BRIEF: Fibocom to raise up to $373 million in Hong Kong IPO
Wireless communication module maker Fibocom Wireless Inc. (0638.HK, 300638.SZ) launched its Hong Kong IPO on Tuesday, aiming to sell 135 million shares for HK$19.88 to HK$21.50 each to raise up…
BRIEF: JST launches $267 million Hong Kong IPO
E-commerce enterprise resource planning (ERP) software provider JST Group Corp. Ltd. (6687.HK) launched its Hong Kong IPO on Monday, aiming to sell 68.17 million shares for HK$30.60 each to raise…
BRIEF: JL Mag profit rises sharply in first three quarters
Rare-earth magnetic materials producer JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) announced on Thursday that it expects to report a net profit for the nine months through September of 505…
BRIEF: Zhida shares triple in trading debut after weak pricing
Shares of EV charger maker Shanghai Zhida Technology Development Co. Ltd. (2650.HK) tripled in their Hong Kong trading debut, closing up 192% at HK$195.50 on Friday after pricing weakly. The…
BRIEF: JD Logistics to buy two on-demand local delivery units from parent
Logistical services provider JD Logistics Inc. (2618.HK) said on Thursday it has agreed to buy two local on-demand delivery companies, Dasheng and Dajiang, from its parent, JD.com Inc. (JD.US; 9618.HK),…
BRIEF: MedBot reports strong year-to-date sales as commercialization accelerates
Shanghai MicroPort MedBot (Group) Co. Ltd. (2252.HK) said on Wednesday that cumulative orders for its core products, including laparoscopic, orthopedic, and vascular intervention surgical robots, surpassed 170 units as of…
BRIEF: Robot developer Yunji Tech to raise $85 million in Hong Kong IPO
AI-powered robotics and service automation firm Beijing Yunji Technology Co. Ltd. (2670.HK) launched its Hong Kong IPO on Wednesday, aiming to raise about HK$660 million ($85 million) by selling 6.9…