BRIEF: Hello Group forecasts another year of revenue decline for 2025
Online dating app operator Hello Group Inc. (MOMO.US), sometimes called the “Tinder of China,” reported on Wednesday that its revenue fell slightly in the third quarter, as strong gains in…
BRIEF: Bao Pharma doubles in Hong Kong trading debut
Shares Shanghai Bao Pharmaceuticals Co. Ltd. (2659.HK) opened up 128% in their Hong Kong trading debut on Wednesday, and held on to the gains during the morning session to close…
BRIEF: InSilico gets CSRC nod for Hong Kong IPO
AI drug discovery platform InSilico Medicine Cayman TopCo has been approved by China’s securities watchdog for a Hong Kong IPO, clearing a key hurdle in its stalled listing. According to…
INDUSTRY BRIEF: Healthcare stocks under pressure as national drug list expands
Many Hong Kong-listed drugmakers on Monday announced their products that were included in the 2025 edition of China’s National Reimbursement Drug List (NRDL), which was unveiled this week. The updated…
BRIEF: HashKey launches $200 million Hong Kong IPO
Digital asset platform HashKey Holdings Ltd. (3887.HK) launched its Hong Kong IPO on Tuesday, aiming to sell 240 million shares for HK$5.95 to HK$6.95 apiece to raise about HK$1.67 billion ($214…
BRIEF: Able Digital jumps in Hong Kong trading debut
Shares of digital teaching and learning solutions provider Shanghai Able Digital Science & Tech Co. Ltd. (2687.HK) jumped in their Hong Kong trading debut on Monday, as the company raised…
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