Longsys in new alliance to bring on-device AI to handsets
The tie-up gives the dual -listed memory storage specialist a larger foothold in the emerging market for on-device AI, as its H-shares could soon qualify for the Stock Connect program…
Nine Dragons Paper’s profit doubles as supply chain integration pays off
Packaging paperboard products maker Nine Dragons Paper (Holdings) Ltd. (2689.HK) announced on Wednesday that its profit rose 102.6% year-on-year to 3.58 billion yuan ($534 million) for its fiscal year through…
Kanzhun founder raises $110 million in share sale, reportedly to pay new offshore tax bill
Kanzhun Ltd. (BZ.US; 2076.HK), operator of China’s leading online recruitment platform Boss Zhipin, disclosed that its founder and Chairman Zhao Peng sold down some of his company shares on Monday…
ZTO shares slump after Alibaba pares stake
Alibaba on Monday pared its stake in logistics firm ZTO Express (Cayman) Inc. (2057.HK; ZTO.US), offloading 25 million American depositary shares (ADS) at $20.02 apiece in a transaction valued at…
Robot vacuum component maker Camsense launches $78 million Hong Kong IPO
Robot vacuum spatial perception component maker Shenzhen Camsense Technologies Co. Ltd. (6802.HK) launched its Hong Kong IPO on Tuesday, offering shares at HK$58.85 each. The company expects to raise net…
Transwarp dips in Hong Kong trading debut
AI infrastructure software provider Transwarp Technology (Shanghai) Co. Ltd. (6727.HK) opened flat in its Hong Kong trading debut on Monday, then edged slightly lower to end the morning session at…
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…
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