NASN Tech jumps in trading debut as first-quarter revenue rises nearly 47%
NASN Intelligent Tech (Zhejiang) Co. Ltd. (2261.HK), a Chinese provider of motion control solutions for intelligent driving, opened up 62.2% in its Hong Kong trading debut on Friday and traded…
Democratic Republic of Congo bans copper, cobalt concentrate exports
The Democratic Republic of Congo has banned the export of copper and cobalt concentrates produced in the country, as it tries to encourage more processing of its mineral resources within…
FourSemi’s first-half loss doubles on weak smartphone demand
Intelligent sensing chip provider Shanghai FourSemi Semiconductor Co. Ltd. (3625.HK) warned on Tuesday that it expects to report a net loss of 64.5 million yuan ($9.55 million) to 69.5 million…
Seyond and Giga partner in freight logistics
LiDAR manufacturer Seyond Holdings Ltd. (2665.HK) said on Tuesday that it has signed a three-year memorandum of understanding with Giga.AI Technology. The partnership will jointly promote the intelligent upgrade of…
AI integration, foreign partnerships in new industries in focus at China Finance Summit
The event reflected Beijing's ongoing effort to restore private business confidence and project an ‘open for business’ image to the world By Da Cheung Amid global economic uncertainties and shifting…
Youzan revenue rises, but AI spending weighs down profit
Merchant services provider Youzan Technology Ltd. (6051.HK) announced on Monday it expects to report revenue of 765 million yuan ($113 million) to 775 million yuan for the first half of…
SF Intra-city’s profit doubles on growing scale
On-demand delivery company Hangzhou SF Intra-city Industrial Co. Ltd. (9699) on Monday said it expects to report a profit of 301 million yuan ($45 million) or more for the first…
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