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: Fibocom gets China’s regulatory nod for Hong Kong IPO
Wireless communication module maker Fibocom Wireless Inc.’s (300638.SZ) plan for a Hong Kong IPO was registered with the China securities regulator, clearing a key hurdle for the listing to proceed.…
BRIEF: Hipine launches Hong Kong IPO to raise up to $44 million
Gold watch maker Shenzhen Hipine Precision Technology Co. Ltd. (2583.HK) launched its Hong Kong IPO on Friday, planning to sell 10.6 million shares for between HK$27 and HK$29.60 each to…
iHuman’s international drive hops ahead with Cricket Media tie-up
The edutech company’s new alliance with a U.S. children’s media brand with more than a half century of history looks more promising than its earlier global expansion efforts Key Takeaways:…
BRIEF: GenFleet shares double in heavily oversubscribed IPO
Shares of biopharmaceutical firm GenFleet Therapeutics (Shanghai) Inc. (2595.HK) opened up 116% in their Hong Kong trading debut on Friday, and held on to the gains to close up more…
BYD hits tariff roadblock after ramping up Mexico sales
The Mexican government’s plans to raise tariffs on Chinese-made cars to 50% could stall BYD’s growth engine in the North American market Key Takeaways: The Chinese car maker supplies nearly…
BRIEF: 111 Inc.’s revenue drops in second quarter
Drug seller 111 Inc. (YI.US) said on Wednesday its revenue fell 6.4% year-on-year to 3.2 billion yuan ($450 million) in the second quarter, as revenue for its core business of…
BRIEF: Chery launches blockbuster IPO likely to become this year’s largest new car listing
Car maker Chery Automobile Co. Ltd. on Wednesday launched its Hong Kong IPO, aiming to raise more than $1 billion in what’s likely to become the largest listing by a…