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: Deepexi Technology launches $90 million IPO
Enterprise AI application provider Deepexi Technology Co. Ltd. (1384.HK) launched its Hong Kong IPOon Monday, aiming to raise HK$710 million ($91.4 million) by selling 26.6 million shares for HK$26.66 each.…
Xinte to spread clean power building burden using asset backed securities
The polysilicon producer and green power farm operator plans to issue ABS backed by two of its wind power projects, which will be traded on the Shanghai Stock Exchange Key…
BRIEF: Bama Tea to raise up to $58 million in Hong Kong IPO
Tea producer Bama Tea Co. Ltd. (6980.HK) launched its Hong Kong IPO on Monday, aiming to sell 9 million shares for HK$45 to HK$50 apiece to raise up to HK$450…
BRIEF: DBS sees upside potential for ECARX on growing customer diversification
DBS initiated coverage on digital cockpit maker ECARX Holdings Inc. (ECX.US) this week with a 52-week price target of $2.80, about 24% higher than its current price, citing strong potential…
Xiao Noodles tempts Hong Kong investors with ‘cheap eats’ story
China’s fourth-largest noodle chain has filed for an IPO, reporting its revenue grew 34% in the first half of this year as consumers gravitated to its affordable food Key Takeaways:…
BRIEF: Zenergy to raise $65 million through 8% discounted share placement
Lithium battery maker Jiangsu Zenergy Battery Technology Group Co. Ltd. (3677.HK) on Friday announced that it plans to place 45.9 million new H-shares, representing 3.09% of the enlarged capital for its Hong…
BRIEF: Haixi Pharma delays IPO trading debut
Fujian Haixi Pharmaceuticals Co. Ltd. (2637.HK) said on Thursday night that the trading debut for its Hong Kong IPO, originally scheduled for Friday, will be postponed. It blamed the delay…