Global New Material to raise $190 million through convertible bond sale
Pearlescent pigment maker Global New Material International Holdings Ltd. (6616.HK) said on Friday it plans to issue Hong Kong dollar-settled 3.25% convertible bonds with an aggregate principal amount of 1.3…
Ligent Technologies launches $700 million Hong Kong IPO
Optical communications product maker Ligent Technologies Inc. (9856.HK) launched its Hong Kong IPO on Monday, aiming to raise about HK$5.45 billion ($695 million) by selling 172 million shares to investors…
Z.AI to raise $5 billion from share placement and convertible bonds
AI large-model developer Z.AI Co. Ltd. (2513.HK), also known as Zhipu, announced on Sunday it plans to concurrently place new shares and issue convertible bonds to raise combined net proceeds…
Q Technology’s August camera module sales tumble on weak smartphone demand
Camera module maker Q Technology (Group) Co. Ltd. (1478.HK) announced on Thursday that sales of its camera modules for mobile products fell 14.9% year-on-year to 37.85 million units in August.…
Transwarp launches $109 million IPO
AI infrastructure software provider Transwarp Technology (Shanghai) Co. Ltd. (6727.HK) launched its public offering on Friday, aiming to sell about 14 million shares for HK$49 to HK$61 apiece. The listing…
Xunzhong raises $46.8 million through share placement at 19% discount
Chinese cloud services provider Beijing Xunzhong Communication Technology Co. Ltd. (2597.HK) said on Thursday it plans to place 11.19 million new shares at HK$28.20 apiece, representing a 19.43% discount to…
Excelland Robotics leaps in trading debut despite tepid international interest
Shares of robotics manufacturer Excelland Robotics (Wuxi) Co. Ltd. (3231.HK) opened 142% above their IPO price in their trading debut on Wednesday, and climbed through the morning session to end…
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