Financial Services
MINISO Group Announces March Quarter 2025 Unaudited Financial Results
Revenue grew 18.9 % year over year Significant sequential improvement of same-store sales(1) in MINISO mainland China for March Quarter Gross margin reached 44.2%, up 0.8 ppt year over year Adjusted EBITDA increased 7.5% year over year to RMB1,037.3 million Shareholder returns reached around RM...
New Visions for the Future: 4th China-CEEC Expo & International Consumer Goods Fair Kicks Off
NINGBO, China, May 23, 2025 /PRNewswire/ -- A news report from Ningbo External Communication Center: On May 22, the 4th China-Central and Eastern European Countries (CEEC) Expo & International Consumer Goods Fair opened inNingbo, Zhejiang Province. With the theme "New Visions for the Future," th...
Yunji Selects WWC, P.C. as its Independent Registered Public Accounting Firm
HANGZHOU, China, May 22, 2025 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that the Company's board of directors and the audit committee of the board approved the dismissal of PricewaterhouseCoopers Zhon...
Waterdrop Inc. to Report First Quarter 2025 Financial Results on June 5, 2025
BEIJING, May 21, 2025 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH
NaaS Technology Inc. Receives Notification of Non-Compliance from Nasdaq Regarding Late Filing of Annual Report on Form 20-F
BEIJING, May 21, 2025 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it received a Notice of Non-Compliance (the "Notice") from Nasdaq Stock Market LLC ("Nasdaq") onMay 20, 2025, due to...
UY Scuti Acquisition Corp. Announces the Separate Trading of its Ordinary Shares and Rights
NEW YORK, May 21, 2025 /PRNewswire/ -- UY Scuti Acquisition Corp. (Nasdaq: UYSCU) (the "Company") announced today that, commencingTuesday, May 27, 2025, holders of the units sold in the Company's initial public offering of 5,750,000 units ("Units") may commence separate trading of the underlying ...
New leadership, bold vision: Rakshit Choudhary appointed CEO of Deriv
* Founder Jean-Yves Sireau transitions to Founder role after 25 years of leadership. CYBERJAYA, Malaysia, May 21, 2025 /PRNewswire/ -- Deriv, a global leader in online trading, has announced a major leadership transition asRakshit Choudhary assumes the role of Chief Executive Officer, ushering ...
China Automotive Systems Wins First R-EPS Steering Order From Major European Automaker
WUHAN, China, May 21, 2025 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced that its largest subsidiary by sales, Jingzhou Henglong Auto Parts Manufacturing Co., Ltd. ("Jingzh...
Zeekr Group Releases 2024 Sustainability Report
HANGZHOU, China, May 21, 2025 /PRNewswire/ -- ZEEKR Intelligent Technology Holding Limited ("Zeekr Group" or the "Company") (NYSE: ZK), the world's leading premium new energy vehicle group, today announced that it has published its 2024 Sustainability report ("the report"), available on the Susta...
Weibo Announces First Quarter 2025 Unaudited Financial Results
BEIJING, May 21, 2025 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB and HKEX: 9898), a leading social media inChina, today announced its unaudited financial results for the first quarter endedMarch 31, 2025. "We are pleased with our progresses made on the AI product fr...
Baidu Announces First Quarter 2025 Results
BEIJING, May 21, 2025 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with a strong Internet foundation, today announced its unaudited financial results for the first quarter endedMarch 31, 2025. "Ba...
Wafra Named Euromoney's Best Islamic Fund Manager for Second Consecutive Year
NEW YORK, May 21, 2025 /PRNewswire/ -- Wafra Inc. ("Wafra"), a leading global alternative investment firm headquartered inNew York, announced today that its Global Sukuk Team has been named Best Islamic Fund Manager1 at the 2025 Euromoney Islamic Finance Awards. This marks the second consecutive ...
FinVolution Group Reports First Quarter 2025 Unaudited Financial Results
-First quarter Transaction Volume reached RMB52.1 billion, up 7.9% year-over-year- -First quarter International Transaction Volume reached RMB3.0 billion, up 36.4% year-over-year- -First quarter Revenue reached RMB3,481.0 million, up 10.0% year-over-year- -First quarter International Revenues r...
Health In Tech to Participate as Gold Sponsor at American Trust Investment Services National Conference 2025
STUART, Fl., May 20, 2025 /PRNewswire/ -- Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, today announced that CEOTim Johnson and CFO Julia Qian will represent the company as a Gold Sponsor at the American Trust Investment Services National Confere...
Hainan Free Trade Port-UAE Promotion Conference Held in Dubai
HAIKOU, China, May 20, 2025 /PRNewswire/ -- A report from Hainan International Media Center (HIMC): On May 19, the 2025 China Hainan Free Trade Port-UAE Promotion Conference was successfully held inDubai. Over 250 government and free trade zone participants from the UAE andHainan, along with bus...
ZKH Group Limited Announces First Quarter 2025 Unaudited Financial Results
SHANGHAI, May 20, 2025 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement service platform inChina, today announced its unaudited financial results for the first quarter endedMarch 31, 2025. First Quarter 2025 ...
Vipshop Reports Unaudited First Quarter 2025 Financial Results
Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on May 20, 2025 GUANGZHOU, China, May 20, 2025 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands inChina ("Vipshop" or the "Company"), today announced its unaudited financial results for t...
Tencent Music Entertainment Group to Hold Annual General Meeting on June 27, 2025
SHENZHEN, China, May 20, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform inChina, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 10/F...
Weibo Announces Results of 2025 Annual General Meeting
BEIJING, May 20, 2025 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB and HKEX: 9898), a leading social media inChina, today announced that the following proposed resolutions submitted for shareholder approval have been adopted at its 2025 annual general meeting of shareh...
DouYu International Holdings Limited Reports First Quarter 2025 Unaudited Financial Results
WUHAN, China, May 20, 2025 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform inChina and a pioneer in the eSports value chain, today announced its unaudited financial results for the first quarter endedMa...
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