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: Luk Fook’s retail sales rebound in first quarter
Jewelry retailer Luk Fook Holdings (International) Ltd. (0590.HK) announced on Thursday that its overall retail sales value and retail revenue in the three months to June returned to double-digit growth,…
BRIEF: iDreamSky returns to profitability on new game launches
Online game company iDreamSky Technology Holdings Ltd. (1119.HK) said on Thursday it expects to report a return to profitability in the first half of 2025 from the year-ago period, crediting…
Klook goes against the flow with U.S. listing plan
The Hong Kong-based online travel agent targeting young consumers is reportedly planning to file soon for a New York listing that could raise up to $500 million Key Takeaways: Klook…
BRIEF: MicroPort ‘s revenue soars in first half of 2025
Medical robotics company Shanghai MicroPort MedBot (Group) Co. Ltd. (2252.HK) said on Thursday that its revenue surged 70% to 80% in the first half of this year from 99.24 million…
Investors are tapped for more cash as iMotion’s ambitions take flight
The automotive technology company is planning to issue yet another set of shares to fund its accelerating expansion into robotics and flying cars Key Takeaways: The company hopes to raise…
BRIEF: Fourth Paradigm to raise $107 million in share placement
AI applications developer Beijing Fourth Paradigm Technology Co. Ltd. (6682.HK) announced on Thursday that it will place 25.9 million shares to Infini Global Master Fund, representing 8.07% of the enlarged…
BRIEF: Dmall raises $50 million in share placement at 10% discount
Retail digital services provider Dmall Inc. (2586.HK) said on Wednesday it placed 35.4 million shares at a price of HK$11.10 per share, equal to about 3.93% of its currently issued…
