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: Guoxia Technology clears Hong Kong listing hearing
Energy storage systems provider Guoxia Technology Co. Ltd. passed its listing hearing with the Hong Kong Stock Exchange on Wednesday, paving the way for the launch of its IPO later…
BRIEF: Nuobikan clears Hong Kong listing hearing
AI technology company Nuobikan Artificial Intelligence Technology (Chengdu) Co. Ltd. passed its listing hearing with the Hong Kong Stock Exchange, based on its filing of an updated prospectus on Thursday,…
Ming Yu seeks a share of the drug sector limelight
Led by a former research chief at drugs giant Hengrui, the Chinese biotech can boast solid credentials and big-name backers as it positions for a Hong Kong IPO Key Takeaways:…
Strategic AI drone deployments to shape Hong Kong’s future low-altitude economy
The low-altitude economy’s launch is opening a practical pathway for AI drones as Hong Kong enters a new phase marked by ageing buildings and challenges of managing a vertical city…
Harrods retreats from Shanghai as private colleges face degree of reckoning
British retailer Harrods is pulling out of China, just five years after launching its luxury lifestyle brand in the market. Why is it leaving, and are other luxury brands going to follow? And university campus operator XJ International has been selling assets as college education loses its luster. Why are less Chinese interested in such secondary education these days?
BRIEF: PICC shares sink on reports of executive’s detention
Shares of insurer PICC Property and Casualty Co. Ltd. (2328.HK) fell on Wednesday, after media reported its vice president Yu Ze was missing, and was like being investigated for corruption.…
Soul App files for IPO, riding early-mover status in AI-backed hunt for emotional satisfaction
The social platform plans to entice investors with the combination of its self-developed AI model, immersive social scenarios, and strong profitability Key Takeaways: Tencent-backed Soulgate, operator of the Soul App,…
