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: Sanhua’s dual businesses drive strong profit growth
Refrigeration components maker Zhejiang Sanhua Intelligent Controls Co. Ltd. (2050.HK; 002050.SZ) said on Monday it expects to report an annual net profit of 3.87 billion yuan to 4.65 billion yuan…
Zeekr drives off Wall Street, heralding chilly year ahead for U.S. Chinese listings
Trading of the EV maker’s shares was suspended on Dec. 22, after investors approved a plan by parent Geely to privatize the company less than two years after its IPO…
BRIEF: Nuobikan soars in Hong Kong trading debut
Shares of AI technology company Nuobikan Artificial Intelligence Technology (Chengdu) Co. Ltd. (2635.HK) opened up 300% at HK$319.80 in their Hong Kong trading debut on Tuesday, then continued to rise to close…
BRIEF: Nanhua Futures slumps in Hong Kong trading debut
Shares of Nanhua Futures Co. Ltd. (2691.HK; 603093.SH) fell 24% on their first trading day in Hong Kong on Monday, as the company raised HK$1.2 billion ($154 million) by selling…
BRIEF: BenQ BM tumbles in Hong Kong trading debut
Private hospital operator BenQ BM Holding Cayman Corp. (2581.HK) opened 30.4% lower in its Hong Kong trading debut on Monday, and continued to slide to close down 42.29% at HK$5.39…
51Job overpaid for its privatization, Cayman court says, ending dissenters’ challenge
A judge ruled last month that the management-led group’s privatization offer for the leading online job site was roughly double what the shares were worth Key Takeaways:. A Cayman Islands…
Hong Kong chip frenzy enters AI lane with Iluvatar IPO
The maker of general purpose GPUs used in AI computing has made its first public filing and passed its listing hearing for a Hong Kong IPO that could raise around…