BRIEF: Haier Smart Home profit climbs 13% in third quarter
Appliance maker Haier Smart Home Co. Ltd. (6690.HK; 600690.SH; 690D.DE) announcedon Thursday its revenue rose 9.5% year-on-year during the third quarter to 77.56 billion yuan ($10.89 billion), while its net…
BRIEF: African diaper king Softcare to raise up to $300 million in IPO
Leading African diaper seller Softcare Ltd. (2698.HK) launched its Hong Kong IPO on Friday, aiming to sell 90.88 million shares for HK$24.20 to HK$26.20 apiece to raise up to HK$2.38…
BRIEF: Shandong Gold’s profit surges 91% in first three quarters
Gold producer Shandong Gold Mining Co. Ltd. (1787.HK; 600547.SH) announced on Wednesday that its revenue rose 25% year-on-year to 83.78 billion yuan ($11.8 billion) in the first nine months of…
BRIEF: Midea Group posts rising profit and revenue in third quarter
Home appliance manufacturer Midea Group Co. Ltd. (0300.HK, 000333.SZ) said on Wednesday that it’s revenue climbed 10% year-on-year to 111.9 billion yuan ($15.76 billion) in the third quarter, with net profit…
BRIEF: Skyworth Digital profit tumbles 64% in first three quarters
Electronics manufacturer Skyworth Group Ltd. (0751.HK) announced on Sunday that its non-wholly-owned Skyworth Digital Co. Ltd. (000810.SZ) subsidiary recorded revenue of 6.46 billion yuan ($906 million) in the first three…
BRIEF: EV maker Seres launches $1.7 billion IPO
Electric vehicle (EV) maker Seres Group Co. Ltd. (9927.HK; 601127.SH) launched its Hong Kong IPO on Monday, aiming to sell 100 million shares for HK$131.50 apiece to raise about HK$13.2…
BRIEF: Laopu Gold raises $348 million through share placement to boost gold reserves
Jewelry retailer Laopu Gold Co. Ltd. (6181.HK) announced on Wednesday it will place 3.71 million new H-shares, representing 2.59% of the enlarged share capital for its Hong Kong-listed H-shares and…
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