BRIEF: Q Tech camera module shipments up 16% in July
Camera module maker Q Technology (Group) Co. Ltd. (1478.HK) on Friday reported its shipments of camera modules for mobile phones reached 37.84 million units last month, up 15.9% year-over-year and…
BRIEF: Fourth Paradigm, Hyperstrong in AI power trading services joint venture
AI applications developer Beijing Fourth Paradigm Intelligent Technology Co. Ltd. (6682.HK) on Monday announced the formation of a joint venture with Beijing Hyperstrong Technology Co. Ltd. The venture, Energy Crystals…
BRIEF: Xuan Wu Cloud’s loss widens in first half of 2025
Customer relationship management (CRM) services provider Xuan Wu Cloud Technology Holdings Ltd. (2392.HK) announced on Friday that it expects to record a net loss up to 27 million yuan ($3.76…
BRIEF: ZTE to raise $500 million through convertible bond issue
Telecoms equipment maker ZTE Corp. (0763.HK; 000063.SZ) announced on Tuesday that it plans to issue 3.58 billion yuan ($499 million) worth of zero-coupon, U.S. dollar-settled bonds with the option to…
BRIEF: Kingboard records strong profit gain in first half of 2025
Kingboard Holdings Ltd. (0148.HK) said on Thursday it expects to report strong profit growth for the first half of 2025, citing solid performance for its core businesses making and selling…
BRIEF: SenseTime raises $318 million in share placement at 6.25% discount
Artificial intelligence company SenseTime Group Inc. (0020.HK) announced on Thursday that it will raise HK$2.5 billion ($318 million) by placing around 1.67 billion new Class B shares at HK$1.50 per…
BRIEF: Ubtech makes fifth share placement since IPO
Robotics maker Ubtech Robotics Corp. Ltd. (9880.HK) said on Tuesday it would place 30.16 million new shares at HK$82 apiece, representing a 9.1% discount to Monday's close and diluting its…