2025RESEARCH
18 Aug 2025 CNE’s 1H25 revenue was down by 6.6% YoY to Rmb1,400m, mainly due...
CROSBY Research – 361 Degrees (1361 HK/BUY): Online sales recorded strong growth in 1H25
August 14, 2025RESEARCH
14 Aug 2025 1H25 revenue increased by 11.0% YoY to Rmb5.70bn, with adults footwear and...
CROSBY Research – Xtep (1368 HK/BUY): DTC transformation of its main brand to start in 4Q25
July 31, 2025RESEARCH
31 July 2025 Xtep announced its 2Q25 operational results, with retail sales for its Xtep...
CROSBY Research – Minth Group (425 HK/ NR): Capturing the rise of the low-altitude economy
July 24, 2025RESEARCH
24 July 2025 In July, Minth announced that it has entered into the Development Commission...