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: Skyworth Digital profit tumbles 64% in first three quarters
Electronics manufacturer Skyworth Group Ltd. (0751.HK) announced on Sunday that its non-wholly-owned Skyworth Digital Co. Ltd. (000810.SZ) subsidiary recorded revenue of 6.46 billion yuan ($906 million) in the first three…
Sany hopes Hong Kong investors see it as global high-tech heavy hitter
The heavy construction equipment maker’s IPO is set to become the third largest in Hong Kong this year, raising about $1.5 billion Key Takeaways: Sany Heavy is hoping its rapid…
BRIEF: EV maker Seres launches $1.7 billion IPO
Electric vehicle (EV) maker Seres Group Co. Ltd. (9927.HK; 601127.SH) launched its Hong Kong IPO on Monday, aiming to sell 100 million shares for HK$131.50 apiece to raise about HK$13.2…
BRIEF: Imax China profit jumps on global box office recovery
Big-screen cinema company Imax China Holding Inc. (1979.HK) announced on Thursday that its revenue rose 16.6% year-on-year to $107 million (762 million yuan) in the third quarter, as its net…
BRIEF: Ping An Health’s profit jumps
Healthcare platform Ping An Healthcare and Technology Co. Ltd. (1833.HK) said on Thursday its profit jumped 72% year-on-year to 184 million yuan ($26 million) in the first nine months of…
Beauty Farm pretties up with major acquisition
The beauty services provider will buy rival Siyanli for 1.25 billion yuan, positioning it as an industry consolidator following a recent string of similar purchases Key Takeaways: Beauty Farm will…
SIMCo bags Hong Kong spotlight with alternative asset fund
An infrastructure fund in the Sequoia investment group is first in line for a new type of listing as Hong Kong bids to become a financial hub for alternative assets…