BRIEF: CATL passes Hong Kong listing hearing
Electric vehicle (EV) battery maker Contemporary Amperex Technology Co. Ltd. (300750.SZ) passed its listing hearing with the Hong Kong Stock Exchange on Tuesday, clearing the way for what is likely…
BRIEF: Breton shares surge in Hong Kong trading debut
Shares of motor manufacturer Breton Technology Co. Ltd. (1333.HK) opened at HK$29 in their Hong Kong trading debut on Wednesday, up 61% from their IPO price of HK$18. The stock…
BRIEF: Uber taps Chinese partners to accelerate global robotaxi expansion
Ride-hailing platform Uber (UBER.US) is ramping up its efforts in the robotaxi space, teaming up with a growing number of operators to promote the driverless service. Following its announcement this…
BRIEF: Synagistics forms AI partnership with ByteDance
E-commerce company Synagistics Ltd. (2562.HK) said on Tuesday it will use AI infrastructure supplied by Chinese internet giant ByteDance to create tools to help its merchants boost their productivity. The…
BRIEF: Ant Group eyes Hong Kong listing for overseas unit
Ant Group Co. Ltd., the fintech affiliate of Alibaba Group Holding Ltd. (BABA.US; 9988.HK), is planning to list its Ant International overseas arm in Hong Kong, Caixin reported, citing unidentified…
BRIEF: Midea buys back 550 million yuan of A-shares in April
Home appliance manufacturer Midea Group Co. Ltd. (0300.HK, 000333.SZ) said on Tuesday that it spent around 554 million yuan ($76 million) to repurchase 7.74 million of its Shenzhen-listed A-shares in…