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: MiniMax cleared by China’s securities regulator for Hong Kong IPO
AI company MiniMax Group Inc. was cleared by China’s securities regulator on Monday for a Hong Kong IPO, just days after it passed its listing hearing with the Hong Kong…
BRIEF: Sanhua’s dual businesses drive strong profit growth
Refrigeration components maker Zhejiang Sanhua Intelligent Controls Co. Ltd. (2050.HK; 002050.SZ) said on Monday it expects to report an annual net profit of 3.87 billion yuan to 4.65 billion yuan…
Zeekr drives off Wall Street, heralding chilly year ahead for U.S. Chinese listings
Trading of the EV maker’s shares was suspended on Dec. 22, after investors approved a plan by parent Geely to privatize the company less than two years after its IPO…
BRIEF: Nuobikan soars in Hong Kong trading debut
Shares of AI technology company Nuobikan Artificial Intelligence Technology (Chengdu) Co. Ltd. (2635.HK) opened up 300% at HK$319.80 in their Hong Kong trading debut on Tuesday, then continued to rise to close…
CaoCao hits rocky post-IPO road amid lingering concerns
The ride-hailing platform’s shares plummeted last week, shaving more than $1 billion from its market value in just days and catching retail investors by surprise Key Takeaways: CaoCao shares lost…
BRIEF: Nanhua Futures slumps in Hong Kong trading debut
Shares of Nanhua Futures Co. Ltd. (2691.HK; 603093.SH) fell 24% on their first trading day in Hong Kong on Monday, as the company raised HK$1.2 billion ($154 million) by selling…
BRIEF: BenQ BM tumbles in Hong Kong trading debut
Private hospital operator BenQ BM Holding Cayman Corp. (2581.HK) opened 30.4% lower in its Hong Kong trading debut on Monday, and continued to slide to close down 42.29% at HK$5.39…