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: DBS sees upside potential for ECARX on growing customer diversification
DBS initiated coverage on digital cockpit maker ECARX Holdings Inc. (ECX.US) this week with a 52-week price target of $2.80, about 24% higher than its current price, citing strong potential…
Xiao Noodles tempts Hong Kong investors with ‘cheap eats’ story
China’s fourth-largest noodle chain has filed for an IPO, reporting its revenue grew 34% in the first half of this year as consumers gravitated to its affordable food Key Takeaways:…
BRIEF: Zenergy to raise $65 million through 8% discounted share placement
Lithium battery maker Jiangsu Zenergy Battery Technology Group Co. Ltd. (3677.HK) on Friday announced that it plans to place 45.9 million new H-shares, representing 3.09% of the enlarged capital for its Hong…
BRIEF: Haixi Pharma delays IPO trading debut
Fujian Haixi Pharmaceuticals Co. Ltd. (2637.HK) said on Thursday night that the trading debut for its Hong Kong IPO, originally scheduled for Friday, will be postponed. It blamed the delay…
Can Epiworld maintain an edge as silicon wafer prices slide?
The leading producer of silicon carbide wafers is making a renewed IPO pitch as a price war squeezes profits and makes it more reliant on state subsidies Key Takeaways: Revenue…
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…
