BRIEF: Luk Fook’s retail sales rebound in first quarter
Jewelry retailer Luk Fook Holdings (International) Ltd. (0590.HK) announced on Thursday that its overall retail sales value and retail revenue in the three months to June returned to double-digit growth,…
BRIEF: iDreamSky returns to profitability on new game launches
Online game company iDreamSky Technology Holdings Ltd. (1119.HK) said on Thursday it expects to report a return to profitability in the first half of 2025 from the year-ago period, crediting…
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…
BRIEF: GDS completes IPO for its data center property REIT
Data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) said on Wednesday it has completed the spin off and separate listing in Shanghai of a real estate investment trust (REIT) containing…