Yonghe Medical’s first-half profit more than doubles
Hair transplant services provider Yonghe Medical Group Co. Ltd. (2279.HK) said on Wednesday it expects to report a net profit of 70 million yuan ($10.34 million) or more for the…
BAIC Motor posts massive loss amid fierce competition
Automaker BAIC Motor Corp. Ltd. (1958.HK) on Tuesday warned it expects to report a loss of 1.55 billion yuan ($229 million) to 1.65 billion yuan for the first half of…
Autohome launches $400 million share repurchase program
Auto trading services provider Autohome Inc. (ATHM.US; 2518.HK) on Tuesday announced its board has authorized a new $400 million share repurchase program to support the company’s stock. The program took…
iMotion first-half revenue doubles on surging sales
Intelligent driving technology company iMotion Automotive Technology (Suzhou) Co. Ltd. (1274.HK) said on Monday it expects to record revenue of approximately 761 million yuan ($112 million) for the first half…
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.…