NEWS WRAP: Seres serves up luxury option for NEV investors
The high-end new energy vehicle maker expects to raise about $1.7 billion in its Hong Kong listing, becoming the third-biggest this year in the city’s hot IPO market By…
BRIEF: Impro Precision’s revenue rises 16.8% in third quarter
Precision machining parts maker Impro Precision Industries Ltd. (1286.HK) on Friday reported its revenue rose 16.8% year-on-year in the third quarter to HK$1.36 billion ($175 million), boosted by strong sales…
BRIEF: Haier Smart Home profit climbs 13% in third quarter
Appliance maker Haier Smart Home Co. Ltd. (6690.HK; 600690.SH; 690D.DE) announcedon Thursday its revenue rose 9.5% year-on-year during the third quarter to 77.56 billion yuan ($10.89 billion), while its net…
BRIEF: African diaper king Softcare to raise up to $300 million in IPO
Leading African diaper seller Softcare Ltd. (2698.HK) launched its Hong Kong IPO on Friday, aiming to sell 90.88 million shares for HK$24.20 to HK$26.20 apiece to raise up to HK$2.38…
NEWS WRAP: Seyond sued by rival ahead of Hong Kong SPAC listing
The lawsuit claims Seyond’s long-range Robin E1X closely resembles Hesai’s AT series LiDAR sensors in both product design and system architecture By Teri Yu Autonomous driving technology company Seyond…
BRIEF: Shandong Gold’s profit surges 91% in first three quarters
Gold producer Shandong Gold Mining Co. Ltd. (1787.HK; 600547.SH) announced on Wednesday that its revenue rose 25% year-on-year to 83.78 billion yuan ($11.8 billion) in the first nine months of…
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