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…
Jiumaojiu ladles up hotpot investment to boost overseas expansion
The restaurant operator will pay $43 million for new and existing shares of Big Way Group, boosting its stake to 49% of the North American hotpot chain Key Takeaways: Jiumaojiu’s…
Events organizer Meorient turns to Hong Kong for expansion funds
The company, which holds trade exhibitions to showcase Chinese exports, is seeking fresh capital as a post-pandemic business boom subsides Key Takeaways: The firm serves Chinese export-oriented enterprises and derives…
BRIEF: OmniVision launches $600 million Hong Kong IPO
CMOS image sensor maker OmniVision Integrated Circuits Group Inc. (0501.HK) launched its Hong Kong IPO on Thursday, aiming to raise about HK$4.7 billion ($604 million) by selling 45.8 million shares…
Regulatory caution dims Hong Kong SPAC outlook, while Chinese tastes drive out foreign brands
Hong Kong has completed just its third listing using a SPAC since the program's launch four years ago. Why has uptake been so anemic? And Hong Kong's popular Mannings health and beauty chain is pulling out of Mainland China after more than two decades in the market. Why is it calling it quits?
Weihai Bank gets government-led year-end capital gift, highlighting its troubles
The regional lender will sell new shares to a municipal investor in its hometown in Shandong province to shore up its capital cushion Key Takeaways: Weihai Bank will raise about…
BRIEF: Hongxing Coldchain seeks $37 million in Hong Kong IPO
Frozen food storage services provider Hongxing Coldchain (Hunan) Co. Ltd. (1641.HK) launched its Hong Kong IPO on Wednesday, offering 23.26 million shares for HK$12.26 each, aiming to raise HK$285 million…
Turtle tempest: Can Playmates Toys fight back after losing its prize Ninjas?
The toymaker will end its exclusive 37-year agreement to make products based on Teenage Mutant Ninja Turtles at the end of 2026 Key Takeaways: Playmates will soon lose its exclusive…
