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…
AI powers Agora back to revenue growth
The maker of real-time engagement technology is benefitting from new demand for products like real-time online virtual tutors and talking toys Key Takeaways: Agora reported a slight revenue increase in…
WeRide tries buyback maneuver in tight robotaxi race
The developer of driverless technology has unveiled a $100 million share buyback program in a bid to reassure investors after a stock price slide Key Takeaways: Shares in the robotaxi…
Russia’s Chinese car indigestion, and the fall of a Chinese chip magnate
After zooming over the last few years, China's car exports to Russia skidded by 44% in the first quarter. What put on the brakes? And former microchip superstar Zhao Guowei has been sentenced to death for waste and corruption. What led to his downfall?
Shoucheng sheds ‘old economy’ label with robotic pivot
The company, whose businesses over the years have included everything from steel to fund management, is trying its hand at robotic investment and incubation Key Takeaways: Shoucheng’s gross profit declined…
Huawei turns up HarmonyOS volume with launch of PC edition
The company’s latest rollout comes as it tries to convince more app developers to make versions of their products for its operating system Key Takeaways: Huawei has launched PCs powered…
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