Baiwang forms enterprise credit technology joint venture
Digital invoice and tax services provider Baiwang Co. Ltd. (6657.HK) said on Monday it has agreed to form a joint venture engaged in enterprise credit technology and services with three…
Waterdrop revenue jumps, but profit falls on swelling marketing expenses
Insurance services provider Waterdrop Inc. (WDH.US) on Tuesday reported its revenue jumped 72.8% year-on-year to 1.45 billion yuan ($216 million) in the second quarter, driven by improvements in its risk…
Baige Online’s MaaS revenue jumps nearly 5.8 times through August
Internet insurance technology services provider Baige Online Digital Technology Co. Ltd. (2672.HK) announced on Sunday that revenue from its Model-as-a-Service (MaaS) business reached about 47.4 million yuan ($7.06 million) in…
Swire sells down Cathay Pacific stake at 7% discount, raising $613 million
Conglomerate Swire Pacific Ltd. (0019.HK) on Wednesday announced a placement of nearly 363 million shares of Cathay Pacific Airways (0293.HK) — representing 5.96% of the airline's issued shares — to raise HK$4.79 billion ($613…
Unitree’s IPO win fuels Shoucheng’s next physical AI bets
Shoucheng Holdings Ltd. (0697.HK) is getting its first public-market yardstick for an early physical AI bet, as Unitree Technology (688836.SH) makes its Shanghai STAR Market debut, giving investors a public-market…
AI integration, foreign partnerships in new industries in focus at China Finance Summit
The event reflected Beijing's ongoing effort to restore private business confidence and project an ‘open for business’ image to the world By Da Cheung Amid global economic uncertainties and shifting…
Central China Securities first-half profit rises more than 46%
Brokerage Central China Securities Co. Ltd. (1375.HK) said on Tuesday it expects to report a profit of 380 million yuan ($56 million) to 430 million yuan for the first half…
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