Nuobikan seeks $17 million in share placement at 13.6% discount
AI technology company Nuobikan Artificial Intelligence Technology (Chengdu) Co. Ltd. (2635.HK) said on Tuesday it plans to place 16.49 million new shares, representing about 4.17% of its enlarged share capital.…
Red Avenue shares slump in Hong Kong trading debut
Shares of new materials maker Red Avenue New Materials Group Co. Ltd. (9607.HK; 603650.SH) fell in their trading debut on Tuesday, as the company was one of four new listings…
Kinwong Electronic rises in Hong Kong trading debut, reversing opening decline
Printed circuit board (PCB) manufacturer Shenzhen Kinwong Electronic Co. Ltd. (3228.HK; 603228.SH) opened 7% lower in its Hong Kong trading debut on Tuesday, but then reversed course to close up…
ZO Future returns to the black in latest fiscal year
NEV brand ZO Future Group (2309.HK) said on Friday it expects to report a profit of up to HK$120 million ($15.3 million) for its fiscal year through June, reversing a…
Nio and Geely in battery swapping and charging deal
Electric vehicle (EV) maker Nio Inc. (NIO.US; 9866.HK) announced on Monday that it has entered into definitive agreements with subsidiaries of Zhejiang Geely Holding Group Co. Ltd. covering the battery…
Xinyi Energy to spin off new energy fund for separate listing
Solar and wind farm operator Xinyi Energy Holdings Ltd.(3868.HK) said on Sunday that it will spin off its XYE New Energy Fund for a separate listing on the Shenzhen Stock…