BRIEF: JD.com in talks to acquire German electronics retailer Ceconomy
German electronics retailer Ceconomy (CECG.DE) confirmed on Thursday that it is in talks to be acquired by Chinese e-commerce giant JD.com Inc. (9618.HK, JD.US). According to Reuters, JD.com has offered…
BRIEF: Leads Biolab nearly doubles in Hong Kong trading debut
Shares of Nanjing Leads Biolab Co. Ltd. (9887.HK) rose 91.7% to close at HK$67.10 on their first trading day on Friday, after the company sold 36.86 million shares for HK$35 each,…
BRIEF: Kingboard records strong profit gain in first half of 2025
Kingboard Holdings Ltd. (0148.HK) said on Thursday it expects to report strong profit growth for the first half of 2025, citing solid performance for its core businesses making and selling…
BRIEF: SenseTime raises $318 million in share placement at 6.25% discount
Artificial intelligence company SenseTime Group Inc. (0020.HK) announced on Thursday that it will raise HK$2.5 billion ($318 million) by placing around 1.67 billion new Class B shares at HK$1.50 per…
BRIEF: Sands China second-quarter profit drops 13%
Casino operator Sands China Ltd. (2282.HK) reported on Thursday its net revenue rose 2.5% year-on-year to $1.79 billion in the second quarter, while its net income dropped 13% to $214…
INDUSTRY BRIEF: New China wind, solar power installations plunge in June
China’s new installations of wind and solar power plunged in June, following a surge the previous month as green energy power developers rushed to finish new projects before the expiry…
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