BRIEF: Xiaomi targets 550,000 EV deliveries this year, up 34%
Xiaomi Group (1810.HK) plans to deliver 550,000 electric vehicles in 2026, up about 34% from around 410,000 units delivered in 2025, underscoring its confidence in the continued expansion of its…
BRIEF: CATL buys back $628 million worth of Shenzhen stock
Leading electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (CATL) (3750.HK; 300750.SZ) said on Monday that it repurchased nearly 16 million of its Shenzhen-traded A-shares in open market…
BRIEF: Black Sesame buys 60% of SoC products maker for $68 million
Autonomous vehicle chipmaker Black Sesame International Holding Ltd. (2533.HK) said on Wednesday it has agreed to acquire existing and newly issued shares of Eeasy Technology Co. Ltd. that would give…
BRIEF: GPU maker Biren Technology soars in Hong Kong trading debut
Shares of AI chipmaker Shanghai Biren Technology Co. Ltd. (6082.HK) opened up 82% at HK$35.70 in their Hong Kong trading debut on Friday, closing up 73% at HK$33.88 by the…
BRIEF: OmniVision launches $600 million Hong Kong IPO
CMOS image sensor maker OmniVision Integrated Circuits Group Inc. (0501.HK) launched its Hong Kong IPO on Thursday, aiming to raise about HK$4.7 billion ($604 million) by selling 45.8 million shares…
BRIEF: Hongxing Coldchain seeks $37 million in Hong Kong IPO
Frozen food storage services provider Hongxing Coldchain (Hunan) Co. Ltd. (1641.HK) launched its Hong Kong IPO on Wednesday, offering 23.26 million shares for HK$12.26 each, aiming to raise HK$285 million…