Topsport sales sag in latest fiscal quarter, as its shares tumble on Nike reports
Sportswear seller Topsport International Holdings Ltd. (6110.HK) said on Thursday that sales for its retail and wholesale operations registered a low-teens decline in the three months through May 31, the…
Trip.com warns of ongoing antitrust probe as quarterly profit plunges
Online travel agent Trip.com Group Ltd. (9961.HK; TCOM.US) on Thursday reported its revenue rose 17% year-over-year in the first quarter to 16.2 billion yuan ($2.4 billion). But its profit took…
Guming to raise $250 million through zero-coupon convertible bond issue
Bubble tea chain Guming Holdings Ltd. (1364.HK) saidon Wednesday it plans to issue HK$1.96 billion ($250 million) in zero-coupon guaranteed convertible bonds and launch a share buyback to improve its…
Luxshare gets CSRC nod for Hong Kong IPO
Consumer electronics manufacturer Luxshare Precision Industry Co. Ltd.’s (002475.SZ) Hong Kong IPO was formally registered by the China Securities Regulatory Commission (CSRC) last Thursday, clearing a key regulatory hurdle for…
MSG giant Fufeng warns of potential first-half loss
China’s leading MSG producer Fufeng Group Ltd. (0546.HK) warned on Wednesday that it expects to report a loss or significant profit decline for the first half of this year, compared…
Xiaohongshu to file confidentially for Hong Kong IPO this month
Lifestyle platform Xiaohongshu, also known as RedNote, is preparing to confidentially file for a Hong Kong listing by the end of this month, with an aim to completing the IPO…
Forest Cabin invests $55 million in structured deposit products
Skincare products maker Shanghai Forest Cabin Cosmetics Group Co. Ltd. (2657.HK) said on Monday that it purchased 370 million yuan ($55 million) worth of structured deposit products from China Everbright Bank,…
