BRIEF: Goldlion privatization rejected by shareholders
Apparel maker Goldlion Holdings Ltd. (0533.HK) announced on Friday that a plan to privatize the company from major shareholder and Chairman Tsang Chi Ming was rejected by shareholders. Shareholders representing…
BRIEF: Autohome slashes headcount as revenue sags
Car-trading services provider Autohome Inc. (ATHM.US; 2518.HK) on Thursday reported its revenue slumped 10% in the first quarter, as the company cut about a fifth of its workforce over the…
BRIEF: Green Tea launches $156 million IPO, backed by eight cornerstone investors
Restaurant operator Green Tea Group Ltd. (6831.HK) launched its Hong Kong IPO on Thursday, aiming to sell 168 million shares priced at HK$7.19 each to raise about HK$1.21 billion ($156…
BRIEF: Bud APAC’s revenue falls 7.5% in first quarter, dragged down by China
Budweiser Brewing Co. APAC Ltd. (1876.HK) on Thursday said its revenue fell 7.5% year-on-year to $1.46 billion in the first quarter, as solid growth in most markets failed to offset…
BRIEF: Auntea Jenny surges in Hong Kong trading debut
Shares of bubble tea chain operator Auntea Jenny (Shanghai) Industrial Co. Ltd. (2589.HK) opened at HK$190.60 in their Hong Kong trading debut on Thursday, up 68% from their IPO price…
BRIEF: Midea buys back 550 million yuan of A-shares in April
Home appliance manufacturer Midea Group Co. Ltd. (0300.HK, 000333.SZ) said on Tuesday that it spent around 554 million yuan ($76 million) to repurchase 7.74 million of its Shenzhen-listed A-shares in…
BRIEF: Luckin returns to same-store sales growth in first quarter
Luckin Coffee Inc. (LKNCY.US) said on Tuesday its revenue rose 41.2% year-on-year to 8.87 billion yuan ($1.22 billion) in the first quarter of 2025, as it returned to profitability and…
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