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…
BYD hits tariff roadblock after ramping up Mexico sales
The Mexican government’s plans to raise tariffs on Chinese-made cars to 50% could stall BYD’s growth engine in the North American market Key Takeaways: The Chinese car maker supplies nearly…
BRIEF: 111 Inc.’s revenue drops in second quarter
Drug seller 111 Inc. (YI.US) said on Wednesday its revenue fell 6.4% year-on-year to 3.2 billion yuan ($450 million) in the second quarter, as revenue for its core business of…
BRIEF: Chery launches blockbuster IPO likely to become this year’s largest new car listing
Car maker Chery Automobile Co. Ltd. on Wednesday launched its Hong Kong IPO, aiming to raise more than $1 billion in what’s likely to become the largest listing by a…
BRIEF: Weimob raises $201 million through share placement at 8.9% discount
E-commerce services provider Weimob Inc. (2013.HK) announced on Thursday that it will raise HK$1.56 billion ($201 million) through a placement of 688 million shares to Infini Capital, representing 16% of…
Trendy jewelry maker CHJ joins Hong Kong IPO ‘gold rush’
The company is challenging Laopu Gold for investor dollars among a new generation of value-added jewelry designers Key Takeaways: CHJ is hoping to match Laopu Gold’s stunning investor popularity with…
BRIEF: Guofu Hydrogen raises $12.8 million through share placement
Hydrogen energy equipment manufacturer Jiangsu Guofu Hydrogen Energy Technology Equipment Co. Ltd. (2582.HK), said on Wednesday that it will place about 2 million new shares for HK$50.13 each, raising about…
Fresh from its first profit, Medcaptain steps into IPO spotlight
The maker of medical devices crossed the profit threshold this year thanks to rising demand for its tools to diagnose digestive or urinary problems Key Takeaways: Medcaptain sells its life-support…
