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…
BRIEF: Meitu reports strong profit growth in first half of 2025
Beauty app operator Meitu Inc. (1357.HK) said on Monday it expects to report its adjusted profit rose between 65% and 72% in the first half of 2025 compared with the…
BRIEF: MicroPort ‘s revenue soars in first half of 2025
Medical robotics company Shanghai MicroPort MedBot (Group) Co. Ltd. (2252.HK) said on Thursday that its revenue surged 70% to 80% in the first half of this year from 99.24 million…
BRIEF: Fourth Paradigm to raise $107 million in share placement
AI applications developer Beijing Fourth Paradigm Technology Co. Ltd. (6682.HK) announced on Thursday that it will place 25.9 million shares to Infini Global Master Fund, representing 8.07% of the enlarged…
BRIEF: Dmall raises $50 million in share placement at 10% discount
Retail digital services provider Dmall Inc. (2586.HK) said on Wednesday it placed 35.4 million shares at a price of HK$11.10 per share, equal to about 3.93% of its currently issued…