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…
Fosun’s Portuguese makeover moves ahead with $360 million health disposal
The conglomerate’s sale of 40% of Luz Saúde is its latest divestment in Portugal, though it continues to own major stakes of that and other assets in the country Key…
NEWS WRAP: China, U.S. reach framework deal on TikTok
The agreement is expected to resolve U.S. security concerns while ensuring the popular social media platform retains its ‘Chinese characteristics’ By Lee Shih Ta U.S. and Chinese officials said…
BRIEF: Hesai jumps in Hong Kong trading debut
Shares of autonomous driving technology company Hesai Group (2525.HK; HSAI.US) opened up 7.7% in their Hong Kong trading debut on Tuesday, and continued to rise during the morning to close up…
Sun rises again for SolarSpace as it makes second IPO bid
The solar cell maker’s new listing application shows nearly all of its major metrics began to improve in the first half of this year, including a return to profitability Key…
BRIEF: Sainsbury ends talks with JD.com on Argos sale
E-commerce giant JD.com Inc. (9618.HK, JD.US) has been actively seeking acquisitions of brick-and-mortar retailers in Europe, but that expansion suffered a setback with the collapse of a deal in the…
QMSK supersizes U.S. listing as Nasdaq cracks down on Chinese companies
The provider of aftermarket services for the auto insurance sector has quadrupled the size of its original IPO fundraising target to as much as $37 million Key Takeaways: QMSK has…
BRIEF: Archosaur buys $24.2 million in wealth management products
Mobile game developer Archosaur Game Inc. (9990.HK) said last Friday it purchased a series of wealth management products totaling $24.2 million, including $12.6 million invested last week in bond-linked notes.…