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?
Cambricon to raise $700 million in race to build a Chinese AI chip leader
The advanced chipmaker has posted strong recent revenue growth and became profitable at the end of last year, as it recovers from U.S. sanctions Key Takeaways: Cambricon aims to raise…
RoboSense steers towards profits as LiDAR gains traction
The maker of sensors for assisted driving and robotics suffered a revenue dip in the first quarter but moved closer to its breakeven target Key Takeaways: The company managed to…
Top Numerical tools up for Hong Kong IPO
The company hopes to cash in on domestic substitution by manufacturers to boost sales of its high-end machine tools Key Takeaways: Top Numerical has filed for a Hong Kong IPO,…
Sany constructs new IPO bid, as low ROE threatens to undermine its valuation
The construction equipment maker’s new Hong Kong listing bid comes after it pulled the plug on previous IPO attempts in Hong Kong, Switzerland and Germany Key Takeaways: Sany Heavy has…
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