BRIEF: Baidu’s Apollo Go tops global robotaxi market with 14 million rides and global advances
Baidu Inc.’s (BIDU.US; 9888.HK) Apollo Go autonomous ride-hailing service recorded 14 million cumulative rides as of August, the company said last Wednesday. That helped to solidify its position as a…
BRIEF: Hesai plans second listing in Hong Kong
Autonomous driving technology company Hesai Group (HSAI.US) is seeking a second listing in Hong Kong to complement its current listing on the Nasdaq, according to a notice posted by the…
BRIEF: Shandong Gold’s profit doubles on high gold prices
Gold producer Shandong Gold Mining Co. Ltd. (1787.HK; 600547.SH) on Wednesday reported revenue of 56.77 billion yuan ($7.9 billion) for the first half of 2025, up 24.01% year-on-year, while its…
BRIEF: EHang reports wider loss, slashes 2025 revenue guidance
Autonomous aerial vehicle maker EHang Holdings Ltd. (EH.US) reported on Tuesday that its second-quarter revenue totaled 147.2 million yuan ($20.5 million), up 44.2% from a year earlier and 464% from…
BRIEF: CaoCao’s loss narrows in first half of 2025
Ride-hailing platform CaoCao Inc. (2643.HK) said on Tuesday its revenue jumped 53.5% year-on-year to 9.46 billion yuan ($1.32 billion) in the first half of 2025, while its loss narrowed nearly…
BRIEF: Ganfeng Lithium to raise $322 million by selling shares, convertible bonds
Lithium producer Ganfeng Lithium Co. Ltd. (1772.HK; 002460.SZ) announced on Tuesday that it plans to raise HK$2.52 billion ($322 million) through a combination of selling shares and convertible bonds. It…
BRIEF: Lens Technology’s profit jumps over 30% in first half of 2025
Smartphone glass supplier Lens Technology Co. Ltd. (6613.HK; 300433.SZ) said on Monday its revenue rose 14.2% to 32.96 billion yuan year-on-year in the first half of this year. Its net…
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