BRIEF: Apple supplier Luxshare considers Hong Kong listing
Shenzhen-listed consumer electronics maker Luxshare Precision Industry Co. Ltd. (002475.SZ) is reportedly considering a second listing in Hong Kong this year to raise between $2 billion and $3 billion, according…
Apple’s AI gamble in China: Did it bet on the wrong horse?
Apple may have miscalculated by teaming with Alibaba in a limited AI partnership, rather than embracing open-source sensation DeepSeek By Vivian Toh When Apple (AAPL.US) recently unveiled its collaboration…
BRIEF: iPhone supplier Lens Technology eyes Hong Kong IPO
Shenzhen-listed mobile phone glass supplier Lens Technology Co. Ltd. (300433.SZ) announced on Thursday it plans to list in Hong Kong, aiming to advance its global strategic layout, enhance its international…
BRIEF: Alibaba to develop AI-powered iPhone with Apple for China
Alibaba Group Holding Ltd. (BABA.US; 9988.HK) and Apple Inc. (AAPL.US) have reportedly agreed to jointly develop and produce an iPhone equipped with artificial intelligence (AI) capabilities for the Chinese market,…
Xiaomi’s EV drive burns big bucks as smartphone sales slow
The former smartphone sensation’s big bet on electric vehicles is about to peak as it eyes mass production in the first half of next year despite stiff competition Key Takeaways:…
For Better or for Worse, IPO Aspirant Powerwin is Bound to its Ad Partners
The provider of cross-border online marketing services plans to go public in Hong Kong, but its falling revenue and profit, combined with a worsening cash position, are troubling for investorsKey…
Full Speed Ahead? Xiaomi’s Soaring EV Costs Raise Red Flag
The smartphone maker has posted lower revenue and adjusted profit in the third quarter, hit by falling product sales and prices. But its spending on a move into EV production…
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