NEWS WRAP: J&T Express posts revenue, profit gains as Southeast Asia unit booms
The logistics company handled around 14 billion parcels in the first half of this year, with strong growth in Southeast Asia and new markets in South America, Africa and the…
BRIEF: Guofu Hydrogen raises $11.67 million via share placement at 17% discount
Hydrogen storage and transportation equipment maker Jiangsu Guofu Hydrogen Energy Equipment Co. Ltd. (2582.HK) announcedon Sunday that it will place up to 1.73 million new Hong Kong-listed shares at HK$54…
BRIEF: Dahon Tech to raise $50 million in Hong Kong IPO
Folding-bicycle maker Dahon Tech (Shenzhen) Co. Ltd. (2543.HK) kicked off its Hong Kong IPO on Monday, aiming to sell 7.92 million shares at HK$49.50 apiece to raise HK$392 million ($50…
BRIEF: Baidu’s Apollo Go tops global robotaxi market with 14 million rides and global advances
Baidu Inc.’s (BIDU.US; 9888.HK) Apollo Go autonomous ride-hailing service recorded 14 million cumulative rides as of August, the company said last Wednesday. That helped to solidify its position as a…
BRIEF: BrainAurora’s revenue nearly doubles but loss widens in first half of 2025
BrainAurora Medical Technology Ltd. (6681.HK) announced on Thursday that its revenue surged 92.8% year-on-year to 100 million yuan ($14 million) in the first half of this year. But the maker…
BRIEF: FWD reports $47 million profit in first half of 2025
Insurance company FWD Group Holdings Ltd. (1828.HK) said on Friday its new business sales, measured by annualized new premiums, jumped 38% year-on-year to $1.25 billion in the first-half of this…
