Cango takes ‘Mine and Hold’ strategy in its young bitcoin business
The auto trader-turned-bitcoin miner has minted 2,944.8 bitcoins since entering the business last November, but has yet to sell any of those despite recent market volatility Key Takeaways: Cango owned…
Kintor Pharma shifts from cancer drugs to cosmetics as funds run low
The cash-strapped biotech has begun generating its first revenue from over-the-counter cosmetic treatments, as it pivots away from its original oncology drugs Key Takeaways: Kintor Pharma is shifting from its…
Ispire’s cannabis dreams going up in smoke?
The American vaping company with strong Chinese ties reported its revenue fell 12.7% in the three months to March, as it rushes to set up a new manufacturing facility in…
Midea boosts European footprint in its globalization drive
The home appliance maker has acquired German brand Teka, whose products are used in half of all Spanish households Key Takeaways: Midea has completed its acquisition of Teka, adding a…
Zeekr gets set to drive off Wall Street, just a year after arriving
The company’s proposed privatization is part of an ongoing effort by parent Geely to consolidate its many listed units Key Takeaways: Zeekr has received a privatization bid from Hong Kong-listed…
Busy Ming buzzes investors with China’s love of budget snacks
The snack store operator has filed for a Hong Kong IPO, using steep cost controls to offer up cheap eats in less affluent smaller cities Key Takeaways: Busy Ming has…
Three Squirrels chases Hong Kong listing in scurry for offshore cash
The snack food maker is joining a wave of companies listed on China’s domestic A-share markets hoping to target global investors with second IPOs in Hong Kong Key Takeaways: China’s…
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