BRIEF: U.K. probes Yutong electric buses for remote shut down capabilities
The U.K. government is investigating whether hundreds of Chinese-made electric buses could be remotely deactivated, highlighting Britain’s growing concerns over “made in China” high-tech products. According to the Financial Times,…
BRIEF: Softcare jumps in trading debut in heavily oversubscribed IPO
Shares of leading African diaper seller Softcare Ltd. (2698.HK) opened 33.5% higher in their Hong Kong trading debut on Monday, and retained most of the gains to close up 31.5% at…
BRIEF: Shein opens first Paris store as it faces online ban in France
Fast-fashion giant Shein opened its first physical store in Paris, located inside the BHV Marais department store, on Nov. 5 — the same day its website was threatened with suspension…
BRIEF: Sichuan Biokin launches Hong Kong IPO, eyes Stock Connect program entry
Biopharmaceutical company Sichuan Biokin Pharmaceutical (2615.HK; 688506.SH) launched its Hong Kong IPO on Friday, aiming to raise up to HK$3.36 billion ($432 million) by selling 8.63 million shares for between…
BRIEF: Autohome’s profit dips slightly in third quarter
Car-trading services provider Autohome Inc. (2518.HK; ATHM.US) on Thursday reported its revenue was flat year-on-year at 1.78 billion yuan ($250 million) in the third quarter, while its profit edged down 1.5%…
BRIEF: WeRide shares sink in Hong Kong trading debut
Shares of robotaxi operator WeRide Inc. (0800.HK, WRD.US) sagged in their Hong Kong trading debut on Thursday, opening 7.8% lower and falling throughout to close down 9.96% at HK$24.40. WeRide…
