BRIEF: Jay Chou-connected stock surges after pop star joins Douyin
Short video platform Douyin announced on Wednesday that Jay Chou officially opened an account under the name "Classmate Chou," sparking a surge in a stock with ties to the Taiwan…
BRIEF: Bondholders approve Logan’s onshore debt restructuring
Real estate developer Logan Group Co. Ltd. (3380.HK) said on Wednesday that restructuring plans for 21 of its onshore corporate bonds and asset-backed securities (ABS) have all been approved by…
BRIEF: Fortior shares jump in Hong Kong trading debut
Shares of microchip maker Fortior Technology (Shenzhen) Co. Ltd. (1304.HK; 688279.SH) jumped 16% in their Hong Kong trading debut on Wednesday to close at HK$139.80, as the company became the…
BRIEF: Lens Technology rises in Hong Kong trading debut
Shares of smartphone glass supplier Lens Technology Co. Ltd. (6613.HK; 300433.SZ) opened up almost 4% in their Hong Kong trading debut on Wednesday and continued to rise through the day to…
BRIEF: GAC-Stellantis joint venture officially declared bankrupt
Guangzhou Automobile Group Co. Ltd. (2238.HK; 601238.SH) and Stellantis (STLA.US), the world’s fourth-largest automaker, on Tuesday said court overseeing the liquidation of their joint venture, GAC Fiat Chrysler Automobiles Co.…
BRIEF: Niu’s second-quarter sales rise 36.6%
Electric scooter manufacturer Niu Technologies (NIU.US) announced last Friday that it sold 350,090 e-motorcycles, e-mopeds, kick-scooters and e-bikes in the second quarter, up 36.6% from 256,200 units in the same period…
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