Niu Technologies’ shipments rise 15.4% in third quarter
Electric scooter maker Niu Technologies (NIU.US) said on Monday its shipments rose 15.4% in the third quarter to 537,457 units from 465,873 a year earlier, as triple-digit gains for its…
Hong Kong-listed automakers’ market value halves this year: CPCA
Hong Kong-listed automakers had a combined market value of 870 billion yuan ($129 billion) in September, down 11% month-on-month and down by half year-on-year, the China Passenger Car Association said…
Transsion prepares to launch $400 million to $500 million IPO: report
Budget smartphone maker Shenzhen Transsion Holdings Co. Ltd. (688036.SH), widely known as the “Mobile King of Africa,” could launch its long-delayed Hong Kong IPO as early as this week, targeting…
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…
