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The listing Business is flourishing, and the HKEX achieved a record profit in the first quarter.
In the first quarter of 2025, the Hong Kong Stock Exchange's Net income reached 4.08 billion HKD, a staggering 37% year-on-year growth, setting a historical quarterly record. The AI boom, the return of Chinese concept stocks, and Trump’s policies have led to drastic market fluctuations, collectively driving up Trade volume and settlement income.
Midea's Q1 revenue increased by 20.5% year-on-year, net income surged by 38%, new business is experiencing explosive growth | Earnings Reports insights.
Midea's new Business performance is impressive: In the first quarter, New energy Fund and industrial technology revenue reached 11.1 billion yuan, a year-on-year increase of 45%; Asia Vets revenue was 9.9 billion yuan, a year-on-year increase of 20%; Siasun Robot&Automation revenue was 7.3 billion yuan, a year-on-year increase of 9%. Midea also announced plans to spin off Ande Intelligent Connectivity for listing on the Main Board of the Hong Kong Stock Exchange.
Annual Report 2024
Shenzhen Mindray Bio-Medical Electronics' Q1 revenue decreased by 12.12% year-on-year, and Net income decreased by 16.81% year-on-year | Earnings Reports Insights.
More news is being continuously updated.
Gree Electric Appliances, Inc. of Zhuhai's net income increased by 11% last year, and there are subtle changes in the income composition classification that has been used for three years.| Interpretations
① Gree Electric Appliances, Inc. of Zhuhai's net income attributable to shareholders in 2024 grew by only about 11% compared to the previous year. The weakness in growth of traditional home appliances is an undeniable fact, and finding new performance increments is one of the most important issues facing these manufacturers. ② In the 2024 annual report, Gree Electric Appliances, Inc. of Zhuhai adjusted the revenue composition that had been used for many years, which may reveal the psychological changes of Gree Electric Appliances, Inc. of Zhuhai when facing diversification issues.
Contemporary Amperex Technology and other Battery manufacturers compete with new products as the supercharging and fast charging storm approaches | New forces at the auto show.
① Battery manufacturers took center stage at the auto show, with Contemporary Amperex Technology, Sunwoda Electronic, and Eve Energy Co., Ltd. competing with new products at the Shanghai Auto Show; ② A storm of ultra-fast charging has arrived, with megawatt fast-charging products from companies like BYD, Huawei, and ZEEKR showcased at the auto show.