BRIEF: Zhejiang Sanhua gets CSRC nod for Hong Kong IPO
The Chinese securities regulator approved Zhejiang Sanhua Intelligent Controls Co. Ltd.’s (002050.SZ) application to list in Hong Kong, clearing an important regulatory hurdle for the refrigerator and air condition component…
BRIEF: Beisen’s loss narrows on reduced preferred share impact
Human capital management SaaS provider Beisen Holding Ltd.(9669.HK) announced Tuesday it expects to post a net loss of 130 million yuan ($18 million) to 196 million yuan for its fiscal…
BRIEF: CATL targets $4 billion in Hong Kong IPO, poised to become year’s top listing
Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK; 300750.SZ) launched its Hong Kong IPO on Monday, aiming to raise up to HK$31 billion ($4 billion) through the…
BRIEF: Baidu’s Apollo partners with CAR Inc. on autonomous vehicle rentals
Baidu Inc.’s (BIDU.US; 9888.HK) Apollo autonomous driving platform said on Thursday it has signed a deal to jointly launch China’s first autonomous vehicle rental service in a new partnership with…
BRIEF: Uber taps Chinese partners to accelerate global robotaxi expansion
Ride-hailing platform Uber (UBER.US) is ramping up its efforts in the robotaxi space, teaming up with a growing number of operators to promote the driverless service. Following its announcement this…
BRIEF: Uber to offer Momenta robotaxi service, starting in Europe
Autonomous driving technology company Momenta will offer robotaxi service over Uber’s (UBER.US) ride hailing platform in markets outside the U.S. and China, starting with an unspecified European market, the two…
BRIEF: S.F. Holding reports first-quarter profit, revenue growth
Logistics firm S.F. Holding Co. Ltd. (6936.HK, 002352.SZ) reported on Monday its revenue rose 6.9% year-over-year to 69.8 billion yuan ($957 million) in the first quarter, while its net profit…
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