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…
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…
BRIEF: Zeekr shareholders accept privatization offer
Shareholders of electric vehicle (EV) maker Zeekr Intelligent Technology Holding Ltd. (ZK.US) voted overwhelmingly to accept an offer to privatize the company, with 96.8% of ordinary shares cast in favor…
Dancing robots and K-pop diplomacy: China’s economic and social gambits
Unitree plans to file for an IPO by year end. And China has quietly lifted a nearly decade-old ban on K-Pop.
Shenyang city ups offer for Shengjing Bank to end its misery as a listed company
A local government entity is trying to privatize the lender, which is reeling from the aftermath of troubles surrounding its former owner, China Evergrande Group Key Takeaways: A government entity…
BRIEF: Magna Steyr to manufacture Xpeng EVs in Europe
Electric vehicle (EV) maker XPeng Inc. (XPEV.US; 9868.HK) announced on Monday that it will localize production in Europe through a contract manufacturing arrangement using an Austrian plant operated by Magna…