INDUSTRY BRIEF: China to scrap or lower export tax rebates for solar products, batteries
China will cancel or lower its export tax rebates for solar products and batteries from April 1, as it seeks to ease price wars that have wreaked havoc on both…
BRIEF: Voicecomm raises $40 million via share placement at 20% discount
IT solutions provider Voicecomm Technology Co. Ltd. (2495.HK) said on Monday it raised HK$311.1 million ($40 million) through the placement of 6.73 million new shares at HK$46.30 each, representing a…
BRIEF: GigaDevice springs in Hong Kong trading debut
Shares of integrated circuit (IC) designer GigaDevice Semiconductor Inc. (0501.HK) opened up 45% at HK$235 in their Hong Kong trading debut on Tuesday, and held on to most of the gains…
BRIEF: APAC Resources returns to the black
Resources and commodities investor and trader APAC Resources Ltd. (1104.HK) said on Monday it returned to the black in final six months of last year, boosted by a return to…
BRIEF: Fresh food model lifts Jiumaojiu’s Tai Er back to same-store sales growth
Jiumaojiu International Holdings Ltd. (9922.HK) said average daily sales at its flagship Tai Er restaurant chain fell 3% year-on-year in the fourth quarter, narrowing from a 9.3% decline the previous…
BRIEF: OmniVision shares rise 15% through midday in trading debut
Shares of chip designer OmniVision Integrated Circuits Group Inc. (0501.HK) opened up 3% at HK$108 in their Hong Kong trading debut on Monday, and rose steadily to close up 15%…
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