FAST NEWS: Merger drives Luk Fook’s fourth-quarter sales growth
The Latest: Luk Fook Holding (International) Ltd. (1361.HK) said on Thursday its retail revenue in the fourth quarter of its fiscal year through March rose 12% year-on-year, exceeding the figure for the same…
FAST NEWS: Lingbao Gold basks in glittery spotlight with new share sale
The Latest: Lingbao Gold Group Co. Ltd. (3330.HK) sold nearly 26.92 million new shares on Wednesday for HK$3.02 a piece, a 16% discount to the previous day’s close, raising HK$79.3 million ($10.1…
FAST NEWS: JPMorgan ups stake in CTG Duty Free
The Latest: U.S. banking giant JPMorgan purchased about 126,000 Hong Kong-listed shares of China Tourism Group (CTG) Duty Free Corp. Ltd. (1880.HK; 601888.SH) on April 10, raising its stake in the duty-free…
FAST NEWS: BitFuFu posts strong user growth as mining capacity doubles
The Latest: Digital asset mining services provider BitFuFu Inc. (FUFU.US) said on Thursday its revenue rose 43.3% last year to $284.1 million, while its net income more than quadrupled to…
FAST NEWS: Boan Bio pledges shares as collateral for $41 million loan
The Latest: Shandong Boan Biotechnology Co. Ltd. (6955.HK) announced on Friday that it has entered into a loan facility with China Jingu International Trust, whereby Jingu has agreed to lend it…
FAST NEWS: Shandong Gold mines higher gold prices for big profits
The Latest: Shandong Gold Mining Co. Ltd. (1787.HK) said on Thursday it expects to report a net profit of 650 million yuan ($89.8 million) to 750 million yuan for the first quarter…