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: Lufax replaces chief risk officer
Online lender Lufax Holding Ltd. (LU.US; 6623.HK) on Friday announced that Youn Jeong Lim resigned as the company’s chief risk officer, citing “personal work arrangements, and was replaced by Cheng…
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…
Capital Securities offers limited value in crowded brokerage field
The company aims to become China's 14th dual-listed brokerage with its planned Hong Kong IPO, even though its small size could dampen its appeal Key Takeaways: Capital Securities has filed…
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…