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...
CROSBY Research – XTEP (1368 HK/BUY): Strong growth in professional sportswear
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
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
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
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
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
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
24 July 2025 In July, Minth announced that it has entered into the Development Commission...
CROSBY Research – Anta (2020 HK/BUY): Weaker than expected 2Q25 sales growth for Anta Brand
18 Jul 2025 Anta announced its 2Q25 operational results, with retail sales for its Anta...
CROSBY Research – 361 Degrees (1361 HK/BUY): More Super Premium Stores were opened in 2Q25
15 Jul 2025 361 Degrees announced its 2Q25 operational results, with offline retail sales for...
CROSBY Research – Johnson Electric (179 HK/ NR): Alliance of innovation: Forging the humanoid robotic frontier through JVs
17 July 2025 Johnson Electric (JE) announced that it has entered into two JV agreements...
CROSBY Research – Wasion Holdings (3393 HK/ BUY): Sustained progress in brand globalization with increasing recognition
15 July 2025 Wasion announced that it has been awarded a smart meter tender contract...
CROSBY Research – Sunny Optical (2382 HK/BUY): VLS Shipment continues to exceed expectations
15 Jul 2025 Handset Lens Sets (HLS) shipment in Jun was down by 3.1% MoM...
CROSBY Research – Hong Kong Retail: Retail sales in April down by 2.3% YoY
05 June 2025 According to data released by the Hong Kong Census and Statistics Department...
CROSBY Research – SinoMab BioScience (3681 HK/ NR): An innovative immunology specialist
2 Jun 2025 Based in Hong Kong, SinoMab is a pioneering biopharmaceutical company specializing in...
CROSBY Research – Kuaishou (1024 HK/NR): 1QFY25 revenue up 10.9% YoY
30 May 2025 Kuaishou’s 1QFY25 revenue was up by 10.9% YoY to Rmb32.6bn, mainly due...