BRIEF: JL Mag licensed to supply Europe, U.S. as China eases rare earth controls
Rare earth magnetic materials producer JL Mag Rare-Earth Co. Ltd. (6680.HK; 300748.SZ) disclosed on Wednesday it has obtained export permits covering the U.S., Europe and Southeast Asia after China imposed…
BRIEF: Sanhua to raise up to $1 billion in Hong Kong IPO
Refrigeration and air conditioning component maker Zhejiang Sanhua Intelligent Controls Co. Ltd. (2050.HK, 002050.SZ) launched its Hong Kong IPO on Friday, aiming to raise up to HK$8.1 billion ($1.03 billion)…
BRIEF: MetaLight tumbles in Hong Kong trading debut
Bus information provider MetaLight Inc. (2605.HK) suffered a bruising Hong Kong debut on Tuesday, as its shares opened down 22% at HK$7.60 on their first trading day. The stock continued to…
BRIEF: Lopal Tech raises $15 million in share placement
Lithium iron phosphate battery cathode materials manufacturer Jiangsu Lopal Tech Co. Ltd. (2465.HK), said on Wednesday it will place 20 million new shares at a price of HK$6 apiece, raising…
BRIEF: Vobile raises $65 million through share placement
Video protection and monetization services provider Vobile Group Ltd. (3738.HK) said on Tuesday it raised HK$513 million ($65 million) by selling 138 million new shares to six or more investors…
BRIEF: Dobot partners with YSB on pharmacy-focused robots
Robot manufacturer Shenzhen Dobot Corp. Ltd. (2432.HK) on Tuesday announced a strategic collaboration with YSB Inc. (9885.HK) to jointly develop robots for pharmaceutical applications. The partnership will see Dobot spearhead…
BRIEF: MetaLight bus app IPO finally stops in Hong Kong, to raise $31 million
Bus information service provider MetaLight Inc. (2605.HK) launched its Hong Kong IPO on Monday, aiming to sell 24.9 million shares for HK$9.75 each to raise about HK$240 million ($31 million).…