BRIEF: SenseTime to raise $405 million via share placement at 8.6% discount
AI company SenseTime Group Inc. (0020.HK) said on Thursday it will raise HK$3.15 billion ($405 million) by placing around 1.75 billion new Class B shares at HK$1.80 per share, representing…
BRIEF: 51World launches $94 million Hong Kong IPO
Digital twin technology company Beijing 51World Digital Twin Technology Co. Ltd. (6651.HK) launched its Hong Kong IPO on Thursday, aiming to sell 24 million shares for HK$30.50 apiece to raise…
BRIEF: Hashkey off to rocky start in Hong Kong trading debut
Shares of digital asset platform HashKey Holdings Ltd. (3887.HK) opened 0.3% higher in their Hong Kong trading debut on Wednesday, then moved within a narrow range before closing 2.7% below their offer…
BRIEF: CMOC to buy four Brazilian gold mines from Equinox for $1 billion
CMOC Group Ltd. (3993.HK) said on Monday it will pay $1 billion for three gold mining assets in Brazil from Canada’s Equinox Gold Corp. (EQX.TO), as it diversifies beyond its…
BRIEF: Guxia soars in Hong Kong trading debut
Shares of energy storage systems maker Guoxia Technology Co. Ltd. (2655.HK) opened 89% higher in their Hong Kong trading debut on Tuesday, and continued to climb to close up 128%…
BRIEF: Biren Technology gets CSRC nod for Hong Kong IPO
AI chipmaker Shanghai Biren Intelligent Technology Co. has been approved by China’s securities regulator to list in Hong Kong, according to the approval notice published by the China Securities Regulatory…
BRIEF: Kanzhun CFO resigns to take up new position as chief strategy officer
Online recruitment app operator Kanzhun Ltd. (BZ.US; 2076.HK) said on Thursday that Zhang Yu has resigned as the company’s CFO, and will take on a new position as its chief…