BRIEF: Chuangxin Industries shares jump in Hong Kong trading debut
Shares of electrolytic aluminum producer Chuangxin Industries Holdings Ltd. (2788.HK) jumped in their Hong Kong trading debut on Monday, as the company raised HK$5.31 billion ($682 million) by selling 500…
BRIEF: Pateo sells remaining Avita stake for $8.78 million
Smart cockpit solutions provider Pateo Connect Technology (Shanghai) Corp. (2889.HK) announced last Friday that its non-wholly owned subsidiary, Huzhou Chuangsheng Chiming Equity Investment Partnership Enterprise, has agreed to sell its…
BRIEF: Lingbao finds more gold at Tongbai Laowan mine
Gold miner Lingbao Gold Group Co. Ltd. (3330.HK) said on Sunday that it has completed exploration of the entire area surrounding its Tongbai Laowan gold mining project, and determined that…
BRIEF: Kuaishou’s third-quarter profit jumps as AI fuels growth
Short-video platform Kuaishou Technology (1024.HK) reported on Wednesday its revenue rose 14.2% year-on-year to 35.6 billion yuan ($5 billion) in the third quarter, while its profit jumped 37.3% to 4.49…
BRIEF: Hongqiao raises $1.47 billion via share sale at 10% discount
Aluminum producer China Hongqiao Group Ltd. (1378.HK) said on Monday it sold 400 million shares in a top-up placement, representing approximately 4.03% of its enlarged share capital after the sale.…
BRIEF: Breton raises $32 million via share placement at 15% discount
Ｍotor manufacturer Breton Technology Co. Ltd. (1333.HK) announced on Sunday that it plans to place up to 10 million new Hong Kong-listed H-shares, representing 3.98% of its enlarged H-share capital. The…
BRIEF: CNGR falls in trading debut after weak pricing
Shares of new energy materials producer CNGR Advanced Materials Co. Ltd. (2579.HK) opened flat in their Hong Kong trading debut on Monday, and then fell during the morning session to…
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