BRIEF: Zhejiang Sanhua gets CSRC nod for Hong Kong IPO
The Chinese securities regulator approved Zhejiang Sanhua Intelligent Controls Co. Ltd.’s (002050.SZ) application to list in Hong Kong, clearing an important regulatory hurdle for the refrigerator and air condition component…
Midea boosts European footprint in its globalization drive
The home appliance maker has acquired German brand Teka, whose products are used in half of all Spanish households Key Takeaways: Midea has completed its acquisition of Teka, adding a…
JL Mag fortified by strategic status of rare earths in U.S.-China trade war
The state-owned maker of rare earth magnets reported strong profit growth in the first quarter, reversing two years of declines Key Takeaways: As a maker of rare earth magnets that…