BRIEF: InSilico jumps in Hong Kong trading debut
Shares of AI-driven drug discovery platform InSilico Medicine (3696.HK) opened up 45% at HK$35 in their Hong Kong trading debut on Tuesday, before paring the gains to close up 34.1%…
BRIEF: Forest Cabin rises in Hong Kong debut
Shares of skincare products maker Shanghai Forest Cabin Cosmetics Group Co. Ltd. (2657.HK) opened up 9.3% at HK$85 in their Hong Kong trading debut on Tuesday, then continued to rise to close up…
BRIEF: SolGold agrees to be acquired after Jiangxi Copper raises its bid price
The board of gold and copper miner SolGold Plc (SOLG.L) agreed to recommend an offer to sell the company to Jiangxi Copper Co. Ltd. (0358.HK; 600362.SH), reversing its earlier position, after the…
BRIEF: SJM completes L’Arc Hotel acquisition
Macao casino operator SJM Holdings Ltd. (0880.HK) announced on Sunday that it completed its acquisition of Arc of Triumph Development Co. Ltd. on Dec. 17, making Arc a wholly owned…
BRIEF: Lin Bin to sell $2 billion worth of Xiaomi shares to set up investment fund
Smartphone manufacturer Xiaomi Corp. (1810.HK) said on Monday that co-founder and vice chairman Lin Bin will sell up to $500 million worth of Xiaomi shares every 12 months starting December…
BRIEF: JD.com Paris warehouse burglarized in major robbery
Thieves stole thousands of items worth millions of dollars from a Paris warehouse owned by e-commerce giant JD.com Inc. (JD.US; 9618.HK), Caixin reported on Wednesday. JD.com confirmed the theft and…