BRIEF: China Hanking’s Australian gold business disposal collapses
Iron ore producer China Hanking Holdings Ltd. (3788.HK) announced on Wednesday that the planned sale of its Primary Gold Australian subsidiary to Inner Mongolia Huineng Coal and Electricity Group has…
Vitasoy’s soaring stock: A potent investor beverage or a takeover target?
The iconic Hong Kong drink maker’s shares have risen sharply since last September on takeover speculation, as it continues to post solid financial results Key Takeaways: Vitasoy's revenue rose 1%…
BRIEF: Top Education’s interim profit jumps 50%
Australian educator Top Education Group Ltd. (1752.HK) on Wednesday reported its revenue rose 16.5% to A$16 million ($10 million) in the six months to December last year, the first half…
Last orders: leading rice noodle chain to delist from Hong Kong
Restaurant network Tam Jai International is being bought out by its Japanese parent after battling weak growth and a troubled expansion plan Key Takeaways: The offer of HK$1.58 per share…
Hanking shines on gold mine sale
The miner’s shares rocketed after it pocketed a tidy profit on the sale of one of its Australian gold assets Key Takeaways: China's Hanking pocketed a A$150 million profit from…
Qudian’s latest identity delivers big costs, scant rewards
The former online lender is trying its hand at last-mile delivery services in Australia and New Zealand, but a heavy cost structure raises questions about the business model’s viability Key…
Country Garden’s trumpeted overseas house crumbles
The debt-hobbled former property leader is quietly exiting its many overseas projects to raise cash, as it also faces policy uncertainties abroad Key Takeaways: Country Garden is negotiating to sell…