COMPANY NEWS

Meituan’s Q4 Revenue Grows Over 20% YoY, New Business Losses Narrow, Overseas Expansion Accelerates

Tesla China Ships First Batch of Megapack Products from Shanghai Energy Storage Factory to Australia

Capital Market Will Reevaluate Fuel Vehicle Business, Automakers with Fuel Vehicle to be More Valuable – Geely CEO

Poly Property Expects China’s Property Market to Stabilize This year, To Raise Dividend Payout Ratio to 40% in Next Three Years

Fuyao Glass Achieves Record Revenue and Profit in 2024, Plans $400M Expansion of U.S. Plant

PDD Revenue Growth Continues to Slow , Executives Emphasize Platform Ecosystem Development

Geely Auto’s 2024 Revenue Surges 34% to Hit New Record High, Net Profit Soars 213%

Pop Mart Hits New Record High Ahead of Earnings Results, BofA, Morgan Stanley, Goldman Sachs Remain Bullish

GAC Establishes Subsidiary to Launch New Auto Brand with Huawei

Dobot Atom Humanoid Robot Priced Below 200,000 Yuan, Much Lower Than Industry Mainstream Range

Apple Supplier Lens Technology Expected to Complete Hong Kong IPO in Jul – Aug, Aims to Raise $1-1.5 Bn – Sources

Tencent Bought Large Amount of GPUs at End of 2024, Sufficient to Meet GenAI Demand in 2025, Says Management

Four New Foreign Financial Institutions Launched in Shanghai Amid Deepening Financial Opening-Up

BYD’s “God’s Eye” Poses Challenge to Tesla in China’s Autonomous Driving Race – Barclays

Tencent’s Q4 Net Profit Surges 90%, Annual Capex Rises 221% to Record High, Plans to Buy Back At Least HK$80 Bn Shares