BRIEF: Butong passes listing hearing, targets IPO launch by month’s end
Premium nursery products maker Butong Group passed its listing hearing with the Hong Kong Stock Exchange on Thursday, paving the way for it to launch its IPO by the end…
BRIEF: Anta to open 1,000 Southeast Asia stores in next three years
Sportswear maker Anta Sports Products Ltd. (2020.HK) said on Thursday that it plans to open 1,000 stores in Southeast Asia over the next three years, as it expands beyond its…
BRIEF: Bain sells China data center operation to domestic buyer for $4 billion
Bain Capital said on Wednesday it has agreed to sell its China data center operation to a Chinese consortium led by Shenzhen Dongyangguang Industry for $4 billion, representing the largest…
INDUSTRY BRIEF: Trump eyes curbs on Chinese drugs, drawing industry pushback
The administration of U.S. President Donald Trump is weighing restrictions on the import of drugs and experimental therapies from China, a move that could disrupt the U.S. pharmaceutical industry and…
BRIEF: Yunfeng Financial licensed to deal in virtual assets
Fintech insurance provider Yunfeng Financial Group Ltd. (0376.HK) said on Tuesday the Hong Kong Securities and Futures Commission approved a request to upgrade its current securities-dealing license to also include…
BRIEF: CATL to resume production at Jiangxi lithium mine, faster than expected
Lithium battery giant CATL (3750.HK; 300750.SZ) is preparing to restart operations at its Jianxiawo lithium mine in Jiangxi province’s Yichun, after a one-month suspension. The mine halted production on Aug.…