BRIEF: SICC launches $260 million IPO
Semiconductor company SICC CO. Ltd. (2631.HK; 688234.SH) launchedits Hong Kong IPO on Monday, planning to issue 47.7 million shares at up to HK$42.80 per share to raise up to HK$2.04…
BRIEF: CATL halts lithium production at Jiangxi mine
Electric vehicle battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK, 300750.SZ) (CATL) suspended operations at its Jianxiawo lithium mine in China’s Jiangxi province on Aug. 10, with no plans to…
BRIEF: Hutchmed’s revenue falls in first half of 2025
Drug maker Hutchmed (China) Ltd. (HCM.US; 0013.HK) reported its revenue fell in the first half of 2025, as a small gain for its best-selling drug failed to offset declines for…
BRIEF: Shouhui returns to profit on financial instrument gains
Insurance intermediary services provider Shouhui Group Ltd. (2621.HK) saidon Thursday it expects to report a net profit of between 660 million yuan ($92 million) and 680 million yuan for the…
BRIEF: Q Tech camera module shipments up 16% in July
Camera module maker Q Technology (Group) Co. Ltd. (1478.HK) on Friday reported its shipments of camera modules for mobile phones reached 37.84 million units last month, up 15.9% year-over-year and…
BRIEF: LexinFintech’s revenue dips on drop in credit facilitation business
Online loan facilitator LexinFintech Holdings Ltd. (LX.US) on Thursday reported its revenue fell slightly in the second quarter, as strong growth in its tech empowerment services wasn’t enough to offset…
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