Fibocom limps out of IPO gate, weighed down by sagging margins
The wireless module maker’s shares fell 11.7% in their Hong Kong debut and continued to slump the next day, but still trade at an inflated valuation Key Takeaways: Fibocom’s shares…
Beijing software pivot puts Kingsoft in focus. But can it deliver?
A government announcement on a document using the company’s word processing program stirred expectation for accelerated import substitution in software systems Key Takeaways: The Chinese government’s use of Kingsoft word…
Gold’s bull market lifts Zhaojin to more shiny earnings
The miner reported impressive profit growth in the third quarter, benefiting from U.S. dollar weakness and a 17% surge for gold in the three-month period Key Takeaways: Zhaojin Mining’s profit…
Can Epiworld maintain an edge as silicon wafer prices slide?
The leading producer of silicon carbide wafers is making a renewed IPO pitch as a price war squeezes profits and makes it more reliant on state subsidies Key Takeaways: Revenue…
Yunji rolls out red carpet for investors with Hong Kong IPO
The maker of scenario-based, AI-empowered robots, mostly used in hotels, raised about $76 million, as it becomes the first maker of flexible, service-based robots to list in Hong Kong Key…
Sunny Optical, Goertek forge ‘Optical Alliance’ in bet on AI glasses
The marriage of Sunny Optical's technology with Goertek's manufacturing muscle could create a new giant in China's optical industry Key Takeaways: Goertek Optical and Sunny Optical will form a joint…
EHang tries to break from holding pattern with new longer-range aircraft
The electric vertical take-off and landing aircraft maker unveiled its second major model with a range of up to 200 kilometers, complementing its original model for short distances Key Takeaways:…