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: 361 Degrees’ main brand sales up 10% in third quarter
Sportswear maker 361 Degrees International Ltd. (1361.HK) announced on Monday that retail sales for its namesake brand rose about 10% year-on-year in the third quarter, while its kidswear segment also…
Yangtze Memory overhauls share structure in preparation for IPO
China’s leading memory chip maker was worth $23 billion after its recent shareholding overhaul, and is likely to list in either Shanghai or Shenzhen Key Takeaways: YMTC has completed a…
BRIEF: JST launches $267 million Hong Kong IPO
E-commerce enterprise resource planning (ERP) software provider JST Group Corp. Ltd. (6687.HK) launched its Hong Kong IPO on Monday, aiming to sell 68.17 million shares for HK$30.60 each to raise…
Auto stalwart Dongfeng charges up NEV business with Voyah listing plan
The veteran car group will privatize its namesake brand and simultaneously spin off its Voyah brand for a new listing to stay competitive in fast-evolving NEV market Key Takeaways: Dongfeng…
BRIEF: JL Mag profit rises sharply in first three quarters
Rare-earth magnetic materials producer JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) announced on Thursday that it expects to report a net profit for the nine months through September of 505…
BRIEF: Zhida shares triple in trading debut after weak pricing
Shares of EV charger maker Shanghai Zhida Technology Development Co. Ltd. (2650.HK) tripled in their Hong Kong trading debut, closing up 192% at HK$195.50 on Friday after pricing weakly. The…
PomDoctor completes U.S. listing ahead of looming Nasdaq crackdown
The online medical services provider raised about $20 million after pricing its shares at the bottom of their range – below a Nasdaq-proposed new minimum threshold of $25 million Key…