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: S.F. Holding’s revenue rises in May on shopping festival boost
Parcel delivery company S.F. Holding Co. Ltd. (6936.HK; 002352.SZ) said on Thursday its revenue rose 11.3% in May year-on-year to 25.1 billion yuan ($3.5 billion), as a 31.8% jump in…
BRIEF: BrainAurora CEO resigns, citing health reasons
BrainAurora Medical Tech Ltd. (6681.HK) announced on Friday that its CEO and chief research officer Wang Xiaoyi resigned, effective Thursday, due to health issues caused by worsening depression. The company…
Unisound launches modest IPO into crowded Hong Kong market
The AI services provider is aiming to raise a relatively modest $40 million, or just over 2% of its share capital, as it rapidly burns through its cash Key Takeaways:…
BRIEF: Coconut water leader IF launches $148 million Hong Kong IPO
IFBH Ltd. (6603.HK), parent of the popular IF coconut water brand, launched its Hong Kong IPO on Friday, aiming to sell 41.7 million shares for between HK$25.30 and HK$27.80 apiece to…
ENN bids to reshape its gas business with listing switch-up
ENN Natural Gas, part of China’s ENN energy group, is looking to buy out a listed subsidiary and take the firm’s place on the Hong Kong stock market Key Takeaways:…
BRIEF: Black Sesame agrees to buy system-on-chips solutions provider
Autonomous vehicle chipmaker Black Sesame International Holding Ltd. (2533.HK) said on Wednesday it signed a non-binding agreement to acquire a developer of cost-effective and low power consumption AI system-on-chips solutions.…
BRIEF: EHang and Gotion High-Tech strengthen partnership
Autonomous aerial vehicle maker EHang Holdings Ltd. (EH.US) on Tuesday announcedthat it will deepen its partnership with battery maker Gotion High-Tech Co. Ltd. (002074.SZ), which is providing customized solutions for…