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: Nuobikan seeks up to $51.4 million in Hong Kong IPO
AI technology company Nuobikan Artificial Intelligence Technology (Chengdu) Co. Ltd. (2635.HK) launched its Hong Kong IPO on Monday, aiming to sell 3.8 million shares for between HK$80 and HK$106 per…
BRIEF: Kanzhun CFO resigns to take up new position as chief strategy officer
Online recruitment app operator Kanzhun Ltd. (BZ.US; 2076.HK) said on Thursday that Zhang Yu has resigned as the company’s CFO, and will take on a new position as its chief…
Here Group challenges Labubu with Wakuku
The former adult education company has transformed to a pop toy maker, reporting its revenue from that business rose sharply in its latest quarter Key Takeaways: Here Group’s revenue nearly…
BRIEF: Busy Ming Hong Kong IPO gets CSRC nod
Snack shop operator Busy Ming Group Co. Ltd.’s Hong Kong IPO has been cleared by the Chinese stock regulator, as the China Securities Regulatory Commission (CSRC) posted a registration notice …
BRIEF: Single show pony Impression Dahongpao launches modest IPO
Cultural tourism company Impression Dahongpao Co. Ltd. (2695.HK) launched its Hong Kong IPO on Friday, aiming to sell 36.1 million shares for HK$3.47 to HK$4.10 apiece to raise about HK$148…
Will yet another silicon carbide IPO test investor patience?
BASiC Semiconductor is the latest IPO hopeful to emerge from China’s chip sector, but its peers have had mixed fortunes, and one has just suffered a poor market debut Key…
A Chinese EV giant’s financing reckoning, and a stockbroker’s commodities pivot
China's central bank is shutting down an IOU system used by BYD to pay its suppliers. Why is it taking this step? And revenue for a stock broker called GoFintech has soared more than 40-fold after it entered the commodities trading business. How should investors look at such a move?