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…
INDUSTRY BRIEF: China to scrap or lower export tax rebates for solar products, batteries
China will cancel or lower its export tax rebates for solar products and batteries from April 1, as it seeks to ease price wars that have wreaked havoc on both…
Move over, burger joints. Yuen Kee dishes up China-flavored fast-food IPO
The country’s largest dumpling chain has filed to list in Hong Kong, though it could face a tepid reception due to lack of investor interest in consumer companies Key Takeaways:…
BRIEF: Voicecomm raises $40 million via share placement at 20% discount
IT solutions provider Voicecomm Technology Co. Ltd. (2495.HK) said on Monday it raised HK$311.1 million ($40 million) through the placement of 6.73 million new shares at HK$46.30 each, representing a…
BRIEF: GigaDevice springs in Hong Kong trading debut
Shares of integrated circuit (IC) designer GigaDevice Semiconductor Inc. (0501.HK) opened up 45% at HK$235 in their Hong Kong trading debut on Tuesday, and held on to most of the gains…
Galaxis hitches ride on Hong Kong robotics bandwagon
The intralogistics robotics specialist has filed for an IPO, adding its name to a growing list of robot concept stocks Key Takeaways: Galaxis Technology has filed for a Hong Kong…
BRIEF: APAC Resources returns to the black
Resources and commodities investor and trader APAC Resources Ltd. (1104.HK) said on Monday it returned to the black in final six months of last year, boosted by a return to…
BRIEF: Fresh food model lifts Jiumaojiu’s Tai Er back to same-store sales growth
Jiumaojiu International Holdings Ltd. (9922.HK) said average daily sales at its flagship Tai Er restaurant chain fell 3% year-on-year in the fourth quarter, narrowing from a 9.3% decline the previous…
