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…
PODCAST: Australian timber returns to China, and Alibaba’s break-up marches on
China has resumed imports of Australian timber as relations between the two countries continue to thaw after a period of deep freeze. And Alibaba announces plans to spin off its cloud unit and make IPOs for its Freshippo supermarket and Cainiao logistics businesses.
Ebang’s Australia Progress Excites – or Not – or Maybe, as Bitcoin Gyrates
Company’s shares jumped 14% after it disclosed receiving regulatory approval for a digital currency exchange in Australia, but then fell, only to jump again in next two trading days Key…
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