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: Hithium files updated Hong Kong IPO application as revenue soars
Energy storage specialist Xiamen Hithium Energy Storage Technology Co. Ltd. filed an updated application for its Hong Kong IPO on Monday, showing it maintained its strong revenue growth into 2025.…
BRIEF: Deepexi shares double in Hong Kong debut
Shares of enterprise AI solutions provider Deepexi Technology Co. Ltd. (1384.HK) opened 112% higher in their Hong Kong trading debut on Tuesday and continued to rise before closing up 121.31%…
Everdisplay’s cash hunger in focus with new Hong Kong IPO application
The maker of AMOLED displays has renewed its filing to list in Hong Kong, following its application’s approval earlier this month by China’s securities regulator Key Takeaways: Everdisplay is seeking…
BRIEF: WeRide launches Hong Kong IPO to raise $400 million
Robotaxi operator WeRide Inc. (0800.HK, WRD.US) launched its Hong Kong IPO Tuesday, aiming to sell 88.25 million shares, with just 5% allotted for local investors in Hong Kong. The shares…
From grocery giant to produce pauper: Can Sun Art turn the aisle?
The operator of the formerly popular RT-Mart chain has lost money in two of the last three years, as a big-name private equity investor tries to turn it around Key…
BRIEF: Lufax replaces chief risk officer
Online lender Lufax Holding Ltd. (LU.US; 6623.HK) on Friday announced that Youn Jeong Lim resigned as the company’s chief risk officer, citing “personal work arrangements, and was replaced by Cheng…
BRIEF: Skyworth Digital profit tumbles 64% in first three quarters
Electronics manufacturer Skyworth Group Ltd. (0751.HK) announced on Sunday that its non-wholly-owned Skyworth Digital Co. Ltd. (000810.SZ) subsidiary recorded revenue of 6.46 billion yuan ($906 million) in the first three…