BRIEF: Duality Biotherapies surges in Hong Kong trading debut
Shares of biotech firm Duality Biotherapeutics Inc. (9606.HK) opened up 91% at HK$181 on Tuesday and continued to climb in their Hong Kong trading debut, closing up 127% at HK$214.80…
BRIEF: Shandong Gold logs strong first-quarter profit growth
Gold producer Shandong Gold Mining Co. Ltd. (1787.HK; 600547.SH) announced on Monday that it expects to report a first-quarter net profit of 950 million yuan ($130 million) to 1.13 billion…
BRIEF: Shein London IPO approved by British financial regulator
Britian’s financial regulator has approved a London Stock Exchange listing by Shein, bringing the online fast fashion retailer one step closer to its long-awaited goal of becoming a publicly listed…
BRIEF: 361 Degrees core brand sales rise 10% to 15% in first quarter
Sportswear seller 361 Degrees International Ltd. (1361.HK) announced on Monday that sales for its main and kids brands via offline channels grew by 10% to 15% year-on-year in the first…
BRIEF: Zenergy rises 2% in Hong Kong trading debut
Shares of lithium-ion battery maker Jiangsu Zenergy Battery Technologies Group Co. Ltd. (3677.HK) opened up 2% at HK$8.46 in their Monday trading debut in Hong Kong. The company sold 122…
INDUSTRY BRIEF: ‘Ne Zha 2’ a dud at global box office
Despite earning a massive $2.15 billion in ticket sales, the blockbuster animated film “Ne Zha 2” has earned just $60 million from sales outside China, financial media Caixin reported on…