China Deep Dive

Real Estate

Rising Housing Vacancies Squeeze Property Manager Onewo, 2025 Net Profit Tumbles Nearly 40%

AIIPO Watch

AI Unicorn SmartMore Files for Hong Kong IPO, Aiming to Become “First Industrial AI Agent Stock”

Real Estate

Property Developer Sunshine 100 Faces Imminent Winding-Up as Debt and Operational Woes Mount

Semiconductor

Chinese AI Chip Giant Cambricon Achieves First Annual Profit Amid Explosive Growth, Rising Inventory, and Intensifying Competition

Pharma

Jacobio Expects to Turn Profitable in 2026 Driven by KRAS Pipeline and BD Partnerships

Consumption

Luckin Coffee Enters Bottled Ready-to-Drink Market to Expand Retail Presence

Lithium

Tinci Materials Posts Strong 2025 Earnings on Lithium Market Rebound, Plans Million-Ton Expansion

Spacesail Satellite Disclose Financing Plan and Global Expansion Amid Early-Stage Losses

IPO Watch

Huge Dental Files for Hong Kong IPO for Third Time Amid Stagnant Growth and Rising Costs

Legend Biotech CAR-T Sales Surge as Profitability Nears: Opportunities and Challenges

IPO Watch

Estun Automation Plunges on Hong Kong Debut, Trades Nearly 50% Below A-Shares Amid Earnings and IPO Liquidity Pressures

Technology

ZTE Profit Fell 30% in 2025 as 5G Boom Fades —Can a Bet on Computing Power Break the Deadlock?

Technology

JD.com’s Growth Slows as Subsidy Effects Fade and New Business Investments Drive Quarterly Loss

Auto

BYD’s Defining Year: From Market Challenger to Global Defender — Where Is the Next Growth Engine?

Auto

BBA Escalates Auto Price War in China as Sales Decline Forces Strategic Reset