BRIEF: Bilibili swings to profit as advertising revenue jumps
Video platform Bilibili Inc. (9626.HK; BILI.US)on Thursday reported a third-quarter net profit of 469 million yuan ($65.9 million), reversing a net loss of 79.8 million yuan in the same period…
BRIEF: Chuangxin Industries launches $700 million IPO
Electrolytic aluminum producer Chuangxin Industries Holdings Ltd. (2788.HK) launched its Hong Kong IPO on Friday, aiming to raise HK$5.5 billion ($708 million) by selling 500 million shares for between HK$10.18…
BRIEF: Game-related services drive Huya’s 10% revenue growth in third quarter
Livestream gaming company Huya Inc. (HUYA.US) announced on Wednesday that its revenue for the third quarter rose 9.8% year-on-year to 1.69 billion yuan ($237 million), marking its strongest quarterly growth…
BRIEF: China Education forecasts up to $84 million profit for fiscal year
China Education Group Holdings Ltd. (0839.HK) said on Wednesday it expects to report a net profit between 440 million yuan ($61.9 million) and 600 million yuan for its fiscal year…
BRIEF: Venus Medtech sells Hangzhou project for 375 million yuan
Medical device maker Venus Medtech (Hangzhou) Inc. (2500.HK) announced on Tuesday that it will sell its Qiming Healthcare Life Science Industrial Park in Hangzhou, along with related land-use rights, to…
BRIEF: Q Technology’s camera module sales up 20% in October
Smartphone camera module maker Q Technology (Group) Co. Ltd. (1478.HK) said on Tuesday it sold 47.42 million camera modules in October, up 20.4% year-on-year and a 1.6% increase from September.…
