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: Black Sesame buys 60% of SoC products maker for $68 million
Autonomous vehicle chipmaker Black Sesame International Holding Ltd. (2533.HK) said on Wednesday it has agreed to acquire existing and newly issued shares of Eeasy Technology Co. Ltd. that would give…
Hong Kong to welcome world-leading siRNA company as Ribo launches its IPO
The small nucleic acid drugs developer has positioned itself as a leader in siRNA therapeutics, boasting one of the world’s largest pipelines of drugs using the technology Key Takeaways: Ribo…
BRIEF: GPU maker Biren Technology soars in Hong Kong trading debut
Shares of AI chipmaker Shanghai Biren Technology Co. Ltd. (6082.HK) opened up 82% at HK$35.70 in their Hong Kong trading debut on Friday, closing up 73% at HK$33.88 by the…
Jiumaojiu ladles up hotpot investment to boost overseas expansion
The restaurant operator will pay $43 million for new and existing shares of Big Way Group, boosting its stake to 49% of the North American hotpot chain Key Takeaways: Jiumaojiu’s…
Events organizer Meorient turns to Hong Kong for expansion funds
The company, which holds trade exhibitions to showcase Chinese exports, is seeking fresh capital as a post-pandemic business boom subsides Key Takeaways: The firm serves Chinese export-oriented enterprises and derives…
BRIEF: OmniVision launches $600 million Hong Kong IPO
CMOS image sensor maker OmniVision Integrated Circuits Group Inc. (0501.HK) launched its Hong Kong IPO on Thursday, aiming to raise about HK$4.7 billion ($604 million) by selling 45.8 million shares…
Regulatory caution dims Hong Kong SPAC outlook, while Chinese tastes drive out foreign brands
Hong Kong has completed just its third listing using a SPAC since the program's launch four years ago. Why has uptake been so anemic? And Hong Kong's popular Mannings health and beauty chain is pulling out of Mainland China after more than two decades in the market. Why is it calling it quits?
