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…
BRIEF: Zijin Gold International’s profit triples on soaring gold prices
Zijin Gold International Co. Ltd. (2259.HK), spun off from Zijin Mining Group (2899.HK; 601899.SH) earlier this year, said on Tuesday it expects to report an annual profit of $1.5 billion…
NEWS WRAP: Cango’s largest shareholder to boost stake to near-majority control
Enduring Wealth Capital Ltd. will buy $10.5 million worth of newly issued Class B Cango shares that will boost its voting stake in the bitcoin miner to 49.61% By…
BRIEF: SolGold agrees to be acquired after Jiangxi Copper raises its bid price
The board of gold and copper miner SolGold Plc (SOLG.L) agreed to recommend an offer to sell the company to Jiangxi Copper Co. Ltd. (0358.HK; 600362.SH), reversing its earlier position, after the…
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