IPO fundraising leader Zhongji Innolight stumbles in trading debut
Optical module maker Zhongji Innolight Co. Ltd. (3308.HK; 300308.SZ) stumbled in its trading debut on Thursday, after making Hong Kong's largest IPO this year. The stock opened at HK$971, down about 1%…
New Oriental’s revenue rises 23% in May quarter, but adjusted profit declines
Education services company New Oriental Education & Technology Group Inc. (EDU.US; 9901.HK) on Wednesday reported its revenue rose 23% in the three months through May, as it emerged from a difficult…
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…
