Unisound launches modest IPO into crowded Hong Kong market
The AI services provider is aiming to raise a relatively modest $40 million, or just over 2% of its share capital, as it rapidly burns through its cash Key Takeaways:…
ENN bids to reshape its gas business with listing switch-up
ENN Natural Gas, part of China’s ENN energy group, is looking to buy out a listed subsidiary and take the firm’s place on the Hong Kong stock market Key Takeaways:…
Alsco delivers new application on rocky road to a Hong Kong IPO
Slowing growth, a shaky valuation and high receivables could cloud the latest listing attempt by China’s top provider of reusable packaging materials for the auto sector Key Takeaways: Alsco has…
Switchbot taps market frenzy for robotic stocks
The maker of smart home-use robots has filed for a Hong Kong IPO, boasting a key elder of China’s high-tech gadget world as a major shareholder and non-executive director Key…
Sinking SICC looks for lift from Hong Kong IPO
The maker of silicon carbide substrates has been cleared by China’s securities regulator to list in Hong Kong, even as its revenue began to contract in the first quarter Key…
BGM transformed by rapid series of AI acquisitions
The company looks set for big growth after adopting a Salesforce-like strategy of acquisitions and expansion to build an AI productivity platform Key Takeaways: BGM has been rapidly transforming from…
WeRide’s big share repurchase, and Huawei’s PC Harmony
Huawei has released a PC version of its Harmony operating system, as well as two models using the OS. How likely are other PC and smartphone makers to adopt this made-in-China OS? And WeRide has launched a $100 million share buyback less than a year after its IPO. What prompted the move, and is this the best use of its dwindling cash?