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Unilever Lifts Outlook as Emerging Markets Drive Dove and Rexona Sales Growth
Unilever said first-quarter underlying sales growth reached 3.8%, with emerging markets up 5.7%, India up 7.0% and Personal Care up 3.7%, while deodorants, Dove and Rexona all showed stronger momentum. The company’s own Q2 and H1 2026 consensus table pointed to 4.3% and 4.1% underlying sales growth, suggesting the debate is less about whether Unilever is growing and more about whether the growth is becoming structurally better.
Jul. 28, 2026
BYD Takes on Japan’s Kei Car Market With Tiny EV
BYD has launched the Racco, a kei-class EV priced from 1.95 million yen before taxes and subsidies, and is targeting 10,000 orders by the end of 2026. The launch is less about near-term profit than about testing whether a foreign EV maker can break into a category that still makes up about a third of Japan’s auto sales and is dominated by domestic brands.
Jul. 28, 2026
Hybrid Sales Rise as Tax Credit Expiration Leaves Battery EVs Behind
Federal EV tax credits expired on September 30, 2025, and the post-subsidy market split: battery electric vehicles fell back after a September peak, while hybrids kept gaining share. The EIA’s latest data show a record 16% hybrid share in 2Q26, a 6% battery-electric share in 2Q26, and a broader electrified share of 24%, underscoring that consumers are still buying efficiency but increasingly prefer the less friction-heavy version.
Jul. 27, 2026
CXMT’s Shanghai Listing Tests China’s Memory-Chip Premium
ChangXin Memory Technologies priced its Shanghai STAR Market IPO at 8.66 yuan a share, raised 57.92 billion yuan and was valued at about 579 billion yuan, making it the largest mainland Chinese semiconductor offering on record. The deal’s scale, tiny free float and timing in an AI-driven memory upcycle make it a test of whether investors are pricing a structural re-rating or a cyclical peak.
Jul. 27, 2026
CXMT's $8.6 Billion IPO Puts Asia's Memory Trade to the Test
China’s ChangXin Memory Technologies will start trading in Shanghai on July 27 after raising 57.92 billion yuan, or about $8.6 billion, in what has become Asia’s biggest IPO so far in 2026. The deal is a test of whether investors will keep paying up for China’s chip self-sufficiency drive, or whether the memory cycle and valuation discipline will reassert themselves after the first-day excitement fades.
Jul. 27, 2026
CXMT Founder Zhu Yiming’s Bonus Pledge Turns a Blockbuster IPO Into a Talent Test
ChangXin Memory Technologies’ Shanghai debut raised as much as 66.6 billion yuan and saw the stock jump about 472% on day one, briefly making it the most valuable company listed on a mainland Chinese exchange. The bigger question is whether founder Zhu Yiming’s reported promise to share part of his post-IPO fortune with employees can help CXMT retain scarce chip talent in a cyclical but strategically important memory market.
Jul. 27, 2026
China’s National Team Steps In to Provide a Tech Stock Put
China’s state-backed investors have stepped back into the market with a bid to steady technology shares, after official media said the CSRC would meet market participants and central state investment firms disclosed fresh purchases. China Chengtong said it had recently bought nearly 10 billion yuan of central SOE stock, while China Reform Holdings said it was deploying more than 50 billion yuan through a special re-lending facility. The support can slow the selloff, but it does not solve the earnings and confidence problems underneath it.
Jul. 26, 2026
Tencent Sells Kuaishou Stake for $1.5 Billion in Massive Block Trade
Tencent Holdings has executed its largest-scale divestment from Kuaishou Technology, selling 272.9 million Class B shares through an off-market block trade to secure $1.505 billion (HK$11.8 billion). The transaction reduces Tencent's equity stake from 15.68% to 9.37%, stripping the tech giant of its status as a "substantial shareholder" under Hong Kong listing rules. While both firms maintain that strategic partnerships remain intact, the massive stake sale comes amid cooling revenue growth and a drop in Kuaishou's adjusted first-quarter net profit, underscoring a broader shift in Tencent’s portfolio management strategy toward generative AI.
Jul. 10, 2026
Nearly 80,000 Chinese AI-related Firms Disappear Since ChatGPT Launch
Despite the initial surge in AI startups fueled by the technology boom, many companies have struggled with financial viability, facing the dual challenges of high cash burn rates and a cooling investment climate.
Jul. 3, 2024
Chinese electric vehicle (EV) manufacturer Nio Inc. i
Chinese electric vehicle (EV) manufacturer Nio Inc. i
Jun. 12, 2024
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