LDRobot chases European opening with low-cost acquisition
The company plans to buy a garden equipment maker for a bargain price, aiming to expand its own lawnmower sales by leveraging the German company’s channels Key Takeaways: LDRobot plans…
1236.HK
Chinese firms face renewed scrutiny from Wall Street and at home
"I guess they tried to kill the monkey to scare the pigeons, but the pigeons didn't get scared." – on why Beijing may be expanding its antitrust investigation in the…
OPay rings up Nigeria digital payment prowess for Wall Street investors
The Singapore-based digital payment company has filed to list in New York, offering strong profits from its digital payment services in Nigeria Key Takeaways: OPay has filed for an IPO…
Aoyuan’s asset fire sales may leave creditors holding the bag
After restructuring its offshore debt in 2024, the property developer defaulted a second time this year for failing to pay interest on some of its bonds Key Takeaways: Aoyuan defaulted…
3883.HK
Manus ‘friends’ investors with $500 million fundraising as former buyer turns rival
Returning investors like the AI agent operator for its experience making and selling practical software as Meta and other tech companies compete for the same work Manus has raised more…
Gaw Capital builds new foundation on private real estate debt
The property investment specialist plans to list Hong Kong’s first real estate private debt fund, in a major financial milestone for the city Key Takeaways: Gaw Capital will set up…
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IPO 
Gaw Capital builds new foundation on private real estate debt
The property investment specialist plans to list Hong Kong’s first real estate private debt fund, in a major financial milestone for the city Key Takeaways: Gaw Capital will set up…
Orbbec motors into rapidly cooling robotics IPO market
Stumbling sentiment towards robotics may force the company to discount its planned Hong Kong share sale to attract investors Key Takeaways: Orbbec has filed for a Hong Kong IPO, reporting…
Kazakhstan taps Hong Kong to fund its new ‘Journey to the West’
KTZ is rumored to be planning a launch for its Hong Kong IPO as early as October, seeking to raise up to $5 billion to build new routes for western-bound…
PCB leader Dynamic Electronics holds the line on prices – to its detriment
The Shanghai-listed company has filed for a Hong Kong IPO, reporting it swung to a loss this year as it failed to fully pass on rising material costs to its…
New Energy 
Qingling switches gears with leasing deals to boost NEV sales
The loss-making Chinese truck maker is partnering with a finance provider and a dealership to offer vehicle installment plans, but the strategy comes with a catch Key Takeaways: Under…
Its stock slumping, Breton looks for life under mountain of debt
The company’s latest agreement will see it partner with an investment company to sell its mining-use electric dump trucks in three African countries Key Takeaways: Breton has authorized Inhoyi Investments…
China’s empty boardroom in Washington, and its crowded auto market at home
"The Chinese government has always been very slow in forcing substantial changes by way of mergers, acquisitions, or closure of enterprises." — on the historical hesitance of Chinese authorities to…
Consumer 
Chinese firms face renewed scrutiny from Wall Street and at home
"I guess they tried to kill the monkey to scare the pigeons, but the pigeons didn't get scared." – on why Beijing may be expanding its antitrust investigation in the…
LDRobot chases European opening with low-cost acquisition
The company plans to buy a garden equipment maker for a bargain price, aiming to expand its own lawnmower sales by leveraging the German company’s channels Key Takeaways: LDRobot plans…
Ridge Outdoor nets British company in first post-IPO acquisition
The world’s leading maker of fishing gear will pay an undisclosed sum for the Harrison brand, whose fishing rods captured a recent British record for carp fishing Key Takeaways: Ridge…
Qingling switches gears with leasing deals to boost NEV sales
The loss-making Chinese truck maker is partnering with a finance provider and a dealership to offer vehicle installment plans, but the strategy comes with a catch Key Takeaways: Under…
Stilted growth: Goodbaby bids adieu to investors with privatization bid
The company has proposed a buyout at a nearly 40% premium to its stock price, after investors abandoned its story of flatlining revenue Key Takeaways: Goodbaby’s founder has proposed taking…
Healthcare/biotech 
Hansoh’s overseas ambitions tested as EU stalls cancer drug sales
The Chinese firm has lost its regulatory approval to sell a lung cancer drug in Europe over a data-protection error, and must reset the clock on the launch process Key…
Can a novel sleeping pill help Jingxin shed its generic label?
The pharmaceutical firm has gained traction with its first new drug and is seeking funds for further innovation, but its mainstay generics business is under pressure Key Takeaways: Jingxin Pharmaceutical…
Cloudbreak Pharma shares halted amid probe into ‘IPO rigging’
Just 14 months after its market debut, the drug developer is under investigation over regulatory concerns that its IPO demand was artificially inflated Key Takeaways: Cloudbreak’s IPO drew strong retail…
Salubris refiles for Hong Kong IPO as generics lose steam
The producer of cardiovascular drugs is accelerating its shift towards innovative pharmaceuticals, under pressure from price cuts and expiring patents Key Takeaways: Salubris built its early success on generics, but…
Finance 
OPay rings up Nigeria digital payment prowess for Wall Street investors
The Singapore-based digital payment company has filed to list in New York, offering strong profits from its digital payment services in Nigeria Key Takeaways: OPay has filed for an IPO…
Its business stabilized, Cango signs first customer for its new AI business
The company’s bitcoin mining business held steady in the second quarter, as its first high-performance computing center was ready to receive customers in July Key Takeaways: Cango completed its overhaul…
Canaan gets doubly squeezed in latest crypto downturn
The cryptocurrency mining machine maker’s revenue plunged and its net loss ballooned in the second quarter as its product sales and mining income both tumbled Key Takeaways: Canaan’s revenue from…
Shein’s U.S. buyout hits a political wall, as China’s fintech lenders face ruin
“There’s been a very definite trend of what I would call re-transferring part of the economy from the private sector to the state sector.” — on Beijing’s regulatory retreat from…
Ecommerce 
World Road faces bumpy path to Nasdaq listing
The cross-border logistics company has quadrupled the size of its IPO in response to new rules seeking to stamp out suspicious new Chinese listings, seeking to raise $33 million Key…
Vatai delivers new e-commerce story with focus on cross-border trade
The provider of compliance services for cross-border e-commerce companies has filed to list in Hong Kong, boasting 66% revenue growth in the first half of this year Key Takeaways: Vatai…
JD.com slows its bleeding, but investors want growth
The e-commerce giant has reduced the pain from its entry to food delivery, but weak retail sales and crowded new battlefields show its next growth engine remains elusive Key Takeaways:…
State subsidies and partner panic: What the latest cross-border deals reveal about business in China
From European regulatory scrutiny to sudden licensee changes, multinational deals are facing new tests of trust and transparency Key Takeaways: European regulatory scrutiny over JD.com’s Ceconomy acquisition reflects a new…
AI/Infrastructure/Resources 
LDRobot chases European opening with low-cost acquisition
The company plans to buy a garden equipment maker for a bargain price, aiming to expand its own lawnmower sales by leveraging the German company’s channels Key Takeaways: LDRobot plans…
Manus ‘friends’ investors with $500 million fundraising as former buyer turns rival
Returning investors like the AI agent operator for its experience making and selling practical software as Meta and other tech companies compete for the same work Manus has raised more…
Deep Source’s data center foray gets yawn from investors
The commodities trader is moving ahead with construction of a $221 million, 67 MW data center project in Malaysia Key Takeaways: Deep Source is building a 67 MW data center…
Fortior navigates choppy geopolitical waters with Dutch chip acquisition
China’s leading maker of brushless DC motor chips has announced a plan to buy Sciosense, a Chinese-Dutch joint venture, for $118 million Key Takeaways: Fortior plans to acquire Sciosense, a…
