BRIEF: Single show pony Impression Dahongpao launches modest IPO
Cultural tourism company Impression Dahongpao Co. Ltd. (2695.HK) launched its Hong Kong IPO on Friday, aiming to sell 36.1 million shares for HK$3.47 to HK$4.10 apiece to raise about HK$148…
BRIEF: Xiao Noodles comes up limp in Hong Kong trading debut
Shares of noodle chain operator Guangzhou Xiao Noodles Catering Co. Ltd. (2408.HK) opened down 29% in their Hong Kong trading debut on Friday, and remained limp during the morning session to…
BRIEF: Heavily oversubscribed Lemo soars on Hong Kong trading debut
Shares of massage chair operator Lemo Services Co. Ltd. (2359.HK) opened up 62% in their Hong Kong trading debut on Monday, and held on to most of the gains to close up…
BRIEF: Sun Art names Freshippo veteran as new CEO
Sun Art Retail Group Ltd. (6808.HK), operator of the RT-Mart supermarket chain, announced on Sunday that CEO Shen Hui has resigned from his post to devote more time to family…
BRIEF: Anta, Li Ning consider bids for Puma
Leading sportswear makers Anta Sports Products Ltd. (2020.HK) and Li Ning Co. Ltd. (2331.HK) are considering bids for German sport brand Puma, according to media reports, citing unnamed people familiar…
BRIEF: Xiao Noodles launches Hong Kong IPO to raise up to $89 million
Chinese noodle-chain operator Guangzhou Xiao Noodles Catering Co. Ltd. (2408.HK) launched its Hong Kong public offering on Thursday, aiming to raise up to HK$690 million ($89 million) by selling 97.3…
BRIEF: Baozun’s operating profit narrows as e-commerce unit returns to the black
E-commerce software provider Baozun Inc. (BZUN.US; 9991.HK) on Tuesday reported its revenue rose in the third quarter, as its core e-commerce services returned to profitability and losses narrowed for its…