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: 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…
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.
BRIEF: Xiaomi SU7 in new fatal accident, shares slump over 5%
Xiaomi’s electric vehicle (EV) division faced new safety concerns after one of its SU7 vehicles caught fire following an early Monday morning collision in Sichuan province, killing the driver. Local…
BIT Mining or Solai? A company built on speculation speculates again
The crypto mining company will change its name to reflect its new business focus, just five years after transforming from an online lottery ticket seller Key Takeaways: BIT Mining will…
BRIEF: WeRide, Pony AI approved by CSRC to list in Hong Kong
U.S.-listed Robotaxi operators WeRide Inc. (WRD.US) and Pony AI Inc. (PONY.US) were cleared by China’s securities regulator to make second listings in Hong Kong, according to announcements on the China…