China restructuring, India provision weigh on Budweiser APAC in third quarter
Brewer Budweiser Brewing Co. APAC Ltd. (1876.HK) said on Sunday that it booked a provision of approximately $30 million during the three months through September due to prolonged payment delays for beer…
Macao gaming revenue falls for fourth consecutive month in September
Gross gaming revenue in Macao totaled 18.06 patacas ($22.35 billion) in September, down 1.2% year-over-year, marking the fourth consecutive month of declines since May, the city’s Gaming Inspection and Coordination…
Hengan International announces death of chairman
Hygiene products maker Hengan International Group Co. Ltd. (1044.HK) announced on Wednesday that its co-founder and executive Chairman Sze Man Bok passed away on Sept. 29. It did not give…
ITC Properties pivots to AI with $12.47 million acquisition
ITC Neocloud Group Ltd. (0199.HK), formerly known as ITC Properties Group Ltd., announced on Tuesday that it plans to acquire 80% of Guangzhou Chaoqi Xiyang Technology Co. Ltd. for 83.6…
Camsense triples in Hong Kong trading debut
Shares of robot vacuum component maker Shenzhen Camsense Technologies Co. Ltd. (6802.HK) soared in their Hong Kong trading debut on Wednesday, nearly doubling at the open and climbing during the…
Nuobikan seeks $17 million in share placement at 13.6% discount
AI technology company Nuobikan Artificial Intelligence Technology (Chengdu) Co. Ltd. (2635.HK) said on Tuesday it plans to place 16.49 million new shares, representing about 4.17% of its enlarged share capital.…
