AiHuiShou’s Q2 Revenue Rises 56%, Fueled by Growing Electronics Recycling Network
Company releases first ESG report alongside its maiden earnings, aiming to spotlight its role in achieving China’s carbon-reduction goals Key points: AiHuiShou posts 56% revenue growth in its latest reporting…
BRIEF: Fortior shares jump in Hong Kong trading debut
Shares of microchip maker Fortior Technology (Shenzhen) Co. Ltd. (1304.HK; 688279.SH) jumped 16% in their Hong Kong trading debut on Wednesday to close at HK$139.80, as the company became the…
BRIEF: Lens Technology rises in Hong Kong trading debut
Shares of smartphone glass supplier Lens Technology Co. Ltd. (6613.HK; 300433.SZ) opened up almost 4% in their Hong Kong trading debut on Wednesday and continued to rise through the day to…
BRIEF: GAC-Stellantis joint venture officially declared bankrupt
Guangzhou Automobile Group Co. Ltd. (2238.HK; 601238.SH) and Stellantis (STLA.US), the world’s fourth-largest automaker, on Tuesday said court overseeing the liquidation of their joint venture, GAC Fiat Chrysler Automobiles Co.…
Fading revenue fails to cast shadow over Xinzi’s IPO ambitions
Despite reporting a net loss and falling revenue last year, the thin-film solar packaging firm has doubled the size of its Nasdaq share sale Key Takeaways: Xinzi Optoelectronics has filed…
In ‘Warring States Era’ for smart cockpits, Megatronix bets on modular approach
After dropping its largest customer, the smart cockpit maker is trying to prove its superior profitability with a "Modularization + Multi-Domain Integration" strategy Key Takeaways: Megatronix has filed for a…
Hong Kong: China’s IPO pipeline and crypto lab
Companies raised $13.6 billion through Hong Kong IPOs in the first half of the year, giving the city the global fundraising title for that period. What's behind the sudden boom? And a growing number of Chinese companies are experimenting with cryptocurrencies in Hong Kong, even as such currencies are banned on the Mainland. What's driving such different approaches on the Mainland and in Hong Kong?
BRIEF: Niu’s second-quarter sales rise 36.6%
Electric scooter manufacturer Niu Technologies (NIU.US) announced last Friday that it sold 350,090 e-motorcycles, e-mopeds, kick-scooters and e-bikes in the second quarter, up 36.6% from 256,200 units in the same period…