BASiC Semi to build $28 million packaging line
Semiconductor power device maker Shenzhen BASiC Semiconductor Co. Ltd. (9971.HK) said Tuesday that it will invest 193.3 million yuan ($28 million) to build a silicon carbide module packaging production base,…
Legend Bio CEO resigns, shares tumble
Drugmaker Legend Biotech Corp. (LEGN.US) said on Monday that Huang Ying resigned as the company’s CEO and member of its board effective July 24, without giving any reason for his departure.…
Dekon plans $100 million zero-coupon convertible bond issue
Hog farmer Dekon Food and Agriculture Group (2419.HK) said on Sunday it plans to issue $100 million in zero-coupon convertible bonds due in August 2027. The initial conversion price is…
CATL reports strong growth, announces major buyback for Shenzhen stock
Electric vehicle battery maker Contemporary Amperex Technology Co. Ltd. (CATL)(3750.HK; 300750.SZ) said on Sunday that its revenue rose 54.8% year-over-year to 277 billion yuan ($40.89 billion) in the first half…
Ausnutria slips into the red on changing global infant formula market
Dairy products company Ausnutria Dairy Corporation Ltd. (1717.HK) said on Friday its revenue fell sharply in the first half of 2026, as it swung into the red, citing changes in…
Digital, scale advantages lift H World Group to top of global hotel rankings
Hotel giant H World Group Ltd. (HTHT.US; 1179.HK) took the top two spots on a list of the world’s leading hotel brands in the latest rankings by “Hotels” magazine, reflecting…
