BRIEF: Robot developer Yunji Tech to raise $85 million in Hong Kong IPO
AI-powered robotics and service automation firm Beijing Yunji Technology Co. Ltd. (2670.HK) launched its Hong Kong IPO on Wednesday, aiming to raise about HK$660 million ($85 million) by selling 6.9…
BRIEF: Alibaba stock rallies as Ark Invest buys back in
Shares of Alibaba Group Holding Ltd. (9988.HK, BABA.US) have rallied to a nearly four-year high on media reports that Cathie Wood's Ark Invest recently repurchased $16.3 million worth of the…
Huitongda puts its cash to work with investment in struggling supplier
The Alibaba-backed e-commerce company will pay 994 million yuan for 25% of Jin Tong Ling, a maker of industrial equipment now undergoing a court-led restructuring Key Takeaways: Huitongda will pay…
China’s changing tastes buffet western brands as Ant Group faces old headwinds
Burger King withdraws from Hong Kong and Ant Group's purchase of a Hong Kong brokerage is getting extra scrutiny.
Qidian Guofeng tries on ‘AI halo’ in move to boost business
The company, which is developing an online-merge-offline (OMO) new consumption platform, swung to a 2.23 billion yuan loss last year on asset impairments Key Takeaways: Qidian Guofeng has signed a…
Zhipu shifts IPO strategy amid management turmoil, stiff competition
The AI firm, which has begun the process for listing on one of China’s A-share markets in Shanghai and Shenzhen, is reportedly also considering Hong Kong Key Takeaways: Zhipu may…
Yangtuo bets on small-town moms despite declining birth rates
The infant products e-commerce platform has filed for a Hong Kong IPO, hoping investors will buy into its transformation story after its revenue flatlined last year Key Takeaways: Yangtuo’s infant…
Recent Articles
RELATED ARTICLES
-
Hong Kong Robotics’ stock soars on robotics pivot, but does it have legs?
0370.HK -
Shoucheng sheds ‘old economy’ label with robotic pivot
0697.HK
- Youibot jumps on IPO assembly line to seize on robot vogue
- Dancing robot sensation Unitree boogeys towards IPO
-
BRIEF: Dahon Tech to raise $50 million in Hong Kong IPO
2543.HK
-
BRIEF: Shuangdeng launches Hong Kong IPO to raise $118 million
6960.HK
-
BRIEF: MetaLight bus app IPO finally stops in Hong Kong, to raise $31 million
2605.HK
