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…
Yunji rolls out red carpet for investors with Hong Kong IPO
The maker of scenario-based, AI-empowered robots, mostly used in hotels, raised about $76 million, as it becomes the first maker of flexible, service-based robots to list in Hong Kong Key…
INDUSTRY BRIEF: Huawei loses China smartphone crown in third quarter
A slumping Huawei lost its crown as the top brand in its home China market during the third quarter, as a resurgent Apple (AAPL.US) rose in the rankings on popularity…
BRIEF: Scholar Education to raise $31 million in share placement at 13% discount
After-school education services provider Scholar Education Group (1769.HK) announced on Wednesday that it plans to place 110 million new shares with more than six independent third party investors, representing about…
Chinese Coca Cola rising? A diversifying Eastroc makes second Hong Kong IPO bid
The Shenzhen-based company is rapidly developing beyond its original energy drink focus, as it continued to post strong growth in the first half of this year Key Takeaways: Eastroc has…
BRIEF: Sanhua denies massive Tesla order rumors after stock surges
Refrigeration component maker Zhejiang Sanhua Intelligent Controls Co. Ltd. (2050.HK; 002050.SZ) on Thursday denied rumors that it had secured a massive robotics-related order. The company said no material events had…
InnoCare licensing deal flops due to lack of upfront cash
The Chinese biotech agreed to sell some of the rights to its flagship drug for a sum that could exceed $2 billion but investors were unhappy with the fine print…
Nasdaq gets tough on small Chinese IPOs, as an AI-fueled energy storage boom takes off
For a market that basically prides itself on protecting investors… I have to say I'm amazed that it has taken so long.
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BRIEF: Sanhua denies massive Tesla order rumors after stock surges
2050.HK
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InnoCare licensing deal flops due to lack of upfront cash
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