BRIEF: Lufax names new co-CEO and chief marketing officer
Online lender Lufax Holding Ltd. (LU.US; 6623.HK) on Friday announced appointments of two new top executives, as it works to resume trading of its Hong Kong-listed shares following the resignation…
BRIEF: Mininglamp shares double in Hong Kong debut
Shares of marketing software provider Mininglamp Technology (2718.HK) doubled in their Hong Kong trading debut on Monday, opening 98% higher and extending the gains to close at HK$286 by the midday…
BRIEF: BYD car sales fall 12% year-on-year in October
New energy vehicle (NEV) maker BYD Co. Ltd. (1211.HK, 002594.SZ) said on Sunday that it sold 441,706 vehicles in October, down 12% year-on-year. Its sales of plug-in hybrid vehicles plunged…
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…