BRIEF: Saimo swings to profit on strong revenue growth in first half of 2025
Intelligent connected vehicle (ICV) simulation testing company Beijing Saimo Technology Co. Ltd. (2571.HK; 300466.SZ) said on Monday it expects to report a net profit of between 200,000 yuan ($27,800) and…
BRIEF: Flowing Cloud swings to loss in first half of 2025
Augmented reality and virtual reality services provider Flowing Cloud Technology Ltd. (6610.HK) said on Monday that it expects to report a loss of between 100 million yuan ($14 million) and…
BRIEF: Legend Biotech’s revenue rises 36% in second quarter
Drug maker Legend Biotech Corp. (LEGN.US) on Monday reported strong revenue growth in the second quarter of 2025 as its core cancer drug gained traction. But its net loss also…
BRIEF: SICC launches $260 million IPO
Semiconductor company SICC CO. Ltd. (2631.HK; 688234.SH) launchedits Hong Kong IPO on Monday, planning to issue 47.7 million shares at up to HK$42.80 per share to raise up to HK$2.04…
BRIEF: CATL halts lithium production at Jiangxi mine
Electric vehicle battery maker Contemporary Amperex Technology Co. Ltd. (3750.HK, 300750.SZ) (CATL) suspended operations at its Jianxiawo lithium mine in China’s Jiangxi province on Aug. 10, with no plans to…
BRIEF: Hutchmed’s revenue falls in first half of 2025
Drug maker Hutchmed (China) Ltd. (HCM.US; 0013.HK) reported its revenue fell in the first half of 2025, as a small gain for its best-selling drug failed to offset declines for…
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