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: Sainsbury ends talks with JD.com on Argos sale
E-commerce giant JD.com Inc. (9618.HK, JD.US) has been actively seeking acquisitions of brick-and-mortar retailers in Europe, but that expansion suffered a setback with the collapse of a deal in the…
QMSK supersizes U.S. listing as Nasdaq cracks down on Chinese companies
The provider of aftermarket services for the auto insurance sector has quadrupled the size of its original IPO fundraising target to as much as $37 million Key Takeaways: QMSK has…
BRIEF: Archosaur buys $24.2 million in wealth management products
Mobile game developer Archosaur Game Inc. (9990.HK) said last Friday it purchased a series of wealth management products totaling $24.2 million, including $12.6 million invested last week in bond-linked notes.…
Years of losses, thin profit margins leave 160 Health feeling down
After two earlier failures, the online healthcare platform’s IPO has been approved by the Hong Kong Stock Exchange Key Takeaways: 160 Health has been approved to list in Hong Kong,…
BRIEF: Butong passes listing hearing, targets IPO launch by month’s end
Premium nursery products maker Butong Group passed its listing hearing with the Hong Kong Stock Exchange on Thursday, paving the way for it to launch its IPO by the end…
BRIEF: Anta to open 1,000 Southeast Asia stores in next three years
Sportswear maker Anta Sports Products Ltd. (2020.HK) said on Thursday that it plans to open 1,000 stores in Southeast Asia over the next three years, as it expands beyond its…
Hello Group takes ‘Cyrano approach’ in bid to rekindle China’s dating interest
The leading dating app has launched an AI-backed function that advises people on what to say to prospective dates, as it tries to return to revenue growth after five years…
