BRIEF: Miniso hires underwriters for Top Toy IPO
Retailer Miniso Group Holding Ltd. (MNSO.US; 9896.HK) plans to spin off its Top Toy unit for a separate Hong Kong listing, and has hired JPMorgan and UBS to underwrite the…
BRIEF: Kelun-Biotech raises $250 million through share placement
Innovative cancer drug company Sichuan Kelun-Biotech Biopharmaceutical Co. Ltd. (6990.HK) announced on Thursday it plans to sell 5.92 million shares through a placement, representing 2.54% of its enlarged share capital.…
BRIEF: Lopal Tech raises $15 million in share placement
Lithium iron phosphate battery cathode materials manufacturer Jiangsu Lopal Tech Co. Ltd. (2465.HK), said on Wednesday it will place 20 million new shares at a price of HK$6 apiece, raising…
BRIEF: Vobile raises $65 million through share placement
Video protection and monetization services provider Vobile Group Ltd. (3738.HK) said on Tuesday it raised HK$513 million ($65 million) by selling 138 million new shares to six or more investors…
BRIEF: XPeng sustains momentum in May, as Leapmotor sets new sales record
China’s new energy vehicle (NEV) market continued to grow rapidly in May, as multiple brands posted record-high monthly deliveries. XPeng Motors (XPEV.US; 9868.HK) delivered 33,525 vehicles during the month, up…
BRIEF: Dobot partners with YSB on pharmacy-focused robots
Robot manufacturer Shenzhen Dobot Corp. Ltd. (2432.HK) on Tuesday announced a strategic collaboration with YSB Inc. (9885.HK) to jointly develop robots for pharmaceutical applications. The partnership will see Dobot spearhead…