FAST NEWS: Lingbao Gold basks in glittery spotlight with new share sale
The Latest: Lingbao Gold Group Co. Ltd. (3330.HK) sold nearly 26.92 million new shares on Wednesday for HK$3.02 a piece, a 16% discount to the previous day’s close, raising HK$79.3 million ($10.1…
FAST NEWS: Shandong Gold mines higher gold prices for big profits
The Latest: Shandong Gold Mining Co. Ltd. (1787.HK) said on Thursday it expects to report a net profit of 650 million yuan ($89.8 million) to 750 million yuan for the first quarter…
FAST NEWS: Rosefinch fund cuts JL Mag stake for eighth time this year
The Latest: Institutional investor Rosefinch Fund Management disclosed it sold about 850,000 Hong Kong-listed shares of rare earth materials producer JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) on April 8 at an average…
FAST NEWS: China Wood posts large profit as trading resumes
The Latest: China Wood International Holding Co. Ltd. (1822.HK) announced on Thursday that it earned a profit of HK$1.2 billion ($153 million) last year, while its revenue rose 122% to HK$323 million. Looking…
FAST NEWS: GCL Technology signs major polysilicon supply deal
The latest: GCL Technology Holdings Ltd. (3800.HK) announced Thursday that it signed an agreement to sell 125,000 tons, 150,000 tons and 150,000 tons of polysilicon to solar panel maker Longi…
FAST NEWS: JPMorgan boosts Yeahka holdings
The Latest: JPMorgan increased its holdings in digital payments company Yeahka Ltd. (9923.HK) on Feb. 7, buying shares worth nearly HK$6.89 million ($880,000), according to a Hong Kong Stock Exchange disclosure on Wednesday. Looking…
NEWS WRAP: TuSimple to delist, citing the company’s ‘best interests’
The autonomous driving company said its decision was based on weakening market sentiment towards companies with technology that has yet to be commercialized By Doug Young TuSimple Holdings Inc.…
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