Top Page
China New Economy Fund Ltd.
(0080)
China New Economy Fund Ltd. (0080) vs. iShares MSCI Hong Kong ETF (EWH)
China New Economy Fund Ltd. Business Overview & Revenue Model
China New Economy Fund Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -2.79M | -2.84M | -59.02M | -8.81M | -35.87M | -30.01M |
| Gross Profit | -3.49M | -6.03M | 126.34K | -9.79M | -36.77M | -30.73M |
| EBITDA | -20.40M | -27.58M | -50.79M | -52.43M | -4.57M | -30.88M |
| Net Income | -20.60M | -28.98M | -52.44M | -52.75M | -4.98M | -31.11M |
Balance Sheet | ||||||
| Total Assets | 60.14M | 65.12M | 95.24M | 149.41M | 115.83M | 77.61M |
| Cash, Cash Equivalents and Short-Term Investments | 51.37M | 55.97M | 83.65M | 144.27M | 111.63M | 72.55M |
| Total Debt | 0.00 | 197.90K | 1.46M | 536.98K | 924.56K | 77.11K |
| Total Liabilities | 3.63M | 4.26M | 5.41M | 7.13M | 2.09M | 6.50M |
| Stockholders Equity | 56.51M | 60.86M | 89.84M | 142.27M | 113.74M | 71.11M |
Cash Flow | ||||||
| Free Cash Flow | -7.22M | -2.88M | -9.90M | -9.22M | -13.32M | -14.44M |
| Operating Cash Flow | -7.22M | -2.88M | -9.90M | -9.22M | -13.32M | -14.44M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -858.88K | -1.42M | -619.47K | 80.90M | 44.44M | 39.98M |
China New Economy Fund Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | HK$57.23M | 4.79 | 12.66% | ― | 43.59% | 104.35% | |
57 Neutral | HK$166.42M | 8.13 | 3.56% | ― | 38.96% | 700.00% | |
47 Neutral | HK$305.32M | 2.08 | 65.83% | ― | 35.11% | ― | |
46 Neutral | HK$682.94M | -25.95 | -30.83% | ― | ― | ― | |
45 Neutral | HK$374.65M | 35.66 | 11.27% | ― | 99.09% | ― |
China New Economy Fund Ltd. Corporate Events
CAI Corp has announced a delay in sending to shareholders a circular related to its previously disclosed plans to acquire equity interests in two target companies through discloseable and connected transactions that will be settled partly via the issue of consideration shares under a specific mandate, alongside the proposed adoption of a 2025 share scheme. The circular, which will contain full details of the acquisition agreements, valuation reports, the new share scheme and independent advice to minority investors ahead of an extraordinary general meeting, will now be dispatched on or before 30 January 2026 to allow more time to finalize information, slightly extending the timetable for shareholder approval and execution of the deals and incentive plan.
The most recent analyst rating on (HK:0080) stock is a Hold with a HK$0.37 price target. To see the full list of analyst forecasts on China New Economy Fund Ltd. stock, see the HK:0080 Stock Forecast page.
CAI Corp has announced that its chief financial officer, Mr. Tai Man Hin Tony, will resign with his last day of employment on 31 December 2025 to pursue other career opportunities. The company stated that Mr. Tai has no disagreements with the board and is unaware of any issues related to his departure that need to be brought to shareholders’ attention, and the board expressed gratitude for his contributions, framing the transition as orderly and not indicative of governance or operational disputes.
China New Economy Fund Ltd. has announced discloseable and connected transactions involving the acquisition of equity interests in two companies, Forestheaven and EXIO, totaling 12.24% combined equity interest. The acquisitions will be financed through the issuance of consideration shares under a specific mandate. Additionally, the company proposes the adoption of a new 2025 Share Scheme, replacing the expired 2015 Share Option Scheme. These moves are expected to bolster the company’s investment portfolio, enhance shareholder value, and potentially create growth opportunities in its target industries.
CAI Corp, formerly known as China New Economy Fund Ltd., announced its unaudited net asset value per share as of November 30, 2025, which stands at approximately HK$0.14. This valuation is based on the issuance of 1,979,550,411 ordinary shares. The announcement provides stakeholders with an updated financial metric crucial for assessing the company’s market position and financial health.
CAI Corp, formerly known as China New Economy Fund Limited, has officially changed its company name, stock short name, and company website, and adopted a new company logo. These changes, effective from December 1, 2025, will not affect the shareholders’ rights or the company’s daily operations and financial position. The stock code remains unchanged, and existing share certificates will remain valid.
China New Economy Fund Limited has announced significant changes in its board of directors, effective from November 21, 2025. Mr. Lui Cheuk Hang Henri has been appointed as an executive director, while Professor Li Jin joins as an independent non-executive director and a member of several committees. These appointments come alongside the resignation of Dr. Zhu Haokang and the change of authorized representative and process agent. These changes are expected to impact the company’s governance structure and potentially influence its strategic direction.
China New Economy Fund Limited has announced the composition of its board of directors, which includes executive, non-executive, and independent non-executive directors. The board members are involved in various committees, such as the Audit, Remuneration, and Nomination Committees, indicating a structured governance framework. This announcement highlights the company’s commitment to maintaining a diversified and experienced leadership team, which could positively influence its strategic decision-making and enhance stakeholder confidence.
China New Economy Fund Ltd. announced that its unaudited net asset value per share was approximately HK$0.04 as of October 31, 2025. This financial update provides stakeholders with a snapshot of the company’s current valuation, which may influence investor perceptions and strategic decisions moving forward.
China New Economy Fund Limited announced the results of its Rights Issue, which was significantly oversubscribed, with applications exceeding the available shares by approximately 83.40%. The company raised approximately HK$230.11 million in net proceeds, which will be used as outlined in their prospectus, potentially enhancing their strategic investment capabilities and market positioning.
China New Economy Fund Limited has announced the redesignation of Mr. Hong Yupeng from a non-executive to an executive director, effective October 28, 2025. Mr. Hong, with a background in venture capital and technology investments, will also assume the roles of Authorised Representative and Process Agent, replacing Mr. Chan Cheong Yee. This move is part of the company’s strategic adjustments to strengthen its leadership and operational capabilities.
China New Economy Fund Limited has announced its current board of directors and their roles within the company. The board comprises executive directors Mr. Chan Cheong Yee and Mr. Hong Yupeng, non-executive director and chairman Mr. Cai Wensheng, and independent non-executive directors Dr. Zhu Haokang, Ms. Hsieh Yafang, and Mr. Li Jianbin. The announcement also details the composition of the company’s three board committees, highlighting the leadership and membership roles of each director. This update provides stakeholders with clarity on the governance structure of the company, which may influence investor confidence and strategic decision-making.
China New Economy Fund Limited, a company incorporated in the Cayman Islands, announced the results of its Extraordinary General Meeting (EGM) held on October 24, 2025. The shareholders approved a special resolution to change the company’s English name to ‘CAI Corp’ and adopt ‘CAI’ as its new dual foreign name. This change is pending approval from the Registrar of Companies in the Cayman Islands. Once approved, the company will proceed with necessary registration and filing procedures in Hong Kong. This rebranding effort reflects a strategic move that could impact the company’s market positioning and stakeholder perception.
China New Economy Fund Ltd. announced that its unaudited net asset value per share was approximately HK$0.04 as of September 30, 2025. This financial update may impact the company’s market perception and investor decisions, as it reflects the company’s current financial standing and potential for future growth.