BRIEF: Impression Dahongpao sinks in Hong Kong trading debut
Shares of cultural tourism company Impression Dahongpao Co. Ltd. (2695.HK) opened down 9.4% at HK$3.26 in their Hong Kong trading debut on Monday, then continued to fall to close down 25% by…
BRIEF: Single show pony Impression Dahongpao launches modest IPO
Cultural tourism company Impression Dahongpao Co. Ltd. (2695.HK) launched its Hong Kong IPO on Friday, aiming to sell 36.1 million shares for HK$3.47 to HK$4.10 apiece to raise about HK$148…
BRIEF: Hello Group forecasts another year of revenue decline for 2025
Online dating app operator Hello Group Inc. (MOMO.US), sometimes called the “Tinder of China,” reported on Wednesday that its revenue fell slightly in the third quarter, as strong gains in…
BRIEF: Qunabox enters AI-based lifestyle platform partnership in Dubai
Smart vending machine operator Qunabox Group Ltd. (0917.HK) said on Thursday it has entered a partnership with a member of Dubai’s ruling family to co-develop Holox, an AI-based entertainment and…
BRIEF: Cathay Pacific passenger, cargo traffic rise in October
Cathay Pacific Airways Ltd. (0293.HK) said on Monday its Cathay Pacific and HK Express services collectively carried over 3.2 million passengers in October, up 21% month-on-month. Its cargo volume for…
BRIEF: NetEase’s profit jumps nearly 30% as game revenue rises 12%
NetEase Inc. (9999.HK; NTES.US) reportedon Thursday that its revenue rose more than 8% year-on-year to 28.36 billion yuan ($13 billion) in the third quarter, slowing from its 9.4% growth in…
BRIEF: Kuaishou’s third-quarter profit jumps as AI fuels growth
Short-video platform Kuaishou Technology (1024.HK) reported on Wednesday its revenue rose 14.2% year-on-year to 35.6 billion yuan ($5 billion) in the third quarter, while its profit jumped 37.3% to 4.49…
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