BRIEF: Canaan receives major crypto mining machine order
Cryptocurrency mining machine maker Canaan Inc. (CAN.US) said on Thursday it signed a major new order with AGM Group Holdings Inc. for models from its Avalon A15 series. Under the deal,…
INDUSTRY BRIEF: China’s EV exports decline, as hybrids grow rapidly
China’s exports of pure electric vehicles (EVs) fell 10.8% year-on-year to 894,000 units in the first 11 months of this year, the China Association of Automobile Manufacturers (CAAM) announced on…
BRIEF: Hongjiu Fruit major shareholder pledges 21 million shares
Fruit distributor Chongqing Hongjiu Fruit Co. Ltd. (6689.HK), announced on Thursday that major shareholder and general manager Jiang Zongying pledged 21 million of her shares to other parties on Dec.…
BRIEF: JinkoSolar expands share buyback program
Solar panel maker JinkoSolar Holding Co. Ltd. (JKS.US; 688223.SH) on Wednesday announced an expansion and extension of its share repurchase program, as it seeks to support its stock. The company…
BRIEF: TikTok’s Canada unit files for judicial review after shutdown order
TikTok's Canadian unit said Wednesday it has filed an emergency motion with Canada's Federal Court seeking judicial review of an order requiring the company to shut down its operations in…
BRIEF: SJM to buy commercial building in Hengqin for $75 million
Casino operator SJM Holdings Ltd. (0880.HK) announced on Wednesday that it has agreed to buy a nine-story office building in Zhuhai’s Hengqin district from Shun Tak (0242.HK) for 546 million…