BRIEF: DBS sees upside potential for ECARX on growing customer diversification
DBS initiated coverage on digital cockpit maker ECARX Holdings Inc. (ECX.US) this week with a 52-week price target of $2.80, about 24% higher than its current price, citing strong potential…
BRIEF: Sanhua denies massive Tesla order rumors after stock surges
Refrigeration component maker Zhejiang Sanhua Intelligent Controls Co. Ltd. (2050.HK; 002050.SZ) on Thursday denied rumors that it had secured a massive robotics-related order. The company said no material events had…
BRIEF: WeRide, Pony AI approved by CSRC to list in Hong Kong
U.S.-listed Robotaxi operators WeRide Inc. (WRD.US) and Pony AI Inc. (PONY.US) were cleared by China’s securities regulator to make second listings in Hong Kong, according to announcements on the China…
BRIEF: Shandong Gold profit doubles on surging gold prices
Gold producer Shandong Gold Mining Co. Ltd. (1787.HK; 600547.SH) said on Tuesday it expects to report net income of 3.8 billion yuan ($532 million) to 4.1 billion yuan for the first three…
BRIEF: Fibocom to raise up to $373 million in Hong Kong IPO
Wireless communication module maker Fibocom Wireless Inc. (0638.HK, 300638.SZ) launched its Hong Kong IPO on Tuesday, aiming to sell 135 million shares for HK$19.88 to HK$21.50 each to raise up…
BRIEF: JST launches $267 million Hong Kong IPO
E-commerce enterprise resource planning (ERP) software provider JST Group Corp. Ltd. (6687.HK) launched its Hong Kong IPO on Monday, aiming to sell 68.17 million shares for HK$30.60 each to raise…
BRIEF: JL Mag profit rises sharply in first three quarters
Rare-earth magnetic materials producer JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) announced on Thursday that it expects to report a net profit for the nine months through September of 505…
