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The “No-Error Era” for AI Chip Stocks: Marvell Meets Expectations Yet Plunges 11%
TradingKey - Custom chip giant Marvell Technology (MRVL) reported its latest quarterly results:Q2 revenue hit a record $2.01 billion, up 58% year-over-year. Adjusted EPS of $0.67, in line with market expectations.
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Aug 29, 2025
Deeply Committed to Long-Termism: China Leon Inspection Builds Long-Term Competitive Barriers through Dual Drivers of Globalization and AI Innovation
[Hong Kong－29, August 2025] The reputable international inspection and testing company, China Leon Inspection Holding Limited (“Leon Inspection” or the “Company”, together with its subsidiaries, the "Group")(Stock code: 1586.HK) is pleased to announce that, amidst a complex environment marked by escalating geopolitical conflicts, fluctuating trade policies, and rising uncertainties in the commodity market, the Group has adhered to its “long-termism” development philosophy. By intensifying strategic investments in the expansion of its global service network and the research and application of AI technology, the Group has laid a solid foundation for sustainable mid-to-long-term growth. In the first half of 2025, the Company achieved revenue of approximately HK$602.8 million, with profit attributable to the Company’s owners for the period amounting to approximately HK$40.7 million. Investments in global network expansion, AI-driven technological innovation, and talent development during the first half of the year have impacted short-term performance but have significantly strengthened the Group’s triple moat of “service network + innovative technology + brand credentials.” This positions the Group to seize broader growth opportunities in the Testing, Inspection, and Certification (TIC) industry, enhancing its long-term value creation capabilities.Global Service Network Upgraded Further, Capturing Opportunities in Emerging MarketsThe Group continues to deepen its global presence and diversify its business operations. Its service network, previously covering major trading ports and hub cities in the Asia-Pacific region, has now extended to multiple emerging markets. In the first half of 2025, the Group accelerated its overseas market expansion, adding 200 new overseas employees and focusing on high-potential markets such as Africa and the Middle East, injecting strong momentum into the Group’s performance growth. As of June 30, 2025, the Group’s global network comprises 80 branches and professional laboratories across 19 countries, with a global workforce of 3,574 employees, significantly enhancing its localized service capabilities and customer response efficiency.Focusing on AI-Driven Technological Innovation, Ushering in a New Era for the TIC IndustryIn the first half of 2025, the Group prioritized AI as a key area for technological application, seizing opportunities in the AI industry’s rapid development. The Group made significant strategic investments in the research and application of AI robotics, proactively preparing for industry transformation through forward-looking efforts in talent acquisition and technological upgrades. By leveraging AI and robotics to drive technological innovation, the Group has accelerated AI empowerment across business scenarios, establishing a blueprint for intelligent enterprise development.In the first quarter of this year, the Group announced phased achievements in AI technology applications, achieving breakthroughs in innovative applications and deploying them across three key scenarios. The Group’s Information Technology Center, through its independently developed “Leon AI System,” has pioneered the deep integration of large-scale AI models with core energy inspection operations, marking the official transition of traditional inspection services into an “intelligent-driven” new phase. Additionally, addressing the personalized needs of modern enterprise safety production, the Group has integrated IoT, big data analytics, and multimodal AI technologies to advance the development and implementation of an intelligent safety production platform. This platform, powered by AI, aims to optimize enterprise safety management efficiency by deeply analyzing unique safety risk characteristics and seamlessly integrating with operational systems. In the second half of 2025, the Group plans to further advance the global deployment of its AI system, achieving continuous breakthroughs in establishing cross-border intelligent inspection mutual recognition systems, developing AI-based carbon emission accounting modules, and building quality prediction models for energy commodities.Commodity Business Reaches New Heights, Professional Services and Brand Credibility Recognized by the MarketLeveraging its outstanding technical qualifications and global service experience, the Group has solidified its leadership in the commodity inspection sector. In the first half of 2025, the Group secured qualifications as a designated inspection agency for the Shanghai Futures Exchange’s “aluminum alloy futures” and the Guangzhou Futures Exchange’s “polysilicon futures.” To date, the Group has obtained qualifications from China’s five major exchanges (Shanghai Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange, Guangzhou Futures Exchange, and Shanghai International Energy Exchange) for 13 core futures products, including ferroalloys, lithium carbonate, and industrial silicon. This makes the Group one of the most comprehensive inspection agencies in China, covering new energy metals, ferrous metals, and non-ferrous metals, laying a strong foundation for serving global commodity industry leaders. Moving forward, the Group will accelerate expansion into emerging markets such as the Middle East, Africa, and Southeast Asia, focusing on high-growth new energy sectors, reinforcing professional technical barriers, and fostering differentiated competitive advantages. With impartial, efficient, and professional services, the Group will contribute to the high-quality and sustainable development of the new energy industry, enhancing its global competitiveness.Below is the list of futures inspection qualifications obtained by the Group and its subsidiaries from major exchanges to date:Exchange Futures products Shanghai Futures Exchange Copper, aluminum, zinc, alumina, aluminum alloy Dalian Commodity Exchange Coking coal, coke, iron ore Zhengzhou Commodity Exchange Thermal coal, ferrosilicon, manganese-silicon Guangzhou Futures Exchange Industrial silicon, lithium carbonate, polysilicon Shanghai International Energy Exchange Bonded copper Comprehensive ESG Service Capabilities Highlighted, Green and Low-Carbon Achievements Recognized by AuthoritiesAligned with its core ESG (Environmental, Social, Governance) sustainable development strategy, the Group has adopted a three-dimensional approach—“ESG-Friendly, ESG+, ESG-Focused”—to provide clients with comprehensive green services covering “inspection, consulting, and trading.” In clean energy, the Group has developed full-lifecycle service capabilities for wind and solar power, including manufacturing supervision, unit maintenance testing, and power generation stability optimization. In environmental protection, the Group’s Leak Detection and Repair (LDAR) services help enterprises reduce pipeline accident rates and achieve low-carbon emission reductions. In climate change, the Group’s expertise in carbon asset trading and carbon neutrality solutions has positioned it as a core trader in the Beijing carbon market, earning the “2024 Best Trading Award” from the Beijing Green Exchange, underscoring the industry’s high recognition of the Group’s carbon market service capabilities. As global carbon market regulations become clearer, the Group will further leverage its expertise in carbon market mechanisms and its ability to integrate government and enterprise resources to help more clients align with international carbon reduction frameworks, seizing opportunities in the green and low-carbon transition.Mr Li Xiangli, Chairman and Chief Executive Officer of China Leon Inspection Holding Limitedstated that: “Short-term performance fluctuations are an inevitable part of strategic investments. The Group remains committed to long-term value creation. Moving forward, we will focus on deepening our global presence, advancing AI-driven technological innovation, and strengthening ESG capabilities to build an inimitable competitive moat, continuously creating long-term value for shareholders, clients, and society.”-END-About China Leon Inspection Holding LimitedChina Leon Inspection Holding Limited (stock code: 1586. HK) was listed on the Main Board of the Stock Exchange in 2016. The Company is China’s first international leading inspection and testing company listed in Hong Kong, focusing on integrated solutions for climate change and green and low-carbon sustainable development. The Company provides global industry leaders with a wide range of one-stop services in testing, and inspection, as well as technical and consulting services around the clock, focusing on four key areas, namely commodity services, clean energy, environmental protection and climate change, empowering global industry leaders to achieve ecofriendly and low-carbon transformation. The Company continues to strengthen its global network layout, expanding its presence from major trading ports and hub cities in the Asia Pacific region to emerging markets in South America and Africa serves, and comprises 80 branches and professional laboratories globally. ESG-oriented development is a key priority for the Company’s “3+X” development strategy. Through the three main implementation dimensions of (1) ESG-Friendly+; (2) ESG+; and (3)ESG+-Focused , we have achieved our ESG development strategies, fulfilled our corporate social responsibility, and contributed to the green and low-carbon transition of the industry.29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Aug 29, 2025
HK Movers | Biotech Stocks Surge With Cutia Therapeutics up 14%
Biotech stocks surged in Hong Kong on Friday. Cutia Therapeutics rose 14%; Antengene rose 13%; HBM Holdings and TransThera Sciences rose 9%; RemeGen rose 8%; CARsgen Therapeutics rose 7%; WuXi Biologics rose 6%.with CUTIA-B(02487) rising over 12%, HBM HOLDINGS-B(02142) climbing over 9%, and REMEGEN(...Tiger News
Aug 29, 2025
HK Movers | Gold Stocks Jump as Gold Climbs Closer to Record
Gold headed for a consecutive weekly gain that’s pushed it closer to a record high, as investors braced for an inflation reading that may prove key to US monetary easing this year.Gold stocks rose in Hong Kong. China Gold International Resources rose 6%; Zhaojin Mining, Chifeng Gold, and Lingbao Gol...Tiger News
Aug 29, 2025
24H | Gold Stocks Shine With Anglogold Rising 5%; Uranium Up 5%; BIT Mining Up over 4%; Energy Fuels Up 3%; SOXL Falls Nearly 2%
Gold stocks climbed in overnight trading with Anglogold up over 5%; Gold Fields up over 3%. Gold headed for a consecutive weekly gain that’s pushed it closer to a record high, as investors braced for an inflation reading that may prove key to US monetary easing this year. Bullion was steady early Fr...Tiger News
Aug 29, 2025
Hk Movers | Guotai Junan International Surges 14% on Crypto Trading Launch
Guotai Junan International shares surged 14.1% in early trading in Hong Kong, as the Company officially launched cryptocurrency trading services in Hong Kong.Yesterday, Guotai Junan International announced that its parent company, Guotai Haitong Group's subsidiary, Guotai Junan International Holding...Tiger News
Aug 29, 2025
24H｜Elastic Soars 22%; Ambarella Pops 20%; Petco and Affirm Surge 18%; IREN Jumps 14%; Autodesk Gains 10%
Elastic shares soared 21.9% in overnight trading after the search AI platform Provider reported fiscal first-quarter results and full-year guidance that topped Wall Street's estimates by a wide margin.Ambarella shares surged 20.2% after the edge AI semiconductor company reported second-quarter earni...Tiger News
Aug 29, 2025
Post-Bell | S&P 500, Dow Score Record High Closes; Nvidia Falls 0.8%; Snowflake Jumps 20%; Pure Storage Soars 32%
The S&P 500 and Dow Jones Industrial Average notched record high closes on Thursday after Nvidia's quarterly report fell short of investors' high expectations but confirmed that spending related to artificial intelligence infrastructure remains strong.Market SnapshotThe S&P 500 climbed 0.32% to end ...Tiger News
Aug 28, 2025
Elastic Soars as Q1 Results, Full-Year Guidance Top Wall Street's Expectations
Elastic shares rose 18.5% in extended-trading on Thursday after the search AI platform Provider reported fiscal first-quarter results and full-year guidance that topped Wall Street's estimates by a wide margin.For the period ending July 31, Elastic said it earned an adjusted $0.60 per share as reven...Tiger News
Aug 28, 2025
Trio Group (1710.HK) Achieved Revenue of HK$404.7 Million for 1H 2025 with Proposed Interim Dividend of HK0.6 Cent; Advancing the 'Greater Asia New Energy Business Circle' Strategy
Trio Industrial Electronics Group Limited (1710.HK) AchievedRevenue of HK$404.7 Million for 1H 2025 with Proposed Interim Dividend of HK0.6 Cent; Advancing the 'Greater Asia New Energy Business Circle' Strategy[Hong Kong – 28 August 2025] Trio Industrial Electronics Group Limited (“Trio Group” or the Group”, Stock code: 1710), a leading manufacturer and distributor of advanced industrial electronic components and products in Hong Kong, is pleased to announce the consolidated interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2025 (“the Period”).During the Period, Europe and North America remained the Group's principal markets, contributing 92.1% of total revenue. Multiple challenges including high interest rates, ongoing geopolitical tensions, and the implementation of revised U.S. tariffs policies led to cautious customer behavior, reducing orders to manage inventories more tightly, while others accelerated expansion to capture emerging opportunities. The divergence in customer behaviour resulted in fluctuations in demand, impacting both order visibility and the overall composition of the Group’s product mix. Amid these dynamics, the Group achieved revenue of HK$404.7 million for the Period, increased by 4% comparing with HK$389.2million for the six months ended 30 June 2024. The revenue increase was primarily driven by higher shipments of smart vending systems, partially offset by softer demand for smart chargers, switch-mode power supplies and electro-mechanical products. Additionally, gross profit rose 12.5% year-on-year to HK$76.1 million, with a gross margin of 18.8%, up 1.4 percentage point compared with last year. Loss attributable to owners of the Company decreased by 42.9% to approximately HK$14.8 million for the Period. The Group has maintained a robust financial position, with cash and cash equivalents (including restricted bank deposits) of approximately HK$103.6 million, a positive net cash position (cash and cash equivalents minus borrowings) and a current ratio of approximately 2.2 times, which remained the same as at 30 June 2025 and 31 December 2024.To enhance supply chain resilience and to serve end markets more effectively, the Group optimised its manufacturing network through setting up a new factory in the UK. The new UK factory commenced operations during the Period, further strengthening capacity, shortening lead times for European customers and diversifying production risk alongside the Group’s existing facilities in the PRC, Thailand and Ireland.Regarding the business development, the Group continued its strategic diversification into the new energy sector under the “Deltrix” brand, expanding its portfolio from smart electric vehicle (“EV”) chargers to include smart energy storage and smart digital advertising kiosks to capture high-growth opportunities driven by global decarbonisation and energy-efficiency agendas and the shift towards new energy solutions. In alignment of the PRC’s “Belt and Road” Initiative, the Group advanced its Central Asia platform in Kazakhstan. Three model EV charging stations in Almaty served as demonstration hubs integrating smart Deltrix EV charging infrastructure, smart energy storage, smart car wash facilities and smart digital advertising kiosks – forming a comprehensive EV charging ecosystem.Mr. Cecil Wong, the Chairman of Trio Industrial Electronics Group Limited said, “Despite global economic uncertainties, the Group maintains a stance of cautious optimism due to healthy order backlog in the EMS business and our progressive development in the new energy business. We are advancing its vision of a “Greater Asia New Energy Business Circle” – a strategic network integrating EV charging infrastructure, energy storage, digital advertising and smart service solutions across multiple regions. In Central Asia, we have partnered with Sinooil (China National Petroleum) to deploy EV charging and digital advertising facilities across approximately 140 Sinooil service stations in Kazakhstan. Looking ahead, we will build out a comprehensive ecosystem that combines digital advertising, automated car-wash services and convenience retail to help Chinese enterprises expand their market presence in Central Asia and supports the Group’s objective of becoming a leading outdoor media provider in Kazakhstan. Moreover, we are expanding into Uzbekistan, with plans to build an electric heavy-duty truck manufacturing factory and establish smart charging stations to support the country’s transition to sustainable transportation.”He further mentioned, ‘Beyond Central Asia, the Group is extending its new energy footprint in Southeast Asia, initially focusing on Thailand, the Philippines and Malaysia. Leveraging its expertise in new energy solutions, the Group aims to establish a strong position in these fast-growing markets and plans to manufacture Deltrix-branded electric motorcycles for these markets. This business roadmap aligns with the Group’s long-term commitment to sustainability, technological innovation and value creation for stakeholders. We are well-positioned to capitalise on the opportunities presented by the new energy sector and strengthen our market position for long-term business development."About Trio GroupTrio Industrial Electronics Group is a manufacturer and distributor of advanced industrial electronic components and products in Hong Kong with nearly 40 years of industry experience. It is also the first Hong Kong-based industrial electronic company awarded with the Industry 4.0 maturity certificate - Industry 4.01i level. The Group’s major products include smart chargers, electro-mechanical product and switch-mode power supplies, which are widely used in smart city systems, medical and healthcare sector, as well as renewable energy field. The Group has built up a good reputation and become a trusted supplier to various international well-known brands. The majority of its clients are from Europe and the US while some from Southeast Asia and PRC. In addition, the Group and its partner have developed their own EV charger solution - Deltrix since 2017, which has been launched in the European market in response to the global efforts to develop smart economies.This press release is issued by DLK Advisory Limited on behalf of Trio Industrial Electronics Group Limited.For more details, please contact:Skye Shum - IR Managerskyeshum@triohk.com.hkPR media:DLK Advisorypr@dlkadvisory.comFile: Trio Group 1710.HK Achieved Revenue of HK$404.7 Million for 1H 2025 with Proposed Interim Dividend of HK0.6 Cent Advancing the 'Greater Asia New Energy Business Circle' Strategy29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Aug 28, 2025
Top Calls on Wall Street: Nvidia, Tesla, Broadcom, Snowflake, CrowdStrike and More
Here are the biggest calls on Wall Street on Thursday:Goldman Sachs reiterates Snowflake as buyGoldman says the stock is best-in-class following earnings.“We reiterate our Buy rating and raise our PT to $260 ($230 prior) as we credit Snowflake’s best-in-class Rule-of profile with 30%+ Revenue Growth...Tiger News
Aug 28, 2025
Newborn Town Inc. (SEHK: 9911) Achieved 40.0% Growth in 2025 H1 Revenue, Profit Attributable to the Owners of the Company Surged by 117.8%
Newborn Town Inc. (SEHK: 9911) Achieved 40.0% Growth in 2025 H1 Revenue, Profit Attributable to the Owners of the Company Surged by 117.8%[Hong Kong – 28 August 2025] Newborn Town Inc. (Newborn Town or the company, together with the subsidiaries as ‘the Group’, stock code: 09911.HK), a leading global social entertainment company, released its interim results for the first half of 2025. Fueled by explosive growth in social networking and innovative businesses, alongside enhanced AI integration, the Group achieved impressive results in the first half, with total revenue increasing by 40.0% year-on-year and profit attributable to the owners of the Company surging by 117.8% year-on-year.Regarding the performance of its business segments, the social networking segment remained the Group’s primary revenue driver. New products such as TopTop and SUGO continued to perform strongly, while flagship products like MICO and YoHo maintained stable profit contributions. The innovative business saw a robust 70.5% year-on-year revenue growth, driven by quality games and social e‑commerce.The MENA region, recognized as one of Newborn Town’s key markets, continued to unlock huge business potential for the first half. Its core social products achieved over 60% YoY growth in business scale during this period.Robust Growth across Financial Metrics boosted by “Social + Innovation” Dual EnginesFor the six months ended 30 June 2025, the Group achieved revenue from contracts with customers of RMB 3,181million, representing a year-on-year increase of 40.0%. Gross profit reached RMB1,775million, up 55.6% year-on-year. Profit attributable to equity shareholders of the company was RMB489million, reflecting an impressive 117.8% year-on-year increase. Adjusted EBITDA totaled RMB 646 million, demonstrating a 44.0% year-on-year growth.The social networking business continued its steady expansion, generating revenue of RMB2,834million, up 37.0% year-on-year. In particular, the companion-based social networking platform SUGO and gaming-oriented social networking platform TopTop delivered exceptional results, with revenue growth exceeding 100% for both. Meanwhile, profits for SUGO and TopTop grew by over 150% and 100% year-on-year, respectively.Notably, TopTop’s monthly recharge amount has surpassed US$10 million for the first half, making it the company’s third product - after MICO and SUGO - to reach this milestone. This achievement not only reflects Newborn Town’s strength in executing its core strategy of replication but also highlights the significant opportunity in cultivating a ‘bush-like’ product portfolio globally.Revenue from the innovative business segment reached RMB347million, representing a year-on-year increase of 70.5%. The flagship games including Alice’s Dream: Merge Games entered a phase of long-term operation, steadily contributing to the company’s profit. Meanwhile, the social e-commerce platform, Heer Health, achieved profit growth of over 100% year-on-year, further consolidating its leading position in the HIV prevention and sexual health services sectors.Rooted in the Middle East while Expanding Globally: MENA Market’s Business Scale Surges Over 60%The MENA region continued to serve as a strategic market for Newborn Town and unlocked strong commercial potential in the first half of 2025. According to the announcement, the business scale from the Group’s core social networking products in the MENA region surged over 60% year-on-year in the first half of 2025, sustaining the strong growth momentum established in 2024.This success underscores the Group’s long-term commitment to the MENA region and the effectiveness of its refined operational strategies, further reinforcing its leadership in local markets. With multiple flagship products leading their respective categories, the Group is steadily advancing toward its strategic goal of complete market penetration in the MENA region. Newborn Town’s global business strategy continues to evolve, with its social networking business primarily focused on the MENA and SEA regions, while its quality games portfolio targets developed markets such as North America, Japan, and South Korea. SUGO, one of the company’s flagship apps, completed its initial launch in several regions across Latin America and Europe, demonstrating strong market adaptability in both its business model and product design. The first half of 2025 has been marked by both opportunities and challenges across global markets. In this context, Newborn Town’s steady growth highlights the foresight and resilience of its "bush-like" strategy, further demonstrating the company’s strong ability to achieve sustainable and organic growth.Deeper AI Integration Fuels Sustainable Business GrowthIn the first half of 2025, Newborn Town further integrated AI into its business operations, accelerating R&D efficiency, enhancing operational precision, and significantly improving the user experience of its social apps while optimizing the overall social ecosystem.For example, SUGO achieved significant operational improvements driven by AI, with key metrics like average time spent per user, payment ratio and ARPU steadily showing growth.AI also played a vital role in strengthening the Group’s risk management system in its platforms, fostering a healthy social environment. This has a positive impact on strengthening user trust and satisfaction, improving new user acquisition, and enhancing overall user retention.In addition to its AI integration efforts, Newborn Town has actively pursued the development of AI-powered products. In the first half of 2025, the company launched Aippy, an AI-driven no-code community that enables users to easily build websites, mini-games and other creative content, as well as interact with one another. Designed for users without programming background, Aippy is currently available on iOS.Over the past years, Newborn Town has continued to upgrade its globalization strategy. Following the establishment of its regional headquarters in Riyadh in 2024, the Group officially opened its global headquarters in Hong Kong in June 2025. Looking forward, by leveraging the pivotal role of its Hong Kong global headquarters, Newborn Town will collaborate closely with its global R&D and operation centers to scale its business and create positive emotional value to users worldwide.About Newborn TownNewborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911. Committed to creating positive emotional values worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop, SUGO and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company.For enquiries, please contactDLK Advisory pr@dlkadvisory.com28/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Aug 28, 2025
Nvidia Stock Pared Loss In Premarket As Investors Buy Dip Following Earnings Report
Nvidia stock pared loss in premarket after initially slipping 2% following the report.Nvidia Q2 sales surged 56% in the quarter to $46.74 billion, topping Wall Street’s projected $46.06 billion, according to LSEG. The company reported adjusted earnings per share of $1.05, which was higher than the $...Tiger News
Aug 28, 2025
Pre-Bell｜Stock Futures Inched Higher After US GDP Expands At Revised 3.3% Rate; Snowflake Up 14%; Pure Storage Up 13%; DiDi Down 5%
Stock futures inched higher on Thursday as U.S. Q2 GDP growth, annual rate, revised to +3.3% Q/Q from the initial estimate of 3.0%, the Commerce Department's Bureau of Economic Analysis said on Thursday. The measure compares with the 3.1% consensus estimate and contrasts with the 0.5% decline in Q1 ...Tiger News
Aug 28, 2025
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