Man Wah sets spin-off in motion for its sofa tech unit
The Chinese furniture giant is preparing to list its components subsidiary Remacro to raise the technology unit’s profile and open an independent funding channel Key Takeaways: After listing on China’s…
EnjoyGo shifts gears to driverless future on road to IPO
The mobility arm of auto giant SAIC is making a Hong Kong listing to raise funds for development of self-driving car services, among other purposes Key Takeaways: EasyGo, the mobility…
From green energy to property woes, China turns to financial engineering
Solar and wind farm builder Xinte announces plans to start collateralizing its assets using asset backed securities. And China International Travel is spinning off its real estate business.
Afari tries to charm investors with AI story rife with question marks
The carmaker has applied to list in Hong Kong, led by a new chairman described as having over a decade of deep experience in AI, but with few additional details…
Sichuan Teway spices up Hong Kong’s hot IPO market
The maker of ready-to-cook and hotpot pre-mixed seasonings has filed to list in Hong Kong, positioning itself as a consolidator in China’s huge seasonings market Key Takeaways: Sichuan Teway has…
Andre Juice’s growth stalls after bumper period
China’s leading maker of apple juice concentrate reported its revenue contracted in the third quarter, ending a period of strong gains in the previous year and a half Key Takeaways:…
Pet tech boom lifts Dogness revenue, but investors aren’t biting
The pet pioneer’s business is getting a lift from products like smart collars and intelligent feeders, even as its core leash business is in the doghouse Key Takeaways: Dogness reported…