Butong gets set for IPO

BRIEF: Hesai jumps in Hong Kong trading debut

Shares of autonomous driving technology company  Hesai Group (2525.HK; HSAI.US) opened up 7.7% in their Hong Kong trading debut on Tuesday, and continued to rise during the morning to close up…

BRIEF: Sainsbury ends talks with JD.com on Argos sale

E-commerce giant JD.com Inc. (9618.HK, JD.US) has been actively seeking acquisitions of brick-and-mortar retailers in Europe, but that expansion suffered a setback with the collapse of a deal in the…