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: Biren Technology gets CSRC nod for Hong Kong IPO
AI chipmaker Shanghai Biren Intelligent Technology Co. has been approved by China’s securities regulator to list in Hong Kong, according to the approval notice published by the China Securities Regulatory…
Still in U.S. doghouse, ZTE faces pressure from fresh allegations
The company’s stock fell over 10% amid reports of a new $1 billion fine from the U.S., clouding its outlook as it claws its way back from an earlier clash…
BRIEF: Concord New Energy gets CSRC clearance for Singapore listing
Hong Kong-listed solar and wind farm operator Concord New Energy Group Ltd. (0182.HK) has been approved by China’s securities regulator to make a second listing in Singapore, the company said…
Tian Tu’s Yoplait China sale leaves sweet, but also sour, taste
The venture capital company has set a new date of Dec. 31 to finalize the sale of its 45% of Yoplait China to a group affiliated with IDG Capital for…
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: Fenbi partners with Huatu on exam prep services
Vocational education platform Fenbi Ltd. (2469.HK) said on Sunday it has signed an agreement with Huatu Cendes (300492.SZ) to explore collaboration in recruitment examination preparation services. Fenbi said potential cooperation…
Sainte Nutritional ladles up sinking business in renewed IPO application
The special-purpose formula maker’s net profit rose in the first half of this year, but the gains were due to factors unrelated to its core business Key Takeaways: Sainte Nutritional…