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: Voicecomm raises $40 million via share placement at 20% discount
IT solutions provider Voicecomm Technology Co. Ltd. (2495.HK) said on Monday it raised HK$311.1 million ($40 million) through the placement of 6.73 million new shares at HK$46.30 each, representing a…
BRIEF: APAC Resources returns to the black
Resources and commodities investor and trader APAC Resources Ltd. (1104.HK) said on Monday it returned to the black in final six months of last year, boosted by a return to…
BRIEF: Fresh food model lifts Jiumaojiu’s Tai Er back to same-store sales growth
Jiumaojiu International Holdings Ltd. (9922.HK) said average daily sales at its flagship Tai Er restaurant chain fell 3% year-on-year in the fourth quarter, narrowing from a 9.3% decline the previous…
After winning global EV crown, BYD faces new challenge with profitability test
China’s EV giant overtook Tesla in unit sales last year, but margin pressure, overseas risks and a controversial financing model raise questions on whether it can still deliver shareholder value…
BRIEF: OmniVision shares rise 15% through midday in trading debut
Shares of chip designer OmniVision Integrated Circuits Group Inc. (0501.HK) opened up 3% at HK$108 in their Hong Kong trading debut on Monday, and rose steadily to close up 15%…
NEWS WRAP: Ribo Life enters Hong Kong biotech fast lane after strong debut
Shares of China’s leading developer of small interfering RNA therapeutics, or siRNA, jumped 42% in their Friday debut, and continued to climb on Monday By Doug Young Hong Kong…
Mineye navigates bumpy financial road littered with losses, stock volatility
The autonomous driving company has taken multiple new steps to support its shares, including share lockup period extensions, buybacks and increased purchases by some big investors Key Takeaways: Mineye has…
