BRIEF: Breton, Rixin in deal for autonomous driving in mining
Construction machinery maker Breton Technology Co. Ltd. (1333.HK) said on Monday it recently entered into a two-year strategic cooperation agreement involving autonomous mining trucks with Fujian Rixin Machinery Leasing. Under their agreement,…
BRIEF: Mininglamp shares double in Hong Kong debut
Shares of marketing software provider Mininglamp Technology (2718.HK) doubled in their Hong Kong trading debut on Monday, opening 98% higher and extending the gains to close at HK$286 by the midday…
BRIEF: Impro Precision’s revenue rises 16.8% in third quarter
Precision machining parts maker Impro Precision Industries Ltd. (1286.HK) on Friday reported its revenue rose 16.8% year-on-year in the third quarter to HK$1.36 billion ($175 million), boosted by strong sales…
NEWS WRAP: Seyond sued by rival ahead of Hong Kong SPAC listing
The lawsuit claims Seyond’s long-range Robin E1X closely resembles Hesai’s AT series LiDAR sensors in both product design and system architecture By Teri Yu Autonomous driving technology company Seyond…
NEWS WRAP: Lalatech posts double-digit growth as overseas momentum continues
The logistics services provider has relaunched its Hong Kong IPO, saying it plans to further expand in the intra-city freight market while also accelerating its global logistics drive By…
BRIEF: ZTE profit plunges 87% in third quarter
Telecoms equipment maker ZTE Corp. (0763.HK; 000063.SZ) reported on Tuesday that its revenue rose 5.11% year-on-year to 28.97 billion yuan ($4.08 billion) in the third quarter. But a sharp rise…
BRIEF: Uber plans investments in Hong Kong IPOs by Pony AI, WeRide
Uber Technologies (UBER.US) plans to invest in upcoming Hong Kong IPOs by Pony AI Inc. (PONY.US) and WeRide Inc. (WRD.US), two of China’s leading robotaxi operators, Bloomberg reported on Tuesday.…
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