BRIEF: MiniMax shares soar in Hong Kong debut
Shares of AI company MiniMax Group Inc. (0100.HK) jumped in their Hong Kong trading debut on Friday, after it raised HK$4.6 billion ($590 million) by selling 29 million shares to…
BRIEF: Copper miner Jinshun Resources jumps in Hong Kong trading debut
Shares of cathode copper producer Yunnan Jinshun Resources Co. Ltd. (3636.HK) opened 26.7% higher in their Hong Kong trading debut on Friday, and held on to most of the gains…
BRIEF: Apollo Go gets Dubai’s first fully driverless testing permit
Baidu Inc. (BIDU.US; 9888.HK) announced on Wednesday that its Apollo Go autonomous ride-hailing platform received a fully driverless testing permit from Dubai’s Roads and Transport Authority (RTA). The company said…
BRIEF: Iluvatar rises in Hong Kong trading debut
Shares of AI chipmaker Shanghai Iluvatar CoreX Semiconductor Co. Ltd. (9903.HK) opened up 31.5% at HK$190.20 in their Hong Kong trading debut on Thursday, before paring the gains to close…
BRIEF: Xiao Noodles announces share buyback just a month after IPO
Noodle chain operator Guangzhou Xiao Noodles Catering Management Co. Ltd. (2408.HK) on Tuesday announced its board approved a mandate for the company to buy back up to 10% of its…
BRIEF: Leapmotor raises $430 million from share sale to state-run investor
Electric vehicle (EV) maker Zhejiang Leapmotor Technology Co. Ltd. (9863.HK) said on Tuesday it will raise about 3 billion yuan ($430 million) through a share placement to state-owned investor Jinhua…
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