Greater China
PDD’s quarterly net income fell about 11%.
1
Data Vantage: Drive Lah issues new shares and other updates
2
Chinese fund managers Huaan and HFT Investment to merge
3
Citi's co-head of Asia investment banking Metzger departs
4
KV Asia eyes stake in Indonesian cardiac care chain
5
Carta sets up HK office as global investors reassess China after a strong exit year
More Stories
CVC mulls stake sale in Vietnam hospital operator
Thailand’s B.Grimm restructures pharma unit sale, open to selling majority stake
Asia, Middle East PE execs pocket up to $3.4m in carry despite slow exits: survey
Search infra startup Octen emerges from stealth with $10m seed round
VN Digest: Warburg-founded BW Industrial signs MoUs; Green Xentro partners Green GSM
Its 2025 revenue rose 185% from a year earlier, but missed estimates.
Global smartphone shipments totalled 165.2m units in 2025, missing its target of 180m units.
Vietnam
It posted a net loss of $1.34b in the period.
Heavy marketing spend during the peak shopping season did not translate into a surge in demand.
Tencent’s capex spend in 2025was below internal expectations due to AI chip constraints.
Malaysia
Growth was driven by higher patient volumes and expanding bed capacity.
VinFast recorded a net loss of 35.2 trillion dong ($1.34 billion) in the final quarter of 2025.
Revenue rose 10.5% to 58.4 billion yuan.
Indonesia
Superbank’s earnings were driven by a sharp increase in interest-based income.
